China National Nuclear Power secures CNY 450m repurchase loan

China National Nuclear Power (SSE:601985) announced it has received a commitment letter from Bank of China's Beijing Haidian branch for a loan of up to CNY 450 million. This loan will be specifically used to finance the company's ongoing share repurchase program, which was approved on April 27, 2025. The repurchase program aims to buy back shares for future equity incentives, with a total budget ranging from CNY 300 million to CNY 500 million at a price not exceeding CNY 13.98 per share. The loan term will not exceed three years. The company cautions that the loan commitment does not guarantee the amount of shares repurchased and reminds investors to pay attention to investment risks.