Aide Biotechnology: Announcement on Obtaining a Commitment Letter for Special Loans for Stock Repurchases from Financial Institutions
Securities code: 300685 Securities abbreviation: Aide Biotechnology Announcement number: 2025-057
Xiamen Aide Biomedical Technology Co., Ltd.
Announcement on Obtaining a Commitment Letter for Special Loans for Stock Repurchases from Financial Institutions
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete, and contains no false records, misleading statements or major omissions.
Xiamen Aide Biomedical Technology Co., Ltd. (hereinafter referred to as the "Company" or "Aide Bio") held the ninth meeting of the fourth board of directors and the seventh meeting of the fourth board of supervisors on October 24, 2025, and reviewed and approved the "Proposal on Repurchasing the Company's Shares through Centralized Bidding Transactions". The company uses its own funds and/or self-raised funds to conduct centralized bidding. The repurchase of shares at a reasonable price is used to cancel and reduce the company's registered capital; the total repurchase funds shall be no less than RMB 100 million and no more than RMB 200 million. The specific repurchase fund amount shall be based on the actual repurchase amount when the repurchase is completed; the implementation period of the repurchase of shares shall be within 12 months from the date when the company's shareholders meeting considers and approves the repurchase plan. This proposal has been reviewed and approved by the company's first extraordinary shareholders' meeting in 2025. For details, please refer to the company's "Announcement on the Plan to Repurchase the Company's Shares" published on cninfo.com on October 25, 2025.
1. Obtaining a special loan commitment letter for stock repurchase from a financial institution
Recently, the company obtained the "Loan Commitment Letter" issued by Xiamen Branch of Industrial Bank Co., Ltd. The main contents are as follows:
Loan bank: Xiamen Branch of Industrial Bank Co., Ltd.
Loan amount: no more than RMB 100 million
Loan period: no more than 36 months
Purpose of borrowing: specifically used to repurchase company shares
Guarantee conditions: Credit guarantee-free
Validity period of the commitment letter: Valid until November 10, 2026.
The specific loan related matters for this stock repurchase shall be subject to the stock repurchase loan contract formally signed by both parties.
2. Impact on the company
The total amount of the company's actual special loan for repurchase and the amount of its own funds used for repurchase shall not exceed the upper limit of the amount of shares repurchased. Specific loan matters shall be subject to the loan contract signed by both parties. The special loan limit for stock repurchase does not represent the company's commitment to the repurchase amount. The specific repurchase fund amount shall be based on the actual repurchase amount when the repurchase is completed.
The above-mentioned matters are in active response to the state's support policy for listed companies to repurchase shares and further improve the efficiency of the company's use of funds. They do not constitute related transactions and will not have a significant impact on the company's operations and performance. The company will make repurchase decisions based on market conditions during the repurchase period and implement them, and will perform its information disclosure obligations in a timely manner based on the progress of the share repurchase matter.
3. Documents for reference
"Loan Commitment Letter".
Announcement is hereby made.
Board of Directors of Xiamen Aide Biomedical Technology Co., Ltd.
November 11, 2025