Summary by Futu AI
UBTECH ROBOTICS CO., LTD. (UBTECH ROBOTICS) WILL HOLD AN INTERIM GENERAL MEETING ON APRIL 11, 2024 IN NANSHAN ZHIYUAN, SHENZHEN TO REVIEW BANK CREDIT ARRANGEMENTS AND EXTERNAL GUARANTEES. The company plans to apply for bank loans of not more than RMB 1,800 million and provide guarantees to certain subsidiaries of not more than RMB970 million. The Board considers that this move will support the expansion of the Company's business and in the overall interests of the Company and its shareholders. Shareholders wishing to appoint representatives to attend the General Meeting must submit the relevant documents by 10 April 2024. In addition, the company stressed that all proposals must be decided by vote at the general meeting.