---
title: "IMIC: Adjusting the source of funds for share repurchase to self-owned funds and special loans for stock repurchase"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/235014681.md"
description: "IMIC announced that the source of funds for the share repurchase will be adjusted from \"own funds\" to \"own funds and special loan funds for share repurchase.\" This adjustment has been approved by the resolution of the fourth meeting of the thirteenth board of directors and does not require the approval of the shareholders' meeting. The company has obtained a commitment from the Shaanxi Branch of Bank of Communications to provide a special loan for share repurchase of no more than 44.5 million yuan, with a loan term of 3 years, and specific matters shall be subject to the contract"
datetime: "2025-04-08T11:48:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/235014681.md)
  - [en](https://longbridge.com/en/news/235014681.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/235014681.md)
generator: "portal-rs"
---

# IMIC: Adjusting the source of funds for share repurchase to self-owned funds and special loans for stock repurchase

IMIC announced that the source of funds for the share repurchase will be adjusted from "self-owned funds" to "self-owned funds and special loan funds for stock repurchase." This adjustment has been approved by the resolution of the fourth meeting of the thirteenth board of directors and does not require submission to the shareholders' meeting for deliberation. The company has obtained a "Commitment Letter for Repurchase and Increase Loan" issued by the Shaanxi Branch of Bank of Communications Co., Ltd., committing to provide the company with a special loan for stock repurchase of no more than RMB 44.5 million, with a loan term of 3 years, and specific loan matters will be subject to the relevant contract signed by both parties

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