On September 30, Yuandong Co., Ltd. officially received the first syndicated loan of 474 million yuan for the 1,800-ton AIDC optical fiber optic rod production expansion project, marking the successful implementation of the first syndicated loan for the optical communications industry manufacturing project in Wuxi City. The syndicate was led by the Yixing branch of the Bank of Jiangsu. Bank of China Yixing Branch, SPD Bank Yixing Branch, and Bank of Communications Yixing Branch participated in the loan. The total amount of the syndicate was 930 million yuan, making it the first syndicated loan for an optical communications industry manufacturing project in Wuxi City.

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