1. Date of Occurrence: May 20, 2026 2. Borrower: (1) Company Name: Kunshan Haojun Precision Electronics Co., Ltd. (2) Relationship: Subsidiary (3) Loan Limit (in thousands): 294,021 (4) Existing Balance (in thousands): 39,815 (5) Incremental Loan (in thousands): 30,797 (6) Authorized by Board for multiple drawdowns: No (7) Current Balance (in thousands): 70,612 (8) Reason for Loan: Operational needs 3. Collateral: None 4. Borrower's Recent Financials: (1) Capital (in thousands): 38,364 (2) Accumulated Profit/Loss (in thousands): -445,201 5. Interest Calculation: In accordance with our procedures 6. Repayment Terms: (1) Deadline: May 19, 2028 7. Total Loan Balance (in thousands): 466,961 8. Ratio to Net Worth: 266.65% 9. Source of Funds: Subsidiary's own funds 10. Other: None

FACT BOX

  • Source: PR Times
  • Category: News