China Research Co., Ltd. announced that on July 30, 2026, the company passed a plan to repurchase shares through centralized bidding transactions. The repurchase capital is not less than 50 million yuan, no more than 100 million yuan, and the repurchase period is 3 months. Recently, the company obtained a “Loan Commitment Letter” issued by the Changchun branch of Industrial Bank, promising a loan amount not to exceed 90 million yuan and a period of not more than 3 years to buy back the company's shares. The specific loan is subject to the formal contract. The approved amount does not represent a promise of the repurchase amount, and the company will fulfill its disclosure obligations in accordance with the regulations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.