Leoch International Technology Limited entered into, among other parties, the Company and some of its subsidiaries as borrower or guarantors, China Citic Bank International Limited, Hang Seng Bank Limited and The Hongkong and Shanghai Banking Corporation Limited as mandated lead arrangers and bookrunners, and various financial institutions as lenders, term loan facilities of USD 70,375,000 and HKD 231,075,000, equivalent to a total amount of about USD 100,000,000, are made available to the Group for (i) refinance the facility agreement entered into by the Company dated 7 May 2020 and (ii) financing the general corporate purpose of the core business of the Group.