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Guangdong Lutong New Energy Opens Share Buyback Account, Secures RMB 45M Loan for Repurchases

From:Internet Info Agency 2026-08-04 04:35:03

On August 3, 2026, Guangdong Lutong New Energy Electric Vehicle Technology Co., Ltd. announced the opening of a new dedicated securities account for its after-hours share repurchase program. The account, established with China Securities Depository and Clearing Corporation Limited’s Shenzhen Branch, is exclusively designated for implementing the company's third share repurchase plan. The company has secured a special loan facility of up to RMB 45 million from Dongguan Branch of China CITIC Bank to support this repurchase, with the repurchase amount ranging between RMB 30 million and RMB 50 million.

Editor:NewsAssistant