Changshu Fengfan Power Equipment announced that the company has received a "Loan Commitment Letter" issued by the Changshu Branch of the Agricultural Bank of China, promising to provide a special loan amount of 0.25 billion yuan for share buybacks. The specific loan usage amount is subject to the actual repurchase funds. The loan has a term of one year, and the loan is only for repurchasing shares of listed companies, with the guarantee method being a credit method. The commitment letter takes effect from the date of issue and is valid for one year. The obtaining of this loan commitment letter can provide specific financing support for the company's share buyback programs.