Lianhua Holdings: Received a commitment letter from CITIC Bank for a repurchase loan of no more than 90 million yuan.

Lianhua Holdings announced that the company recently held a board meeting and approved a proposal to repurchase shares through centralized bidding at an amount between 50 million and 100 million yuan, for the purpose of employee stock ownership or equity incentive plans, with a duration of 12 months. Recently, the company received a "Loan Commitment Letter" from the Zhengzhou Branch of CITIC Bank, promising a loan amount not exceeding 90 million yuan, with a term of 3 years, specifically for the repurchase of the company's stock, and the commitment letter is valid for 1 year. This loan provides financing support for the repurchase, and the specifics will be determined by the loan contract and the results of the repurchase implementation.