Hwaxin Environmental Co. Ltd. A

Huaxin Resources Technology Co. Ltd. provides solid waste resource utilization, treatment, and disposal services in China. Its services include dismantling electronic waste and scrapped motor vehicles, recycling waste electronic equipment, and disposing of hazardous waste. The company also handles community garbage sorting and recycling, scrapped asset recovery for enterprises and institutions, biogas development and utilization, confidential carrier destruction, and recycling of scrapped cars. In addition, it processes and performs bonded remanufacturing of used electronic products such as memory modules and hard drives. Founded in 2006, the company is headquartered in Beijing, China.

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Huaxin Technology Secures Stock Buyback Loan Commitment of Up to 100 Million Yuan from China CITIC Bank

Huaxin Technology recently obtained a loan commitment letter from the Beijing branch of China CITIC Bank, with a credit line of up to 100 million yuan, specifically for the company's stock buyback, and a loan term of no more than 36 months. Previously, the company planned to repurchase shares with an amount ranging from 60 million to 120 million yuan, to maintain corporate value and shareholder equity.

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Huaxin Technology Plans to Buy Back Shares for 60 Million to 120 Million Yuan

Huaxin Technology announced plans to buy back company shares for 60 million to 120 million yuan, to maintain company value and shareholder equity, with a buyback price not exceeding 32 yuan per share.

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