Securities Code: 002218 Securities Abbreviation: Topray Solar Announcement No.: 2026-041
Shenzhen Topray Solar Co., Ltd.
Announcement on Providing Guarantees for Wholly-Owned Subsidiary
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.
I. Overview of Guarantee Situation
Shaanxi Topray Solar Technology Co., Ltd. (hereinafter referred to as "Shaanxi Topray"), a wholly-owned subsidiary of Shenzhen Topray Solar Co., Ltd. (hereinafter referred to as the "Company" or "Topray Solar"), plans to carry out two financing businesses for its operational development. The Company will provide joint liability guarantees for these businesses. Specifically, Shaanxi Topray plans to apply for credit facilities from the渭南 Branch of Bank of Communications Co., Ltd. (hereinafter referred to as "Bank of Communications Weinan Branch"), and the Company will provide a maximum principal amount guarantee of RMB 60 million for this credit facility. Additionally, Shaanxi Topray plans to apply for a RMB 29 million working capital loan from Cheng County Rural Credit Cooperative Union (hereinafter referred to as "Cheng County Credit Union"), and the Company will provide a joint liability guarantee for this loan.
The Company held the Ninth Meeting of the Seventh Board of Directors on August 7, 2026, and all attending directors unanimously approved the "Proposal on Providing Guarantees for Wholly-Owned Subsidiary." According to the "Shenzhen Stock Exchange Stock Listing Rules" and the "Articles of Association," this guarantee does not require shareholder approval.
Bank of Communications Weinan Branch and Cheng County Credit Union have no relationship with Topray Solar and Shaanxi Topray.