TGOOD Receives up to RMB 540 Million ICBC Qingdao Loan Commitment for Share Buyback
TGOOD announced on August 7, 2026 that it has obtained a Loan Commitment Letter from the Qingdao Branch of Industrial and Commercial Bank of China. The facility provides for a loan of up to RMB 540 million with a term not exceeding three years, with proceeds earmarked exclusively for repurchasing the company's shares.
TGOOD Co. , Ltd. announced on August 7, 2026 that it has recently received a Loan Commitment Letter issued by the Qingdao Branch of Industrial and Commercial Bank of China Limited. According to the commitment letter, the loan amount shall not exceed RMB 540 million, with a term of no more than three years. The funds are designated exclusively for the repurchase of the company's shares.