Shilong Industrial: Obtains Commitment Letter for RMB 54 Million Special Loan for Stock Repurchase

Shilong Industrial announced on September 15 that the company recently obtained a "Loan Commitment Letter" issued by China Merchants Bank Jingdezhen Branch, with a loan amount not exceeding 54 million yuan and a term not exceeding 36 months, specifically for repurchasing company stock. Previously, the company planned to repurchase shares using its own funds and/or self-raised funds, with the total repurchase amount not less than 30 million yuan and not exceeding 60 million yuan, and the repurchase price not exceeding 16 yuan per share.