According to the Zhitong Finance App, Rongchang Biotech (688331.SH) announced that the company previously planned to repurchase shares for 30 million yuan to 60 million yuan. Recently, the company obtained a “Loan Commitment Letter” issued by the Yantai Branch of Shanghai Pudong Development Bank Co., Ltd. Loan amount: no more than 54 million yuan and no more than 90% of the actual repurchase amount. Loan period: no more than 3 years. Loan purpose: Specially used to repurchase the company's shares.

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