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IAT Automobile Technology (300825.SZ): Obtained a commitment letter for a Share Buyback loan from Financial Institutions.
On January 9, Gelonghui reported that IAT Automobile Technology (300825.SZ) announced that the company recently obtained a "Loan Commitment Letter" from the Peking branch of Ping An Bank. The main contents are as follows: 1. Loan amount: not exceeding 56 million yuan; 2. Loan term: not exceeding 1 year; 3. Loan purpose: specifically used for the Share Buyback of the company's stock. The loan amount for the Share Buyback and the amount already repurchased will not exceed the upper limit of this Share Buyback plan, and the specific Business complies with the requirements of the "Notice from the People's Bank of China, the Financial Regulatory Bureau, and the China Securities Regulatory Commission regarding the establishment of stock repurchase Shareholding and relending matters" and.
Is IAT Automobile Technology (SZSE:300825) Weighed On By Its Debt Load?
IAT Automobile Technology Signs 470 Million Yuan Production Procurement Contract
IAT Automobile Technology (300825.SZ): The company's reducer products have not yet been applied in the Siasun Robot&Automation field.
On December 31, Gelonghui reported that IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that the reducer is the company's first mass-produced core component, featuring a compact structure, low noise, high transmission efficiency, low cost, and a wide range of applications, mainly used in pure electric Autos. The company will closely monitor the development trends of Siasun Robot&Automation and study the integration and application of robots with the company's Business. Currently, related research and planning are still in the initial stages, and the company's reducer products have not yet been applied in the field of robotics.
IAT Automobile Technology (300825.SZ): The holding subsidiary currently has a production capacity of 0.3 million core components per year.
On December 31, Gelonghui reported that IAT Automobile Technology (300825.SZ) stated on the investor interaction platform that its holding subsidiary SiChuan IAT Automobile Technology New Energy is mainly engaged in the research, development, production, and sales of core components for Autos, such as electromagnetic DHT, electromagnetic clutch modules, reducers, range extenders, and all-in-one powertrains. The current production capacity is 0.3 million core components per year.
IAT Automobile Technology (300825.SZ): Signed a procurement contract for mass production of AIM EVM totaling approximately 0.47 billion yuan.
On December 30, Gelonghui reported that IAT Automobile Technology (300825.SZ) announced that recently, IAT Automobile Technology Co., Ltd. and its holding subsidiary Shanghai IAT Lingrui Automobile Technology Co., Ltd. (referred to as "Shanghai Lingrui") signed the "AIM EVM Mass Procurement Contract" with AIM Corporation (referred to as "AIM") based on friendly cooperation. AIM entrusted the company and Shanghai Lingrui to jointly undertake the organization of AIMEVM's complete vehicle production and manufacturing, with the total contract amount calculated based on the total order quantity of approximately 0.47 billion yuan.
Returns On Capital At IAT Automobile Technology (SZSE:300825) Paint A Concerning Picture
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