Jingke Intelligent Agriculture: Received a commitment from financial institutions to provide a special loan for stock repurchase of up to 100 million yuan.
Jing Ji Zhi Nong announced that the company has approved a share repurchase plan for 2025, intending to use 100 million to 200 million yuan of its own and/or self-raised funds to repurchase shares for equity incentives or employee stock ownership plans. Recently, the company obtained a loan commitment letter from the Shenzhen branch of Ping An Bank, committing to provide a special loan of up to 100 million yuan with a term not exceeding one year, specifically for stock repurchases. The guarantee method is joint and several liability guarantee by a wholly-owned subsidiary, valid until 2026. The specific terms of the loan are subject to the contract, do not constitute related party transactions, and have no significant impact on the company's finances.
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