Yonghe Shares Receives Commitment Letter from ICBC for Special Stock Buyback Loan of Up to 270 Million Yuan

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Yonghe Shares has obtained a commitment letter for a special stock buyback loan from the Quzhou branch of Industrial and Commercial Bank of China. The loan amount is up to 270 million yuan, with a term of three years, specifically for repurchasing company shares. Previously, the company planned to buy back shares with an amount ranging from 150 million to 300 million yuan, for cancellation, capital reduction, and employee stock ownership plans.

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