---
title: "CCTC: Received a commitment letter for a stock repurchase loan of 180 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/239100811.md"
description: "CCTC announced that it has received a commitment letter for a stock repurchase loan of 180 million yuan issued by the Chaozhou branch of the Industrial and Commercial Bank of China, with a loan term not exceeding 3 years, specifically for the purpose of repurchasing the company's shares. This loan provides financing support for the repurchase of shares and complies with regulatory requirements. The company will implement the repurchase plan based on market conditions and fulfill its information disclosure obligations. This matter does not constitute a major asset restructuring or related party transaction and has no significant impact on operating performance; investors should pay attention to risks"
datetime: "2025-05-07T10:52:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/239100811.md)
  - [en](https://longbridge.com/en/news/239100811.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/239100811.md)
---

# CCTC: Received a commitment letter for a stock repurchase loan of 180 million yuan

CCTC announced that the company has received a "Loan Commitment Letter" issued by the Chaozhou Branch of the Industrial and Commercial Bank of China, with a loan amount not exceeding 180 million yuan, for a term not exceeding 3 years, specifically for the purpose of repurchasing the company's stock. This loan commitment letter provides financing support for the company's share repurchase and complies with relevant regulatory requirements. The specific loan matters shall be subject to the loan agreement signed by both parties. The company will implement the plan within the repurchase period based on market conditions and fulfill its information disclosure obligations. This matter does not constitute a major asset restructuring or related party transaction and will not have a significant impact on the company's operating performance. Investors are advised to pay attention to the risks

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