---
title: "Shengjian Technology adjusts the source of funds for share repurchase, obtaining special loan support of no more than 12 million yuan for repurchase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/226351422.md"
description: "Shengjian Technology announced that the source of funds for its share repurchase will be adjusted from \"own funds\" to \"own funds and self-raised funds,\" including special bank repurchase loans. The company has obtained a commitment from CITIC BANK Shanghai Branch, with a loan limit not exceeding 12 million yuan, which will be used solely for repurchasing the company's shares"
datetime: "2025-01-27T10:38:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/226351422.md)
  - [en](https://longbridge.com/en/news/226351422.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/226351422.md)
---

# Shengjian Technology adjusts the source of funds for share repurchase, obtaining special loan support of no more than 12 million yuan for repurchase

According to the Zhitong Finance APP, Shengjian Technology (603324.SH) announced that the source of funds for the share repurchase will be adjusted from "own funds" to "own funds and self-raised funds (including special bank repurchase loans, etc.)". Other details of the share repurchase plan remain unchanged.

Recently, the company received a letter of commitment from the Shanghai Branch of CITIC BANK regarding the special loan project for the share repurchase of Shanghai Shengjian Technology Co., Ltd., committing to a loan amount not exceeding 12 million yuan, limited to the repurchase of the company's stock

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