GuShiio.com ① The A-share market stock repurchase and refinancing plan is steadily advancing. According to incomplete statistics from the Financial Information Association, 11 A-share listed companies announced this week to disclose the relevant situation of repurchase and refinancing (attached table);
② Youngor received the highest amount of special loan funds, with an amount of 700 million yuan.
Cailian News, February 16 (Editor Li Chen)The A-share market stock repurchase and refinancing plan is steadily advancing. Recently, a number of companies have launched repurchase or increased holdings operations. According to incomplete statistics from the Financial Union, as of press time, this week (February 10-February 16), 11 listed companies including Longli Technology, Southern Glass A, Shandong Fiberglass, Sanbaishuo, Yinxintang, Aoxiang Pharmaceutical, Zhiou Technology, Huayou Cobalt, Lege, Youngor and Lijiang disclosed the situation of repurchase, increase and refinancing. The details are as follows:
Among the listed companies that announced the above use special loans to increase their holdings or repurchase their shares,Youngor’s controlling shareholders and concerted actors received the highest amount of special loan funds, with an amount of 700 million yuan。
Youngor announced on February 10 that the controlling shareholder Ningbo Youngor Holdings Co., Ltd. and those acting in concert plan to increase their shares in the company through centralized bidding transactions through the trading system of the Shanghai Stock Exchange, with the number of shares increased to no less than 46.2344 million shares, no more than 92.4688 million shares, and the shareholding ratio will not exceed 2% of the total share capital. Recently, Ningbo City Branch of Agricultural Bank of China Co., Ltd. issued a “Loan Commitment Letter” to Youngor Holdings.Agreed to provide special loan support for Youngor Holdings to increase its stake in A shares of the company, with a loan amount of RMB 700 million and a loan term of 3 years。
In addition, many listed companies such as Huayou Cobalt, CSG A, and Yixintang have also disclosed this week that they have received financial support from repurchase and shareholding loans.
Huayou Cobalt announced on February 13 that the company’s controlling shareholder Huayou Holding Group Co., Ltd.(referred to as “Huayou Holdings”) plans to increase its stake in the company’s A shares through a centralized bidding transaction, with a total increase of no less than 300 million yuan., no more than 600 million yuan. According to the announcement, the funding sources for Huayou Holdings ‘increase in this increase are its own funds and special loan funds provided by China Construction Bank Tongxiang Branch (hereinafter referred to as “CCB Tongxiang Branch”). Currently,CCB Tongxiang Branch has agreed to provide Huayou Holdings with a loan of 540 million yuan to increase its holdings, with a loan term of three years。
CSG A announced on February 13 that the company plans to use its own funds and self-raised funds to repurchase some A shares and B shares. The total amount of A-share funds used for repurchase shall not be less than 243 million yuan and shall not exceed 485 million yuan. The source of funds for this repurchase of A shares is the company’s own funds and self-raised funds. Among them, the company has obtained the “Loan Commitment Letter” issued by Industrial Bank Co., Ltd. Shenzhen Branch,Agreed to provide stock repurchase loan support to the company, with a loan amount not exceeding RMB 437 million.
Yinxintang announced on February 11 that the company plans to repurchase shares for 80 million yuan to 150 million yuan, which is necessary to safeguard the company’s value and shareholders ‘rights and interests. The repurchase price shall not exceed 19.02 yuan/share. The sources of repurchase funds are the company’s own funds and special loan funds for stock repurchase. The company has obtained the Loan Commitment Letter issued by Kunming Branch of Shanghai Pudong Development Bank Co., Ltd.,Kunming Branch of Shanghai Pudong Development Bank Co., Ltd. promises to provide the company with a special loan of 135 million yuan for stock repurchaseThe loan term is three years.
