Yunnan Germanium announced that the board of directors of the company reviewed and passed the bill and agreed that Hubei Xinyao Semiconductor Co., Ltd. holding the Sun company will apply for a fixed asset loan of 217 million yuan from China CITIC Bank Huanggang Branch for a “high-quality gallium arsenide chip construction project”. The loan period is no more than 10 years, and the loan interest rate is 2.95% to 3.3%. It was agreed that Hubei Xinyao would use the project's land use rights, related projects under construction, real estate property rights after completion, and project machinery and equipment as collateral for the above loans. This loan does not constitute a related transaction or major asset restructuring, does not require approval from relevant departments, and no relevant agreement has yet been signed.

Yunnan Germanium announced that the board of directors of the company reviewed and passed the bill and agreed that Hubei Xinyao Semiconductor Co., Ltd. holding the Sun company will apply for a fixed asset loan of 217 million yuan from China CITIC Bank Huanggang Branch for a “high-quality gallium arsenide chip construction project”. The loan period is no more than 10 years, and the loan interest rate is 2.95% to 3.3%. It was agreed that Hubei Xinyao would use the project's land use rights, related projects under construction, real estate property rights after completion, and project machinery and equipment as collateral for the above loans. This loan does not constitute a related transaction or major asset restructuring, does not require approval from relevant departments, and no relevant agreement has yet been signed.