---
title: "Zhejiang Medicine has obtained a commitment letter for stock repurchase loans from financial institutions"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/236223719.md"
description: "According to the Zhitong Finance APP, ZMC announced that the company recently obtained a \"Loan Commitment Letter\" issued by the Shaoxing Xinchang Branch of CITIC Bank Co., Ltd. The main contents are as follows: 1. Committed loan amount: not exceeding RMB 180 million, 2. Loan term: not exceeding 36 months, 3. Loan purpose: specifically for repurchasing the company's stock"
datetime: "2025-04-16T11:39:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/236223719.md)
  - [en](https://longbridge.com/en/news/236223719.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/236223719.md)
---

# Zhejiang Medicine has obtained a commitment letter for stock repurchase loans from financial institutions

According to the Zhitong Finance APP, Zhejiang Medicine (600216.SH) announced that it recently obtained a "Loan Commitment Letter" issued by the Shaoxing Xinchang Branch of CITIC Bank Corporation Limited. The main contents are as follows: 1. Committed loan amount: not exceeding RMB 180 million, 2. Loan term: not exceeding 36 months, 3. Loan purpose: specifically for repurchasing the company's stock

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