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山鹰国际再度获批“回购贷”

Core Viewpoint - The company, Shanying International Holdings Co., Ltd., has announced a share repurchase plan, reflecting confidence in its future development and intrinsic value, while aiming to protect shareholder interests and mitigate share dilution from convertible bonds [2][3]. Summary by Relevant Sections Share Repurchase Plan - The company has received a loan commitment of up to 300 million yuan from the Bank of China Anhui Branch for share repurchase, with a loan term of 36 months [2]. - The board approved a share repurchase plan with a total fund of no less than 500 million yuan and no more than 1 billion yuan, at a maximum price of 2.50 yuan per share, within a 6-month period [2][3]. - The estimated number of shares to be repurchased ranges from 200 million to 400 million, representing approximately 3.66% to 7.31% of the total share capital [3]. Financial Performance Context - The company reported a revenue of 29.229 billion yuan, a slight decrease of 0.35% year-on-year, and a net loss of 451 million yuan [3]. - The share repurchase is seen as a positive signal in the context of the company's challenging operational environment [3][4]. Industry Outlook - The paper industry faces challenges such as raw material price fluctuations and changing market demand [4]. - The share repurchase is expected to enhance the company's competitiveness in the industry and attract long-term investors, providing stable funding for future development [4].