JA Martin and Kenshaw, subsidiaries of VivoPower, have successfully completed refinancing of their credit lines. As a result, JA Martin reduced expenses by 38% and obtained more convenient credit terms, which improved liquidity and created financial opportunities for the company's development over the next 3-5 years. Kenshaw, on the other hand, was able to allocate a part of its surplus funds from working capital to repay its debts without compromising the company's future operations.