DELTON (01989.HK): China Guangfa Bank Offers Buy-back Loan of Up to RMB360m

NewTimeSpace News: On 11 November 2026, Delton Technology (Guangzhou) Inc. (stock code: 1989) published an overseas regulatory announcement reproducing its announcement on the Shenzhen Stock Exchange website concerning a commitment letter for a bank loan dedicated to its share buy-back.

The Company recently obtained a loan commitment letter from the Guangzhou branch of China Guangfa Bank Co., Ltd. for a facility of up to RMB360 million, with a term of up to 36 months, to be used specifically for repurchasing its shares; the final rights and obligations will be governed by the loan agreement to be signed with the bank.

On 9 November 2026, the board approved at the seventh meeting of the third board the proposal for the Company's second 2026 buy-back of A shares by way of centralised competitive bidding, and the related announcement was published on CNINFO on 10 November 2026. The Company said the buy-back loan complies with the notice on establishing relending for share buy-backs and increases issued by the People's Bank of China, the National Financial Regulatory Administration and the China Securities Regulatory Commission. The commitment letter is not a commitment to any buy-back amount, and the final amount and number of shares will depend on actual repurchases by the end of the buy-back period.