The company and its board of directors ensure that the content of this announcement is true, accurate, complete, and free from false records, misleading statements, or significant omissions.
Sungrow Power Supply Co., Ltd. (hereinafter referred to as "Sungrow" or "the Company") held its 5th meeting of the 14th Board of Directors on March 31, 2026, and approved the proposal regarding issuing guarantee letters for its subsidiaries. Based on the company's 2026 overall business plan, to strengthen financial management and effectively utilize funds, the company will apply to banks for guarantees on behalf of its subsidiaries, with the total amount not exceeding RMB 11.2 billion.
Implementation Plan
-
Guarantee Amount The company (including subsidiaries) will apply for a total guarantee amount not exceeding RMB 11.2 billion.
-
Validity The approval is valid from the date of the 2025 annual general meeting until the annual general meeting in 2026.
-
Scope of Subsidiaries Currently, the subsidiaries included in this scope are as follows, and any newly established subsidiaries will also be included.