Today, the People's Bank of China issued an announcement to officially launch stock repurchases to increase holdings and reloans. From now on, 21 national financial institutions can issue relevant loans to eligible listed companies and major shareholders, and apply for reloans from the People's Bank of China in the first month of the next quarter. For loans that meet the requirements, the People's Bank of China will provide reloan support according to 100% of the loan principal amount. The initial reloan amount is 300 billion yuan, the interest rate is 1.75%, and the term is 1 year. It can be extended according to circumstances. The cumulative period is estimated to reach 3 years.

Today, the People's Bank of China issued an announcement to officially launch stock repurchases to increase holdings and reloans. From now on, 21 national financial institutions can issue relevant loans to eligible listed companies and major shareholders, and apply for reloans from the People's Bank of China in the first month of the next quarter. For loans that meet the requirements, the People's Bank of China will provide reloan support according to 100% of the loan principal amount. The initial reloan amount is 300 billion yuan, the interest rate is 1.75%, and the term is 1 year. It can be extended according to circumstances. The cumulative period is estimated to reach 3 years.