Changchun High-Tech Industries (000661.SZ) plans to repurchase company shares valued at 300 to 500 million yuan, and has already received a commitment for a 350 million yuan repurchase loan.

Changchun High-Tech Industries (000661.SZ) announced that the company plans to use its own funds and special loan funds from financial institutions to repurchase a portion of the company's domestically issued Renminbi ordinary shares (A shares) through centralized competitive bidding trading. The repurchased shares will be used for the implementation of the company and its subsidiaries' core team equity incentive or employee stock ownership plans. The total amount of the planned repurchase is no less than 300 million yuan, and no more than 500 million yuan, with a repurchase price not exceeding 160 yuan per share. As of the disclosure date of the announcement, the company has obtained a loan commitment letter from Ping An Bank Co., Ltd.'s Changchun Branch, agreeing to provide a special loan amount of 350 million yuan and a loan term of 1 year for the company's stock repurchase implementation.