On April 16, Goertek announced that the company considered and approved the repurchase plan on April 10, 2025, and planned to repurchase 500 million to 1 billion yuan for the employee stock ownership plan or Equity Incentive Plan. On April 16, the company obtained a loan commitment of 860 million yuan from China Construction Bank Weifang Branch for the repurchase of the company's shares. The term is 36 months, and the commitment is valid for two years or until the effective date of the loan contract. The loan complies with relevant policy requirements and does not represent the company's commitment to the repurchase amount. The total amount of specific repurchase funds is subject to the total amount of funds actually used at the expiration of the repurchase period.
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