China Electronics Secures New RMB1 Billion Financing

China Electronics Optics Valley Union Holding Co., Ltd. (HK:0798) has released an update.

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China Electronics Optics Valley Union Holding Co., Ltd. has announced a new financial agreement with CEC Finance, securing a revolving facility of up to RMB1 billion for its subsidiary, Wuhan OVU. This move follows the expiration of a previous facility and reflects Wuhan OVU’s ongoing need for financing. The new facility is set to run from February 2025 to February 2026, underscoring the company’s strategic financial planning.

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