Jianghan New Materials: Obtained a commitment letter for a special loan for stock repurchase from financial institutions not exceeding 360 million yuan
On June 4th, Jianghan New Materials announced that the company recently obtained a "Loan Commitment Letter" issued by the Hubei Branch of Industrial and Commercial Bank of China, promising a loan amount not exceeding 360 million yuan, which will only be used for repurchasing the company's shares and cannot be diverted for other purposes. The loan term is three years. This commitment letter is valid until the expiration date of the repurchase period announced by the company
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