SGC: Obtained a commitment letter for a special loan of 108 million yuan for stock repurchase
SGC announced that the company recently obtained a "Letter of Commitment" issued by the Changzhou Wujin Branch of Industrial and Commercial Bank of China Limited, with the main content as follows: the loan commitment amount shall not exceed RMB 108 million, the financing period shall not exceed three years, and the loan shall be used solely for repurchasing the company's shares. The validity period of the letter of commitment ends on June 26, 2026. The receipt of this loan commitment letter will provide financing support for the company's share repurchase, and the specific loan matters shall be subject to the loan contract signed by both parties
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