Weifu High-Technology: Received the stock repurchase loan commitment letter from the Wuxi Branch of Industrial Bank.
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Weifu High-Technology Announcement: The company recently received a "Commitment Letter" issued by Industrial Bank Co., Ltd. Wuxi Branch, with the main content being a loan commitment amount not exceeding RMB 135 million, a loan term not exceeding 36 months, specifically for repurchasing company stocks. The stock repurchase plan was approved at the 11th Board of Directors' 6th Meeting on April 16, 2025 and the Annual Shareholders' Meeting in 2024. The total repurchase funds will not be less than RMB 100 million and not more than RMB 150 million, with a repurchase price not exceeding RMB 35 per share. The repurchase period will be within 12 months from the approval date of the stock repurchase plan at the Annual Shareholders' Meeting in 2024.
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