---
title: "CNNC TD plans to repurchase shares worth 300 million to 500 million yuan"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/231534452.md"
description: "According to the announcement from CNNC TD, the company plans to repurchase shares worth between 300 million to 500 million yuan, with a repurchase price not exceeding 6 yuan per share, which will be used for the employee stock ownership plan or equity incentives. The funding sources will be the company's own funds and self-raised funds. The company has obtained a \"Loan Commitment Letter\" issued by the Lanzhou Branch of Industrial Bank Co., Ltd., agreeing to provide the company with special loan support for stock repurchase not exceeding 180 million yuan, with a loan term of no more than three years"
datetime: "2025-03-12T12:17:03.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/231534452.md)
  - [en](https://longbridge.com/en/news/231534452.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/231534452.md)
generator: "portal-rs"
---

# CNNC TD plans to repurchase shares worth 300 million to 500 million yuan

According to the Zhitong Finance APP, CNNC TD (002145.SZ) announced that the company plans to repurchase shares worth between 300 million to 500 million yuan, with a repurchase price not exceeding 6 yuan per share, which will be used for the employee stock ownership plan or equity incentives. The funding sources will be the company's own funds and self-raised funds. The company has obtained a "Loan Commitment Letter" issued by the Lanzhou Branch of Industrial Bank Co., Ltd., agreeing to provide the company with special loan support for stock repurchase not exceeding 180 million yuan, with a loan term not exceeding three years

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**