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On June 9th, China CITIC Bank Nanjing Branch signed a strategic cooperation agreement with AAC Technologies Holdings, Inc. to lend total credit of no less than 10 billion yuan.
Deputy Party Secretary Cai Jun received the CITIC delegation headed by Lu Jingen, president of China CITIC Bank Nanjing Branch.
AAC Technologies engages in the manufacture and distribution of miniaturized acoustic components. The firm produces speakers, receivers, microphones, vibrator, lens, and voice coil motor. It operates through the following segments: Dynamic Components, Haptics and Radio Frequencies, Micro Electro-Mechanical System Components, and other products.
Vice Mayor Shi Zhijun and AAC Technologies' CEO Pan Zhengmin attended the signing ceremony.
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