Hill Eagle International: Signed a 200 million yuan special loan contract with ICBC to support repurchase

On October 20, Jinshi data, Shan Ying International announced that the company has adjusted the share repurchase plan, increasing the total amount of repurchase funds from 700 million yuan to 1.2 billion yuan. The maximum repurchase price is adjusted from 1.69 yuan/share to 2.34 yuan/share. As of October 18, 2024, the company has repurchased approximately 218 million shares, accounting for 4.32% of the total share capital, with a total amount of approximately 332 million yuan. To support the repurchase, the company has signed a special loan contract of 200 million yuan with ICBC, with a loan term of 12 months. The company will continue to repurchase and fulfill the disclosure obligations in accordance with relevant regulations.

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