According to the Zhitong Finance App, Chunqiu Electronics (603890.SH) announced that the company previously planned to repurchase shares for 40 million yuan to 80 million yuan. Recently, the company received a “Loan Commitment Letter” issued by the Kunshan Branch of Industrial and Commercial Bank of China Co., Ltd. Loan amount: no more than RMB 72 million; loan period: 3 years; loan purpose: Specially used to repurchase the company's shares.

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