Zhejiang Kingland Pipeline And Technologies announced that the company received a 'Loan Commitment Letter' issued by the Huzhou Branch of Bank Of China, specifically for the company's Share Buyback. The maximum loan amount is no more than 0.144 billion yuan, with a loan term of no more than 36 months, and the loan purpose is specifically for repurchasing shares of the listed company. The company's current Share Buyback special loan business meets relevant requirements and complies with the lending policies, standards, and procedures established by the bank in accordance with relevant regulations.