BSGCO(SZ:000959) Xin Lang Zheng Quan·2025-10-22 11:47Core Viewpoint - Beijing Shougang Co., Ltd. has adjusted its share repurchase plan to include a special loan from a financial institution, ensuring orderly execution and optimizing capital structure while maintaining other core terms of the plan unchanged [1][3][5] Summary by Sections Original Repurchase Plan Overview - The original plan involved repurchasing 40 million to 80 million shares, accounting for 0.52% to 1.03% of the total share capital, with a budget of approximately 260 million to 520 million RMB, at a maximum price of 6.50 RMB per share [2] Key Adjustments - The adjustment changes the funding source from solely self-owned funds to include self-owned funds and a special stock repurchase loan, aimed at leveraging favorable loan policies and ensuring investor rights [3][5] Special Loan Details - The company secured a loan commitment from the Beijing branch of the Industrial and Commercial Bank of China for up to 468 million RMB, which can cover up to 90% of the total repurchase funds, with a maximum term of three years [4] Impact of Adjustments - The adjustments comply with relevant laws and regulations and are not expected to adversely affect the company's debt servicing ability, ongoing operations, or shareholder rights [5]