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.
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