lolo(SZ:000848) Zheng Quan Zhi Xing·2025-06-12 09:16Core Viewpoint - The company has signed a new stock repurchase loan agreement with China Construction Bank, increasing the loan amount and extending the loan term to support its stock repurchase plan [1][2]. Group 1: Stock Repurchase Loan Agreement - The company initially secured a stock repurchase loan of 490 million yuan with a 12-month term, which has now been increased to 616.6 million yuan with a new 36-month term [2]. - The company has already utilized 26.6 million yuan of the loan, leaving a remaining loan amount of 590 million yuan [2]. Group 2: Stock Repurchase Plan - The company plans to repurchase between 30 million and 60 million shares at a price not exceeding 11.75 yuan per share, with a total repurchase budget of up to 705 million yuan [2]. - The repurchase period is set for 12 months from the approval date at the third extraordinary general meeting held on October 24, 2024 [2]. Group 3: Progress and Impact - As of May 31, 2025, the company has repurchased 3 million shares, representing 0.29% of its total share capital, with a total transaction amount reflecting a range of prices [3]. - The signing of the stock repurchase loan contract does not guarantee the total repurchase amount, as the actual number of shares repurchased will be determined at the end of the repurchase period [3][4].