Loan proceeds will be used to fund capital expenditures for the rest of 2009 and pay back outstanding loans of about $80 million due on June 30.

"The syndicated loan facility combined with the proceeds from our recent follow-on offering will allow us to improve our long-term capital resources as we carry out our market-driven expansion plan and elevate our manufacturing technology platform," Chief Executive Jifan Gao said in a statement.

A service of YellowBrix, Inc.