---
schema_version: "secwatch.filing_event.v1"
accession: "0000101984-24-000150"
form_type: "8-K"
ticker: "UEIC"
cik: "0000101984"
company_name: "UNIVERSAL ELECTRONICS INC"
filed_at: "2024-09-03T23:59:59+00:00"
generated_at: "2026-05-31T06:33:16.200239+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000101984-24-000150
- form_type: 8-K
- ticker: UEIC
- cik: 0000101984
- company_name: UNIVERSAL ELECTRONICS INC
- filed_at: 2024-09-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101984/000010198424000150/0000101984-24-000150-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101984/000010198424000150/ueic-20240829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000101984-24-000150
- JSON: https://secwatch.observer/filing/0000101984-24-000150.json
- Plain text: https://secwatch.observer/filing/0000101984-24-000150.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.