总市值超千亿的氧化铝生产商中国铝业4月14日公告，控股股东中铝集团取得中国工商银行北京市分行的贷款承诺函，承诺为中铝集团增持公司股份提供贷款支持，According to incomplete statistics, as of the time of writing, 34 A-share listed companies have disclosed information related to Shareholding and Trade loans this week (attached table); the Aluminum Corporation Of China has the highest special loan amount, with the loan amount not exceeding 1.8 billion yuan.
On April 19, Financial Association reported (editor Ruo Yu) that recently, the efforts to promote A-share buybacks and shareholding loans have been increasing. According to incomplete statistics from Financial Association, as of the time of writing, 34 listed companies, including Inner Mongolia BaoTou Steel Union, Xiamen Xiangyu, Guangzhou Restaurant Group, Gan Su Jiu Steel Group Hong Xing Iron & Steel Co, Ltd., Glodon, Jiangxi Lianchuang Opto-electronic Science&Technology, Sanan Optoelectronics, Xin Hongye, Huizhou Desay SV Automotive, Huagong Tech, Zhejiang Medicine, Arctech Solar Holding, Goertek Inc., Fujia Shares, Zhejiang Wansheng, Changqing Machinery, Shenzhen Senior Technology Material, Anhui Jinchun Nonwoven, Nova Galaxy, China Railway, State Investments Intelligent, Ningbo KBE Electrical Technology, Gsp Automotive Group Wenzhou, Avic Heavy Machinery, Lingyi Itech, Zhejiang Nhu, Huachangda Intelligent Equipment Group, Zhejiang China Commodities City Group, Ningbo Joyson Electronic Corp., Aluminum Corporation Of China, China National Electric Apparatus Research Institute Co., Ltd., Ling Yun Industrial Corporation, Baoji Titanium Industry, and Nanjing Baose have disclosed information related to buybacks and shareholding loans. The specific situation is shown in the figure below:
Among the listed companies that have announced buybacks or shareholding plans using special loans, Xiamen Xiangyu, Sanan Optoelectronics, China Railway, and Aluminum Corporation Of China have obtained special loans from financial institutions amounting to 1 billion yuan or more. Among them, the Aluminum Corporation Of China has the highest amount of special loans, with the loan amount not exceeding 1.8 billion yuan.
On April 14, the alumina producer Aluminum Corporation Of China, with a total market value of over 100 billion yuan, announced that its controlling shareholder, China Aluminum Group, received a loan commitment letter from the Industrial And Commercial Bank Of China Beijing Branch, promising to provide loan support for China Aluminum Group's share buyback in the company, with the loan amount not exceeding 1.8 billion yuan and a loan term not exceeding 3 years, specifically for the purpose of increasing the ownership of the company's shares in the A-share market. In addition, China Aluminum Group and its concerted parties have already increased their holdings of the company's A-shares and H-shares through their own funds via the trading systems of the Shanghai Stock Exchange and the Hong Kong Stock Exchange, with a total increase of approximately 0.4 billion yuan.
Among the listed companies that have obtained buyback loans, China Railway had the highest amount at 1.6 billion, with Xiamen Xiangyu and Sanan Optoelectronics following closely. On April 16, China Railway announced that the company recently received a loan commitment letter from the Industrial And Commercial Bank Of China Beijing Branch, committing to provide a special loan for company stock buybacks not exceeding 1.6 billion yuan and not exceeding 90% of the actual executed buyback plan, specifically for the purpose of the company to repurchase its A-shares through centralized bidding trading, with a loan term not exceeding 3 years. The company previously announced on April 10 that Chairman Chen Wenjian proposed to repurchase some of the company's A-shares through centralized bidding trading, with the total repurchase fund amounting to between 0.8 billion yuan and 1.6 billion yuan. The repurchased shares will be used to reduce registered capital and maintain company value and shareholder rights.
On April 18, Xiamen Xiangyu announced that the company recently received a loan commitment letter from the Agricultural Bank Of China Xiamen Branch, agreeing to provide loan support for the company's stock buyback, with a loan amount of 1.194 billion yuan and a loan term of three years. Previously, on April 16, the company announced its plan to repurchase no less than 0.1 billion shares and no more than 0.15 billion shares, with a repurchase price not exceeding 8.85 yuan/share, with the source of funds for the buyback being its own funds or self-raised funds, and the purpose of the buyback being to implement Stock-based Incentive.
On April 17, Sanan Optoelectronics announced that it recently received a loan commitment letter from the Industrial And Commercial Bank Of China Hubei Province Branch, committing to provide a special loan for buyback amounting to 1 billion yuan, with a term of three years, for the purpose of repurchasing the company's stocks. The company previously announced on April 9 that the Board of Directors approved the "Plan for the Company's Stock Buyback." The company plans to repurchase shares using its own funds and self-raised funds, with the total buyback amount of not less than 1 billion yuan (inclusive) and not exceeding 1.5 billion yuan (inclusive), and the buyback price not exceeding 16.00 yuan/share. The repurchased shares will be used to implement the employee stock ownership plan or Stock-based Incentive.
