---
title: "SPORTSOUL: Adjusted the share repurchase plan, with a loan amount not exceeding 19.9 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/228205729.md"
description: "SPORTSOUL announced that the company has adjusted its share repurchase plan, changing the source of funds from \"company's own funds\" to \"company's own funds and self-raised funds.\" In addition, the company has obtained a loan commitment from the Qingdao branch of Bank of Communications, with a loan amount not exceeding 19.9 million yuan and a loan term of 1 year"
datetime: "2025-02-13T13:47:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/228205729.md)
  - [en](https://longbridge.com/en/news/228205729.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/228205729.md)
---

# SPORTSOUL: Adjusted the share repurchase plan, with a loan amount not exceeding 19.9 million yuan

SPORTSOUL announced that the company will hold the seventh meeting of the second board of directors and the seventh meeting of the second supervisory board on February 13, 2025, to review and approve the proposal on adjusting the share repurchase plan. It was agreed to change the source of funds for the share repurchase from "the company's own funds" to "the company's own funds and self-raised funds." Aside from the above adjustment, the other contents of the company's repurchase plan remain unchanged. The company has received a commitment letter for stock repurchase loans issued by the Qingdao Branch of Bank of Communications Co., Ltd., promising to provide loan support for the stock repurchase, with a loan amount not exceeding RMB 19.9 million, and a loan term of 1 year, with specific loan matters subject to the contract signed by both parties

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