---
title: "ZJJF: Obtained a commitment letter for a special loan for stock repurchase from financial institutions not exceeding 36 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/257523902.md"
description: "ZJJF announced that it recently obtained a \"Loan Commitment Letter\" issued by the Jinhua Branch of China Merchants Bank Co., Ltd., with the main content as follows: the loan amount shall not exceed RMB 36 million, the loan interest rate is 1.8%, the loan term shall not exceed 36 months, and the loan purpose is specifically for repurchasing shares of Zhejiang ZJJF Co., Ltd. The specific loan matters for this stock repurchase shall be subject to the formal loan contract signed by both parties"
datetime: "2025-09-16T10:39:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/257523902.md)
  - [en](https://longbridge.com/en/news/257523902.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/257523902.md)
---

# ZJJF: Obtained a commitment letter for a special loan for stock repurchase from financial institutions not exceeding 36 million yuan

ZJJF announced that it recently obtained a "Loan Commitment Letter" issued by the Jinhua Branch of China Merchants Bank Co., Ltd., with the main content as follows: the loan amount shall not exceed RMB 36 million, the loan interest rate is 1.8%, the loan term shall not exceed 36 months, and the loan purpose is specifically for repurchasing shares of Zhejiang ZJJF Co., Ltd. The specific loan matters for this stock repurchase shall be subject to the formal loan contract signed by both parties

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