Zhejiang Medicine (600216.SH) obtained a commitment letter for a stock repurchase loan from a financial institution.

date
16/04/2025
avatar
GMT Eight
Zhejiang Medicine (600216.SH) issued an announcement recently stating that the company has obtained a "Loan Commitment Letter" from the Shaoxing Xinchang Branch of CITIC Bank Limited, with the following main contents: 1. Commitment to loan amount: not exceeding RMB 180 million, 2. Loan term: not exceeding 36 months, 3. Loan purpose: specifically for repurchasing company stocks.

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