CNNC Hua Yuan Titanium Dioxide (002145.SZ) plans to repurchase shares worth 300 million to 500 million yuan.

CNNC Hua Yuan Titanium Dioxide (002145.SZ) announced that the company plans to repurchase shares worth 300 million to 500 million yuan, with a repurchase price not exceeding 6 yuan per share. The funds will be used for employee stock ownership plans or equity incentives. The source of funds will be the company's own funds and self-raised funds. The company has obtained a "Loan Commitment Letter" issued by the Lanzhou Branch of Industrial Bank Co., Ltd., agreeing to provide a special loan support for stock repurchase of up to 180 million yuan, with a loan term not exceeding three years.