According to Zhitong Finance App News, Honghe Technology (603256.SH) announced that the company previously planned to repurchase shares for 50 million yuan to 100 million yuan. Recently, the company obtained a “Loan Commitment Letter” issued by China Merchants Bank Co., Ltd. Shanghai Branch. The loan amount: no more than 90 million yuan in full and no more than 90% of the transaction consideration. Loan term: no more than 3 years, matching the reloan period, and not exceeding regulatory requirements. Purpose of the loan: Specially used to repurchase company shares.

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