Aodong Pharmaceutical Gets Agricultural Bank of China's Assurance to Receive the 420 Million Yuan Loan

MT Newswires Live

2024-11-13

Agricultural Bank of China (SHA:601288, HKG:1288) committed to provide Jilin Aodong Pharmaceutical Group (SHE:000623) the 420 million yuan loan it applied, the pharmaceutical company said in a Shenzhen bourse filing on Wednesday.

Aodong Pharma will use the loan to fund its share buyback plan.

The loan, which is valid for one year, will have a 2.25% interest rate, according to the filing.

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