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China Electronics Optics Unit Obtains 1.5 Billion Yuan Revolving Facility

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China Electronics Optics Valley Union (HKG:0798) unit Wuhan Optics Valley Union Group agreed to obtain a revolving facility of up to 1.5 billion yuan from China Electronics Financial, according to a Tuesday Hong Kong bourse filing.

The facility will be available for drawdowns between July 20, 2026, and July 19, 2027.

The move came after the expiry of a 2024 agreement, under which a revolving facility of a maximum of 1 billion yuan was made available to Wuhan Optics Valley.

China Electronics Financial is a unit of state-owned China Electronics, a substantial shareholder of the company.

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