Applied Optoelectronics subsidiary signs 10-year lease for Ningbo, China factory building
On September 10, 2026, Global Technology, a wholly owned subsidiary of Applied Optoelectronics, signed a 10-year lease for a factory building of about 38,311.8 square meters in Ningbo, China, starting September 16, 2026. The filing gives annual rent of RMB 6,896,124, with a 3% increase every three years from the third lease year, and grants the subsidiary alteration rights and rights of first refusal to buy or renew. The lease adds a multi-year fixed obligation and facility capacity for production, but the filing does not describe its financial size relative to the company's results.
Key points
- Lease term: September 16, 2026 to September 15, 2036, ten years
- Annual rent of RMB 6,896,124, rising 3% every three years beginning in the third lease year
- Three-month rent-free renovation period after delivery of the property; subsidiary may alter the building at its own expense
- Lessor may not terminate before expiration except for force majeure or material breach by the subsidiary
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.