On August 18, Weihua New Materials issued an announcement stating that recently, the company obtained the “China Construction Bank Loan Pledge” issued by the Shangyu Branch of China Construction Bank Co., Ltd., with a loan commitment amount of no more than 108 million yuan. The loan period is 3 years. The loan is for stock repurchases to increase holdings, and the letter of commitment is valid for 2 years. Previously, the company held a board of directors meeting on August 12, 2026 to review and approve the repurchase plan, agreeing to use its own funds and/or self-raised funds to repurchase some A shares through centralized bidding for employee stock ownership plans or equity incentives. The total repurchase capital is not less than 80 million yuan and no more than 120 million yuan.

On August 18, Weihua New Materials issued an announcement stating that recently, the company obtained the “China Construction Bank Loan Pledge” issued by the Shangyu Branch of China Construction Bank Co., Ltd., with a loan commitment amount of no more than 108 million yuan. The loan period is 3 years. The loan is for stock repurchases to increase holdings, and the letter of commitment is valid for 2 years. Previously, the company held a board of directors meeting on August 12, 2026 to review and approve the repurchase plan, agreeing to use its own funds and/or self-raised funds to repurchase some A shares through centralized bidding for employee stock ownership plans or equity incentives. The total repurchase capital is not less than 80 million yuan and no more than 120 million yuan.