【Chenbro】Announcement on behalf of subsidiary Micom-Source Holding Co. regarding the board's approval to extend a loan to the company's subsidiary Chenbro Micom (USA) INC.
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Chenbro's subsidiary, Micom-Source Holding Co., announced the board's approval to extend an existing loan to its wholly-owned subsidiary, Chenbro Micom (USA) INC. This measure aims to enhance operational flexibility and prepare for contingencies, with no new funds being disbursed.