Universal Electronics subsidiary secures RMB 80M line of credit from Bank of China

UNIVERSAL ELECTRONICS INC

GTY subsidiary entered into Line of Credit, Mortgage, and Working Capital Loan contracts with Bank of China Baoying Sub-Branch.
Credit limit of RMB 80 million (approx. $11.2M) for general business purposes until July 24, 2025.
Loans are secured by maximum mortgage; available for short-term working capital, trade financing, and other credit facilities.
Borrowings may be used for short-term working capital loans, bank acceptance bills, letters of credit, guarantees.
This financing supports GTY's operations in China; no change to UEIC's existing debt or dividend policy.

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