IAT Automobile Technology (300825.SZ) received stock repurchase loan support of no more than 56 million yuan.

IAT Automobile Technology (300825.SZ) announced that recently the company obtained a "loan commitment letter" from Ping An Bank Co., Ltd. Beijing Branch, for a loan amount of no more than RMB 56 million, with a loan term not exceeding 1 year, specifically used for repurchasing company stocks.