MaxOne Semiconductor (688809.SH) Obtains Commitment Letter for Special Loan from Financial Institution for Share Repurchase
MaxOne Semiconductor (688809.SH) announced that the company previously planned to repurchase its shares for an amount between RMB50 million and RMB100 million. Recently, the company obtained a Loan Commitment Letter issued by China CITIC Bank Corporation Limited Suzhou Branch, with the loan amount: not exceeding RMB90 million; loan term: not exceeding 3 years; validity period of the commitment letter: 1 year from the date of issuance; purpose of the loan: exclusively for repurchasing the company's shares.
MaxOne Semiconductor (688809.SH) announced that the company previously planned to repurchase its shares for an amount between RMB50 million and RMB100 million. Recently, the company obtained a Loan Commitment Letter issued by the Suzhou Branch of CITIC Bank Corporation Limited. Loan amount: up to RMB90 million; loan term: no more than 3 years; validity period of the commitment letter: 1 year from the date of issuance; purpose of the loan: exclusively for repurchasing the company's shares.
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