The board of directors of Zhen Ding Technology Holding Limited had approved the application of syndicated loan, while the credit line amount totaled USD 400 million (As the case,can be increased or decreased within 20%). This credit will mature in 3 years (including a grace period of 2.5 years), and can apply for an extension of the credit period for 2 years. The loan will be used for the purpose of debt repayment and enrich working capital.