Wuhua New Materials: Obtained special financing support for stock repurchase from financial institutions not exceeding 108 million yuan.
On August 18, Weihua New Materials announced that the company recently obtained a "Loan Commitment Letter" issued by the Xianghu Branch of China Construction Bank Co., Ltd. The loan commitment amount is no more than 108 million yuan, with a loan term of 3 years, and the loan is intended for stock repurchase and increasing shareholding. The validity period of the commitment letter is 2 years. Prior to this, on August 12, 2026, the company convened a board meeting to review and approve the repurchase plan, agreeing to use its own funds and/or self-raised funds to repurchase some A-shares through centralized bidding, for the purposes of the employee stock ownership plan or equity incentives, with a total repurchase amount not less than 80 million yuan and not exceeding 120 million yuan.
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