沃格光电：开展不超4亿元无追索权应收账款保理业务

Core Viewpoint - The company has announced the approval of a non-recourse accounts receivable factoring business, which aims to enhance asset liquidity and improve cash flow [1] Group 1: Business Details - The board of directors will convene on January 6, 2026, to review the proposal for the factoring business [1] - The total cumulative limit for this business with financial institutions will not exceed 400 million yuan within 12 months from the first transaction, including 215 million yuan already incurred in 2025 [1] - The business will involve certain accounts receivable from the company and its subsidiaries, with the contract duration determined on a case-by-case basis [1] Group 2: Implications - This transaction does not constitute a related party transaction or a major asset restructuring, thus does not require shareholder approval [1] - The initiative is expected to help in revitalizing assets and improving the company's cash flow [1]