NB KBE: Obtained a commitment letter for a special loan of 150 million yuan for stock repurchase from financial institutions

NB KBE announced that the company will hold a board meeting on April 9, 2025, to review and approve a repurchase plan, intending to use no less than 200 million yuan and no more than 300 million yuan of its own funds or self-raised funds to repurchase company shares for employee equity incentives or conversion of convertible bonds. Recently, the company obtained a loan commitment letter of 150 million yuan from China Construction Bank Ningbo Branch for the purpose of repurchasing company stock, with a loan term of 3 years