Asymchem Laboratories (06821) obtained a commitment letter from a financial institution for a special loan for share repurchase.

Asymchem Laboratories (06821) announced that recently, the company obtained the "Loan Commitment Letters" issued by the Tianjin Branch of China Merchants Bank Co., Ltd. and the Changchun Branch of CITIC BANK Co., Ltd., with the main contents as follows: (1) Lending bank: Tianjin Branch of China Merchants Bank Co., Ltd.; 1. Loan amount: the maximum amount shall not exceed RMB630 million; 2. Loan term: not exceeding 36 months; 3. Loan purpose: for share repurchase; 4. Validity period of the commitment letter: one year from the date of issuance. (2) Lending bank: Changchun Branch of CITIC BANK Co., Ltd.; 1. Loan amount: the maximum amount shall not exceed RMB630 million; 2. Loan term: not exceeding 36 months; 3. Loan purpose: for share repurchase; 4. Validity period of the commitment letter: one year from the date of issuance.