Zhejiang Yueling (002725.SZ) obtains a letter of commitment for a special loan of no more than 27 million yuan for stock repurchase.
Yueling Co., Ltd. (002725.SZ) issued an announcement that the company recently obtained a document from the Zhejiang Branch of Industrial and Commercial Bank of China...
Zhejiang Yueling (002725.SZ) announced that recently it has obtained a "Commitment Letter for Special Stock Repurchase Loan" from the Zhejiang branch of the Industrial and Commercial Bank of China. The main contents are as follows: 1. Lending Bank: Industrial and Commercial Bank of China, Zhejiang branch. 2. Loan Amount: Not exceeding RMB 27 million, which is 90% of the total repurchase amount limit. 3. Loan Term: 3 years. 4. Loan Purpose: Used for the company's repurchase of A-share stocks.
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