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Muyuan shares: Received a loan of 2.40 billion yuan from China CITIC Bank for share repurchase

On October 20th, China CITIC Bank signed the "RMB Stock Repurchase/Holding Increase Special Project Loan Contract". China CITIC Bank will provide the company with a loan of 2.40 billion yuan for the special project of the company's share repurchase. The loan period is from October 21, 2024 to October 20, 2025, and the annualized interest rate is 2.25%. All the shares repurchased by the company will be used for the employee stock ownership plan or Equity Incentive Plan.

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2024-10-20 17:25:38