Hengtong Optic-Electric's (600487.SH) controlling shareholder receives a commitment letter for a special loan for shareholding increase.

Zhitong Finance APP News, Hengtong Optic-Electric (600487.SH) issued an announcement that the company recently received a notice from its controlling shareholder Hengtong Group Co., Ltd. (referred to as "Hengtong Group") that Hengtong Group received a "Loan Commitment Letter" issued by China Construction Bank Corporation Suzhou Yangtze River Delta Integration Demonstration Zone Branch (referred to as "CCB Suzhou Yangtze River Delta Integration Demonstration Zone Branch"). CCB Suzhou Yangtze River Delta Integration Demonstration Zone Branch committed to providing Hengtong Group with a special loan for increasing shareholding in an amount not exceeding RMB 540 million, with a loan term not exceeding 3 years.