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Pianzaihuang: The controlling shareholder obtains a dedicated "Loan Commitment Letter" for an increase of no more than 450 million yuan
Pianzaihuang Announcement: The Zhangzhou Branch of Industrial and Commercial Bank of China has issued a “Loan Commitment Letter” to the company’s controlling shareholder, Jiulong River Group, agreeing to provide a special loan support for the increase in Pianzaihuang shares, with a loan amount not exceeding 450 million yuan and a loan term of three years. Aside from the aforementioned loan, the remaining funds for Jiulong River Group’s share increase in Pianzaihuang are self-funded. This share increase plan may carry risks such as failure to meet expectations due to changes in the capital market.