001289SZSE
🚨 Material Event

Longyuan Power Announcement on Guarantee for Wholly-Owned Subsidiary's Medium- and Long-Term Debt Financing

✨ AI Summary

Longyuan Power will provide an equivalent RMB 6 billion guarantee for its wholly-owned subsidiary, Xiong Ya Investment, to secure medium- and long-term debt financing. This aims to support Xiong Ya's overseas business development, optimize its debt structure, and achieve optimal financing costs. The matter requires shareholder approval due to Xiong Ya's high asset-liability ratio.

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Full Translation

AI Translation· gemini_document

Securities Code: 001289

Securities Abbreviation: Longyuan Power

Announcement No.: 2026-035

Longyuan Power Group Co., Ltd.

Announcement on Guarantee for Wholly-Owned Subsidiary's Medium- and Long-Term Debt Financing

The Company and all members of its Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or material omissions.

Risk Warning

As of December 31, 2025, Xiong Ya Investment Co., Ltd. (hereinafter referred to as "Xiong Ya Company") had an asset-liability ratio of 80.93%. This guarantee matter requires approval from the Company's shareholders' meeting. Investors are kindly requested to pay attention to related risks.

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