Applied Optoelectronics Subsidiary Secures 162 Million RMB Credit Line with China Construction Bank

Reuters

07-02

Applied Optoelectronics Subsidiary Secures 162 Million RMB Credit Line with China Construction Bank

On June 26, 2025, Global Technology, Inc., a wholly-owned subsidiary of Applied Optoelectronics, Inc., entered into a significant financial agreement with China Construction Bank Co., Ltd. in Ningbo City, China. The agreement comprises a five-year revolving credit line totaling 162,260,000 RMB, aimed at supporting general corporate and capital investment purposes. This Credit Line allows Global Technology to draw funds at any time from June 26, 2025, through June 26, 2030, subject to individual applications and approvals by the bank. The obligations under this credit line are secured by Global Technology's real property, as stipulated in the related security agreement. This financial arrangement reflects the company's strategic efforts to bolster its financial flexibility and operational resources.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Optoelectronic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-004861), on July 01, 2025, and is solely responsible for the information contained therein.

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The agreement comprises a five-year revolving credit line totaling 162,260,000 RMB, aimed at supporting general corporate and capital investment purposes. This Credit Line allows Global Technology to draw funds at any time from June 26, 2025, through June 26, 2030, subject to individual applications and approvals by the bank. The obligations under this credit line are secured by Global Technology's real property, as stipulated in the related security agreement. This financial arrangement reflects the company's strategic efforts to bolster its financial flexibility and operational resources.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Applied Optoelectronic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-25-004861), on July 01, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B7SZL793.SGD","symbol_name":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250701:nNDL84ThYR:1","article_id":"2548882191","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2548882191","pubTimestamp":1751400404,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"On June 26, 2025, Global Technology, Inc., a wholly-owned subsidiary of Applied Optoelectronics, Inc., entered into a significant financial agreement with China Construction Bank Co., Ltd. in Ningbo City, China. 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