Stock Code: 300093 Stock Abbreviation: Golden Solar Announcement No.: 2026-050
Gansu Golden Solar Co., Ltd.
Announcement Regarding Increasing the Financing Lease Quota, Providing Guarantees for Subsidiaries, and Accepting Guarantees from Related Parties and Related Transactions
Special Risk Warning:
Following this increase in the guarantee quota, the total amount of external guarantees provided by the company and its holding subsidiaries will exceed 100% of the net assets audited in the most recent period. Investors are advised to pay close attention to the guarantee risks.
Gansu Golden Solar Co., Ltd. (hereinafter referred to as the "Company") held the sixth meeting of the eighth session of the Board of Directors on June 26, 2026, and deliberated and approved the "Proposal on Increasing the Financing Lease Quota, Providing Guarantees for Subsidiaries, and Accepting Guarantees from Related Parties and Related Transactions." The quota for the Company and its subsidiaries to conduct financing lease business was increased from no more than 1 billion RMB to no more than 2.5 billion RMB. The validity period of this newly added quota is from the date of approval by the 2026 third extraordinary general meeting to the date of the 2026 annual general meeting. Within the financing lease business quota, the Company, its controlling shareholder Ouhao Group, and the actual controller, Mr. Zhang Dongliang, will provide joint liability guarantees and other asset mortgage guarantees for the aforementioned financing matters based on specific circumstances. Guarantees provided by related parties will not charge the Company any guarantee fees, nor will they require the Company to provide counter-guarantees. The Company's holding subsidiaries may also provide mutual guarantees within the aforementioned quota. This matter still needs to be submitted to the Company's 2026 third extraordinary general meeting for deliberation. The relevant matters are announced as follows:
I. Overview of Financing and Guarantee Applications
(I) Previous Approved Borrowing Financing Quota, Comprehensive Credit Quota, Financing Lease Business, and Guarantees for Subsidiaries and Related Parties
On January 16, 2026, the Company held the sixty-second meeting of the seventh session of the Board of Directors, which deliberated and approved the "Proposal on Applying for Borrowing Financing Quota, Comprehensive Credit Quota, Conducting Financing Lease Business, and Providing Guarantees for Subsidiaries and Accepting Guarantees from Related Parties and Related Transactions," which was approved by the 2026 first extraordinary general meeting. To meet the capital needs for the Company's daily operations and business development, the Company and its subsidiaries planned to apply for borrowings of no more than 1 billion RMB from external institutions, a comprehensive credit quota of no more than 1 billion RMB from banks, and conduct financing lease business of no more than 1 billion RMB. The validity period of the aforementioned quota is from the date of approval by the 2026 first extraordinary general meeting to the date of the 2026 annual general meeting. To facilitate the implementation of the Company's financing matters, the Board of Directors requested the general meeting to authorize the Company's management to represent the Company in handling the aforementioned borrowing and credit quota applications and financing lease matters, and to sign corresponding legal documents. Within the borrowing quota, comprehensive credit quota, and financing lease business quota, the Company, its controlling shareholder Ouhao Group, and the actual controller, Mr. Zhang Dongliang, will provide joint liability guarantees and other asset mortgage guarantees for the aforementioned borrowing matters based on specific circumstances. Guarantees provided by related parties will not charge the Company any guarantee fees, nor will they require the Company to provide counter-guarantees. For specific details, please refer to the "Announcement Regarding Applying for Borrowing Financing Quota, Comprehensive Credit Quota, Conducting Financing Lease Business, and Providing Guarantees for Subsidiaries and Accepting Guarantees from Related Parties and Related Transactions" (Announcement No.: 2026-004) disclosed by the Company on the Juchao Information Website (http://www.cninfo.com.cn) on January 28, 2026.