Luoyang Molybdenum (603993.SH) Obtains Commitment Letter for Special Loan for Stock Repurchase from Financial Institution

Zhitong Finance APP News, China Molybdenum (603993.SH) announced that the company previously planned to repurchase shares for RMB 1 billion to RMB 2 billion. Recently, the company obtained a "Loan Commitment Letter" issued by China Merchants Bank Co., Ltd. Shanghai Branch. Loan amount: up to no more than RMB 1.8 billion; loan term: 36 months; loan purpose: specifically for repurchasing the company's A-shares.