CJS(SH:600176) Shang Hai Zheng Quan Bao·2025-10-13 19:12Group 1 - The company has approved a share repurchase plan to buy back between 30 million and 40 million shares at a maximum price of 22 RMB per share, with a total repurchase amount not exceeding 88 million RMB [2] - The repurchase will be funded through the company's own funds and self-raised funds, with a duration of 12 months from the approval date [2] - The company has received a loan commitment letter from China Merchants Bank, promising a loan of up to 63 million RMB, which can cover up to 90% of the total repurchase funds [3] Group 2 - The loan from China Merchants Bank is specifically designated for the share repurchase and has a term of 3 years [3] - The receipt of the loan commitment will provide financial support for the share repurchase, but does not guarantee the total repurchase amount [4] - The company will adhere to relevant regulations and will disclose information regarding the progress of the share repurchase in a timely manner [4]