Zhitong Finance App News, Dingtai Hi-Tech (01377) issued an announcement. Recently, the company obtained a “Loan Commitment Letter” issued by Ping An Bank Co., Ltd. Dongguan Branch, agreeing to provide a special loan amount for the company's current share repurchase. The main contents are as follows:

(1) Loan entity: Guangdong Dingtai Hi-Tech Technology Co., Ltd.;

(2) Loan bank: Ping An Bank Co., Ltd. Dongguan Branch;

(3) Loan amount: not more than the full exposure amount of RMB 90 million, and not more than 90% of the repurchase price;

(4) Loan purpose: Specially used to repurchase some RMB common stock (A shares) of the listed company Guangdong Dingtai Hi-Tech Technology Co., Ltd.;

(5) Loan term: 12 months.

The company's receipt of a special loan commitment letter for stock repurchase from a financial institution does not represent the company's commitment to the repurchase amount of the share repurchase plan. The specific amount of capital to repurchase shares, the number of shares to be repurchased, etc. are subject to the actual repurchase situation when the repurchase period expires or the repurchase of the shares is completed.

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