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

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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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