FilingReader Intelligence
Jiu Steel Hongxing secures CNY 180m loan for buyback
April 16, 2025 at 05:04 AM UTC•By FilingReader AI
Gansu Jiu Steel Group Hongxing Iron & Steel (SSE:600307) announced that it has received a loan commitment letter from the Lanzhou branch of Industrial Bank Co., Ltd. (兴业银行). The commitment secures a special loan of up to CNY 180 million specifically for the purpose of repurchasing the company's own shares (stock code 600307). The loan term will not exceed three years.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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