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According to Haiguang Information's announcement, the company recently obtained a “Loan Commitment Letter” issued by the Beijing branch of China CITIC Bank. The maximum loan amount is no more than 720 million yuan, with a term of 3 years, and is used exclusively to repurchase the company's shares. Previously, the company planned to use its own funds and/or self-raised funds to repurchase shares. The total repurchase capital is not less than 500 million yuan and no more than 800 million yuan. The repurchase price is not more than 318.52 yuan/share. The repurchase of shares is intended to be used for employee stock ownership plans or equity incentives.
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According to Haiguang Information's announcement, the company recently obtained a “Loan Commitment Letter” issued by the Beijing branch of China CITIC Bank. The maximum loan amount is no more than 720 million yuan, with a term of 3 years, and is used exclusively to repurchase the company's shares. Previously, the company planned to use its own funds and/or self-raised funds to repurchase shares. The total repurchase capital is not less than 500 million yuan and no more than 800 million yuan. The repurchase price is not more than 318.52 yuan/share. The repurchase of shares is intended to be used for employee stock ownership plans or equity incentives.
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