Cailaiying Obtains a Commitment Letter for a Special Loan of No More Than 1.26 Billion Yuan for Share Repurchase
2026-11-09 16:23:26
According to CoinMeta, Cailaiying announced that the company has recently received 'Loan Commitment Letters' issued by China Merchants Bank Tianjin Branch and CITIC Bank Changchun Branch. Each bank provides a special loan quota for share repurchase of up to 630 million yuan, with a total of no more than 1.26 billion yuan. The loan terms for both do not exceed 36 months and are intended for share repurchase purposes. Previously, the company planned to repurchase shares for 500 million to 700 million yuan at a repurchase price of no more than 246 yuan per share.
Source:Jin10 Data
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