Hunan Haili: Obtain specialized loan support for stock buyback from financial institutions not exceeding 200 million yuan.
Hunan Haili announced on the evening of June 19th that the company recently obtained a "Special Loan Commitment Letter for Stock Repurchase of Hunan Haili Chemical Co., Ltd." from the Changsha Tianxin Branch of Agricultural Bank of China. The commitment promises a maximum loan amount of 200 million yuan, with the loan amount not exceeding 90% of the actual repurchase funds used. The loan term shall not exceed 3 years.
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