Tiantong Co., Ltd (600330.SH) obtained a letter of commitment for a repurchase loan of no more than 45 million yuan.
Zhixin Financial News App, Tian Tong Stock (600330.SH) announced that recently, the company has obtained a "Loan Commitment Letter" issued by China CITIC Bank Co., Ltd. Jiaxing Branch ("CITIC Bank"). The main contents are as follows: 1. Commitment Loan amount: not exceeding RMB 45 million. 2. Loan term: 36 months. 3. Loan purpose: special loan for repurchasing company stocks. 4. The loan commitment letter takes effect from the date of issuance by CITIC Bank and is valid for 1 year.
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