Midea Group (00300) receives a commitment from China Bank to provide up to 1 billion yuan in specialized loan funds for the repurchase of A-shares.

China Securities APP News, Midea Group (00300) announced that the company recently received a "Letter of Commitment for Loan for Stock Repurchase of Midea Group Limited" from the Shunde Branch of Bank of China Limited. Bank of China committed to providing the company with a maximum of 1 billion yuan of loan funds specifically for the company's A-share stock repurchase, with a loan term of no more than three years.