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Sichuan Changhong secures funding for share repurchase, expands production

June 27, 2025 at 09:21 AM UTC•By FilingReader AI

Sichuan Changhong Electric (SSE:600839) has announced it has received a commitment for a special loan from China Post Savings Bank to support its previously announced share repurchase program. The maximum loan amount is CNY450 million, not exceeding 90% of the total repurchase funds, with a term of up to 36 months, which aims to boost shareholder value.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Sichuan Changhong's announcement on obtaining a special loan commitment letter from a financial institution for stock repurchaseJune 18, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement of the Resolution of the 30th Meeting of the 12th Board of Directors of Sichuan ChanghongJune 18, 2025 at 08:00 AM UTC

Sichuan Changhong Electric

SSE:600839•Shanghai Stock Exchange

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