Jin Kai Xineng: Obtain a letter of commitment for stock repurchase loans not exceeding 540 million yuan.
Jinkai Energy announced on February 11th that the company has recently obtained a "Loan Commitment Letter" from the Beijing branch of Shanghai Pudong Development Bank Limited, committing to provide a stock repurchase loan of up to RMB 540 million. The loan has a term of 36 months and is specifically for repurchasing the company's shares. This loan commitment letter can provide financing support for the company's share repurchase, but it does not mean that the company is committed to a specific amount of repurchase. The actual amount and quantity of repurchase will depend on the situation at the end of the repurchase period.
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