Unisplendour Corp acquires an additional 19% stake in H3C Holdings Limited from HPE Cayman, raising its ownership to 87.98%. The transaction involves two equity agreements signed in late 2025 by Unisplendour’s international subsidiary and a group of investors. This move consolidates Unisplendour’s control over H3C through structured buyouts.
Unisplendour Corporation, a Tsinghua Holdings subsidiary, cancels its Hong Kong IPO plans after a year. The company will instead raise $800 million through a private share placement on the Shenzhen exchange. Unisplendour develops cloud computing software and manufactures servers and storage systems.
Unisplendour acquires an additional 10% stake in H3C, increasing its ownership to 82.8%. The move consolidates its control over the company’s operations and strategic direction.
Hewlett Packard Enterprise (HPE) sells a 10% stake in its Chinese joint venture **H3C Holdings** for **$714 million**. The proceeds follow an earlier stake sale, which helped finance HPE’s **$14 billion acquisition of Juniper Networks**. The transaction reflects HPE’s strategic divestments to support major acquisitions.