Applied Optoelectronics Inc., through its wholly owned subsidiary Global Technology, Inc., has entered into a significant financial agreement with Shanghai Pudong Development Bank Co., Ltd. The agreement, finalized on July 29, 2025, includes a five-year revolving credit line amounting to 250 million RMB. This credit line is intended for general corporate and capital investment purposes. The subsidiary can access the funds on an as-needed basis until July 29, 2030. The loan is secured by real property owned by Global Technology. Interest rates for each draw will be mutually agreed upon at the time of the draw. The bank reserves the right to revoke the credit line at any time due to various conditions, including changes in Global Technology's financial standing. This agreement underscores Applied Optoelectronics' strategic financial planning for future operations.
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