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Huatai United Securities Co., Ltd
About Trina Solar Co., Ltd
Verification opinion on the application for comprehensive financing quota and provision of guarantee in 2025
Huatai United Securities Co., Ltd. (hereinafter referred to as "Huatai United Securities" or the "Sponsor"), as the sponsor of Trina Solar Co., Ltd. (hereinafter referred to as "Trina Solar" or the "Company") under the continuous supervision, in accordance with the Administrative Measures for the Sponsorship Business of Securities Issuance and Listing, the Rules for the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange, and the Self-Regulatory Guidelines for Listed Companies on the Science and Technology Innovation Board of the Shanghai Stock Exchange No. 1 - Standardized Operation, etc., in 2025 The annual application for comprehensive financing quota and the provision of guarantees have been carefully and prudently verified, and the following opinions are expressed:
1. Overview of the guarantee
(1) An overview of the situation
In order to meet the needs of the Company's production and operation and working capital turnover, and on the premise of ensuring standardized operation and controllable risks, the Company and its subsidiaries intend to apply for a total credit limit of no more than RMB140 billion (or equivalent in foreign currency) from banks, insurance companies, financial leasing companies and other financial institutions, and the maximum amount of mutual guarantee provided by the Company and its subsidiaries within the scope of the consolidated statements shall not exceed RMB116.5 billion (or equivalent in foreign currency). The actual guarantee amount is subject to the final signed and executed guarantee contract or the approval of the financial institution. The board of directors of the company proposes to the general meeting of shareholders to authorize the company's legal representative to sign and seal or the person in charge of finance and its authorized person to handle specific matters of financing and guarantee within the scope of the total credit limit and the upper limit of guarantee according to the needs of the company's actual business situation. Specific matters such as the guarantee method and guarantee period shall be subject to the guarantee agreement signed between the company and banks and other financial institutions.
(2) Examination and approval procedures
The company held the 16th meeting of the third board of directors and the third board of supervisors on December 13, 2024
At the tenth meeting, the "Proposal on the Company's Application for Comprehensive Financing Quota and Provision of Guarantee in 2025" was deliberated and approved. In accordance with the Rules Governing the Listing of Stocks on the Science and Technology Innovation Board of the Shanghai Stock Exchange, the Articles of Association and other relevant provisions, this matter is subject to the deliberation of the general meeting of shareholders of the Company, and the validity period of the above application quota and authorization is from 2025
January 1 to December 31, 2025.
2. Basic information of the guarantor
The guarantors of the estimated upper limit of the guarantee are the parent company and its subsidiaries within the scope of the company's consolidated statements (including but not limited to the following entities, according to the business needs at that time
It is necessary to determine), and the credit status is good, and they are not judgment defaulters.
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
Solar photovoltaic power station equipment manufacturing, solar photovoltaic power station equipment and system installation
Feign; Polycrystalline ingots, monocrystalline silicon rods, silicon wafers, solar cells, photovoltaic modules
Fabricate; solar energy and solar energy technology development; sales of self-produced products; Engaged in polysilicon,
Machinery and equipment, solar photovoltaic power station equipment and system integration devices, energy storage and photovoltaics
Import, export and wholesale business of Trina Solar Co., Ltd. Application System (not involving state-owned trade management commodities, involving
1 Company 1997/12/26 Changzhou City, Jiangsu Province Gao Jifan and quota and license management commodities, in accordance with the relevant provisions of the state to apply); From none of the company
construction and operation of solar power plants (operation can only be carried out after obtaining relevant qualifications);
Consulting services related to the above-mentioned businesses; solar power generation; Energy storage and photovoltaic applications
system technology research and development, engineering design and technical services; Testing services for photovoltaic products
(Operated with the testing services listed in the laboratory accreditation certificate). (Subject to approval in accordance with the law.)
Quasi-projects, business activities can only be carried out after approval by relevant departments)
Permitted Items: Electrical Installation Services; Internet information services (subject to approval in accordance with the law
Business activities can only be carried out after approval by relevant departments, and specific business projects shall be subject to approval
The result is subject to the results)
Trina Solar (Changzhou) Branch Changzhou City, Jiangsu Province Wu Sen General Items: Technology Import and Export; solar power generation technical services; Photovoltaic equipment and components No wholly-owned subsidiary
2 Technology Co., Ltd. 2010/6/23 Manufacturing; manufacturing of non-metallic mineral products; General cargo warehousing services (excluding hazardous chemicals
and other projects subject to license approval); Technical services, technology development, technical consulting, technical exchanges
flow, technology transfer, technology promotion; software development; import and export of goods; Information consulting services
(excluding licensing information consulting services); Software sales, photovoltaic equipment and components sales
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
(Except for projects subject to approval in accordance with the law, independently carry out business activities with a business license in accordance with the law)
Sales of optoelectronic equipment, electronic components, electronic equipment, e-commerce (not from
Trina Solar (Changzhou) Solar Chen Ye of Changzhou City, Jiangsu Province is engaged in value-added telecommunications and financial services), enterprise management consulting, business information consulting, and no wholly-owned subsidiary
3 Electrical Equipment Co., Ltd. 2015/10/26 Export, engaged in the import and export of goods and technology. (Items subject to approval in accordance with the law.)
business activities can only be carried out after approval by relevant departments)
Licensed projects: power generation business, transmission business, power supply (distribution) business (subject to approval in accordance with the law.)
The project can only be carried out after being approved by the relevant departments, and the specific business project will be reviewed
The batch result shall prevail)
Trina Solar (Suqian) Branch, Suqian City, Jiangsu Province, Gao Jifan General projects: photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; Goods None Holding subsidiary
4 Technology Co., Ltd. 2018/6/13 Import & Export; technology import and export; Technical Services, Technology Development, Technical Consulting, Technical Exchanges, (76.88%)
technology transfer, technology promotion; battery manufacturing; battery sales; photovoltaic power generation equipment leasing;
Solar power generation technical services (except for projects subject to approval in accordance with the law, according to the business license.)
Act to carry out business activities independently)
Licensed projects: power generation business, transmission business, power supply (distribution) business (subject to approval in accordance with the law.)
The project can only be carried out after being approved by the relevant departments, and the specific business project will be reviewed
The batch result shall prevail)
Trina Solar (Suqian) Solar Suqian City, Jiangsu Province Gao Jifan General projects: photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; Goods None wholly owned subsidiary
5 Electricity Co., Ltd. 2019/7/5 Import & Export; technology import and export; Technical services, technology development, technical consultation, technical exchanges,
technology transfer, technology promotion; battery manufacturing; battery sales; photovoltaic power generation equipment leasing;
Solar power generation technical services (except for projects subject to approval in accordance with the law, according to the business license.)
Act to carry out business activities independently)
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
General projects: photovoltaic equipment and components manufacturing; Technical services, technology development, technology
Trina Solar (Yancheng) new technology consulting, technology exchange, technology transfer, technology promotion; battery manufacturing; Battery pins
6 Energy Co., Ltd. 2022/4/25 Yancheng, Jiangsu Province Wu Jianfeng Sale; sales of photovoltaic equipment and components; photovoltaic power generation equipment leasing; Solar power generation None wholly owned subsidiary
technical services; import and export of goods; technology import and export; Import and export agency (except as required by law.)
In addition to the approved projects, independently carry out business activities with a business license in accordance with the law)
General projects: technical services, technology development, technical consulting, technical exchanges, technology
Trina Solar Technology (salt transfer, technology promotion; battery manufacturing; battery sales; Photovoltaic equipment and components
7 City) Co., Ltd. 2020/9/30 Yancheng City, Jiangsu Province Wu Jianfeng Manufacturing; sales of photovoltaic equipment and components; photovoltaic power generation equipment leasing; Solar power generation None wholly owned subsidiary
Technical services (except for projects subject to approval in accordance with the law, independently opened according to law with a business license.)
business activities)
General projects: photovoltaic equipment and components manufacturing; Technical services, technology development, technology
Trina Solar (Yancheng University Consulting, Technology Exchange, Technology Transfer, Technology Promotion; battery manufacturing; Battery Sales Holding subsidiary
8 Feng) Co., Ltd. 2020/10/29 Yancheng City, Jiangsu Province Wu Jianfeng Sale; sales of photovoltaic equipment and components; photovoltaic power generation equipment leasing; Solar power None (64.38%)
technical services; import and export of goods; technology import and export; Import and export agency (except as required by law.)
In addition to the approved projects, independently carry out business activities with a business license in accordance with the law)
General items: battery manufacturing; research and development of new material technology; energy storage technical services; battery
Sale; generator and generator set manufacturing; power transmission and distribution and control equipment manufacturing; intelligent
Trina Energy Storage Technology (Yancheng, Yancheng, Jiangsu Province, Feng Minsheng, power transmission and distribution and control equipment sales; sales of special electronic materials; import and export of goods; Technology has no holding subsidiary
9 Dafeng) Co., Ltd. 2022/3/9 Technology import and export; Technical Services, Technology Development, Technical Consulting, Technical Exchange, Technology (57.17%)
Transfer, technology promotion (except for projects subject to approval in accordance with the law, with a business license in accordance with the law.)
In-house business activities)
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
Licensed items: power generation business, transmission business, power supply (distribution) business (subject to law.)
The approved project can only be carried out after being approved by the relevant departments, and the specific operation can be carried out
The project is subject to the approval result)
Trina Solar (Huai'an) Wu Jianfeng, Huai'an City, Jiangsu Province General projects: photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; None Wholly owned subsidiary
10 Technology Co., Ltd. 2022/9/22 Import and export of goods; technology import and export; Technical services, technology development, technical consulting,
technology exchange, technology transfer, technology promotion; battery manufacturing; battery sales; photovoltaic
leasing of power generation equipment; Solar power generation technical services (except for projects subject to approval in accordance with the law
In addition, independently carry out business activities with a business license in accordance with the law)
Licensed items: power generation business, transmission business, power supply (distribution) business (subject to law.)
The approved project can only be carried out after being approved by the relevant departments, and the specific operation can be carried out
The project is subject to the approval result)
Trina Solar (Huai'an) Wu Jianfeng, Huai'an City, Jiangsu Province General projects: photovoltaic equipment and components manufacturing; sales of photovoltaic equipment and components; None Wholly owned subsidiary
11 Optoelectronics Co., Ltd. 2022/9/22 Import and export of goods; technology import and export; Technical services, technology development, technical consulting,
technology exchange, technology transfer, technology promotion; battery manufacturing; battery sales; photovoltaic
leasing of power generation equipment; Solar power generation technical services (except for projects subject to approval in accordance with the law
In addition, independently carry out business activities with a business license in accordance with the law)
R&D, manufacturing and sales of solar modules; R&D and manufacturing of photovoltaic derivatives,
Sale; technical consultation, technical services and sales of photovoltaic products; Solar photovoltaic hair
Trina Solar (Yiwu) Branch Yiwu City, Zhejiang Province Wu Jianfeng Installation and commissioning of electrical system equipment; construction, commissioning and maintenance of solar photovoltaic power stations; No holding subsidiary
12 Technology Co., Ltd. 2019/5/9 Self-operated and agent import and export business of various commodities and technologies, but the state limited the company economy (60.20%)
Except for commodities and technologies that are prohibited from being imported or exported. (Projects subject to approval in accordance with the law, by photo.)
Business activities can only be carried out after approval by the customs department)
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
General items: manufacturing of non-metallic mineral products; sales of non-metallic minerals and products; electron
research and development of special materials; photovoltaic equipment and components manufacturing; Photovoltaic equipment and component pins
Sell; sales of solar thermal utilization products; sales of solar thermal utilization equipment; semiconductor
Trina Solar (Qinghai) Jing Xining City, Qinghai Province Xu Qiang Device special equipment sales; manufacturing of special equipment for semiconductor devices; Electronic Special Materials None Wholly owned subsidiary
13 Silicon Co., Ltd. 2022/5/8 Manufacturing; sales of special electronic materials; mechanical and electrical equipment manufacturing; Technical services, technology
technology development, technical consultation, technology exchange, technology transfer, technology promotion; Technology
intermediary services; import and export of goods; technology import and export; Non-residential real estate leases. (By law.)
For projects subject to approval, business activities can only be carried out after approval by relevant departments)
energy contract; Solar power generation system engineering, wind power station engineering, energy storage electricity
station engineering design, construction and technical services; Solar power generation equipment, wind power generation equipment
Equipment, energy storage equipment, energy-saving equipment, environmental protection products, mechanical and electrical equipment, metal materials,
sales of electronic products; Smart city project planning and design, investment and construction and energy efficiency management
Serve; electricity sales; heat supply; carbon emission allowance sales; Installation, repair, and test power
power facilities (operating with the approved content of the "Undertaking (Repair and Testing) Power Facilities License";
power engineering design and technical services; general contracting of power engineering construction; Smart City Workers
Changzhou Trina Smart Energy, Changzhou City, Jiangsu Province, Wang Peng, Cheng General Contractor; general contracting of energy storage power station project; Installation of chemical equipment and mechanical and electrical equipment, without wholly-owned subsidiaries
14 Engineering Co., Ltd. 2012/10/29 Maintenance, commissioning; construction of urban and road lighting projects; Road transportation of general cargo
(operating under a license); Technology development, technical services in the field of energy applications,
Technical advice; Self-management and agency of import and export business of various commodities and technologies, limited by state
Except for commodities and technologies that are prohibited from being imported or exported. (Subject to approval by law.)
The project can only be carried out after being approved by the relevant departments) General project: electricity
manufacturing of sub-components; sales of photovoltaic equipment and components; research and development of special electronic materials;
R&D of high-efficiency and energy-saving technologies in the power industry; R&D of wind farm related systems; Emerging energy sources
Technology research and development (except for projects subject to approval in accordance with the law, independently opened with a business license in accordance with the law.)
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
business activities)
Industrial investment, development, construction and operation of solar photovoltaic power stations and wind power stations
Reason; solar photovoltaic power generation; wind power generation; energy contract; Solar photovoltaics
Power station related equipment, polycrystalline ingots, monocrystalline silicon rods, cells, silicon wafer photovoltaic modules,
Jiangsu Trina Solar Changzhou City, Jiangsu Province Zhu Yamin Sales of photovoltaic products and accessories, new energy products (except special control); Goods or technology No wholly owned subsidiary
15 Force Development Co., Ltd. 2012/12/28 Import and export (except for the import and export of goods and technologies prohibited by the state or involving administrative approval);
Maintenance, commissioning, operation and maintenance of solar photovoltaic power stations and wind power stations; Engaged on
Technical consulting services related to the above business. (Except for those involving special national management measures;
For projects subject to approval in accordance with the law, business activities can only be carried out after approval by relevant departments)
manufacturing, research, design and technical services of energy storage system equipment and accessories; Power generation support
Assembling, integrating, selling, installing, maintaining and providing technical services for system equipment and accessories of Jiangsu Trina Energy Storage Co., Ltd.; Holding subsidiary
16 Company 2015/11/4 Gao Jifan, Changzhou City, Jiangsu Province Self-operated and agent import and export business of various commodities and technologies, limited by the state None (57.17%)
or commodities and technologies that are prohibited from being imported or exported. (Projects subject to approval in accordance with the law shall be subject to the relevant requirements.)
Business activities can only be carried out after approval by the department)
Licensed projects: power generation, transmission, and power supply business (projects subject to approval in accordance with the law, by
Business activities can only be carried out after approval by relevant departments, and specific business projects will be subject to the approval results
Jiangsu household distribution shall prevail) General projects: sales of photovoltaic equipment and components; Solar Power Technology Services Holding subsidiary
17 Type Energy Co., Ltd. 2021/8/6 Changzhou City, Jiangsu Province Wang Yongwu; Technical Services, Technology Development, Technical Consulting, Technology Exchange, Technology Transfer, None (70.09%)
technology diffusion; photovoltaic power generation equipment leasing; Information consulting services (excluding permission letters.)
(except for projects subject to approval in accordance with the law, with a business license in accordance with the law.)
Main business activities)
Preface Guarantor Date of Establishment Place of Registration Legal Representative Business Scope Affect the Debt Repayment Ability of the Guarantor Guarantor and the Listed Company
Relationship between the company, the directors and the material contingencies of the company
Licensed items: Category II value-added telecommunications services. (Projects subject to approval in accordance with the law, by.)
Shanghai Tianhe Fujia Energy can only carry out business activities after the approval of the relevant departments, and the specific business projects are controlled by the relevant departments
18 Co., Ltd. 2022/3/23 Shanghai Liao Shengbin Approval documents or licenses shall prevail) General items: contract energy management; Solar None (70.09%)
power generation technical services; Photovoltaic equipment and components manufacturing. (Except for those subject to approval in accordance with law.)
Outside the project, independently carry out business activities with a business license in accordance with the law)
General projects: sales of photovoltaic equipment and components; solar power generation technical services; combine
Zhejiang Fujia Distributed Energy and Energy Management (except for projects subject to approval in accordance with the law, with a business license to independently hold subsidiaries in accordance with the law.)
19 Yuan Co., Ltd. 2021/11/25 Lishui City, Zhejiang Province Liao Shengbin Carried out business activities). Licensed items: Class II value-added telecommunications services (None according to law (70.09%)
The approved project can only be carried out after being approved by the relevant departments, and the specific operation can be carried out
The project is subject to the approval result).
Trina Solar Energy Li Yan、
20 Development Pte. 2010/4/28 Singapore Lim Star Investment Holding, EPC has no wholly owned subsidiary
Ltd.
Trina Solar Energy, Yanfei Zhang,
21 Development 2020/10/22 Vietnam Tran Thu Trung Production of Cells and Modules No wholly owned subsidiary
Company Ltd.
Trina Solar (Vietnam) Production of other equipment.
22 Wafer Company 6/13/2022 Vietnam Zhang Jibing None Wholly owned subsidiary
Limited Specific: Production of mono ingot and mono wafer
Note: For other details, please refer to Appendix 1: "Financial Information of the Guarantor"
3. The main content of the security agreement
The guarantee between the Company and its subsidiaries within the scope of the consolidated financial statements is mainly to meet the daily operating needs of the Company in 2025, and the maximum amount of guarantee shall not exceed RMB116.5 billion (or equivalent in foreign currency).
4. The reason and necessity of the guarantee
The guarantee between the company and its subsidiaries within the scope of the consolidated statements is to ensure the needs of the production and operation of the company and its subsidiaries and the estimated amount of the company and its subsidiaries in combination with the current business situation, which is in line with the actual needs of the company's overall production and operation, and is conducive to meeting the company's daily capital use and business scope expansion needs. Among the minority shareholders of the company's holding subsidiary, if the guaranteed object is a non-wholly-owned holding subsidiary, the company requires other shareholders other than the company to provide guarantee according to the proportion of shareholdings or other shareholders to provide counter-guarantee to the company according to the proportion of shareholding while the company provides 100% guarantee. Due to the strict approval procedures for external guarantees by state-owned shareholders, the remaining minority shareholders have no ability to provide guarantees, and the company has full control over the holding subsidiaries, and the company has overall controllable guarantee risks.
5. The cumulative amount of external guarantee and the amount of overdue guarantee
As of December 12, 2024, the company and its subsidiaries have the balance of external guarantees, and the company has made external guarantees to its subsidiaries
The balance of the guarantee provided by the company and the above amounts in the latest audited net assets and total assets of the listed company are as follows:
Type December 12, 2024 of audited net assets of total audited assets
(Unit: RMB 100 million) Proportional proportion
The company and its subsidiaries 601.27 190.75% 49.98%
Balance of external guarantees
Among them: the company's subordinate sons 577.29 183.14% 47.98%
The balance of the guarantee provided by the Division
As of the date of disclosure of the verification opinion, the company has no overdue guarantee and no guarantee amount involved in litigation.
6. Explanation of the review procedures and special opinions
(1) Opinions of the Board of Directors
The application for the comprehensive financing quota and guarantee matters have been held by the company on December 13, 2024
The 16th meeting of the third session of the board of directors was unanimously deliberated and approved.
The Board of Directors believes that the application for comprehensive financing quota and the provision of guarantee are reasonable estimates made to meet the daily operation and business development capital needs of the Company and its subsidiaries and ensure the smooth development of the Company's business. The assets of the guaranteed object have good credit status, have the ability to repay debts, and the guarantee risk is generally controllable. The application for a comprehensive credit line and external guarantee matters comply with relevant laws, regulations, normative documents and the Articles of Association, and the decision-making procedures are legal and compliant, and there is no harm to the interests of the company and its shareholders, especially small and medium-sized shareholders. Therefore, the board of directors agreed to apply for a comprehensive credit line and external guarantees.
(2) Opinions of the Board of Supervisors
The application for the comprehensive financing quota and guarantee matters have been held by the company on December 13, 2024
The 10th meeting of the third board of supervisors was unanimously deliberated and approved.
The Board of Supervisors of the Company believes that the Company's application for comprehensive financing quota and the provision of guarantees are in line with the actual operation and overall development strategy of the Company and its subsidiaries, and the guarantee risk is within the controllable range of the Company, and is conducive to promoting the sustainable and stable development of the Company's existing business, and there is no harm to the interests of the Company and its shareholders. At the same time, the company is in good operating condition, with good profitability and solvency. The company's deliberation procedures and voting results on the proposal are legal and valid. Therefore, the Board of Supervisors agreed to the application for a comprehensive credit line and external guarantees.
7. Sponsor's opinion
After verification, the sponsor, Huatai United Securities Co., Ltd., believes that the company's application for comprehensive financing quota and the provision of guarantee are in line with the actual operation and overall development strategy of the company and its subsidiaries, and there is no harm to the interests of the company and shareholders. The review procedure of this external guarantee is in accordance with relevant laws and regulations
The Articles of Association and other provisions still need to be reviewed by the general meeting of shareholders, and the decision-making procedures are legal and compliant, and there is no harm to the interests of the company and its shareholders, especially small and medium-sized shareholders.
In summary, the sponsor has no objection to the company's application for a comprehensive financing line and the provision of guarantees.
(There is no text on this page, it is the "Verification Opinion of Huatai United Securities Co., Ltd. on Trina Solar's Application for Comprehensive Financing Quota and Provision of Guarantee in 2025")
Sponsor Representative: ________________ ________________
Wang Zhe Jiang Yifei
Huatai United Securities Co., Ltd
YYYYYYYYYYYYYYYYY
Appendix 1: Financial Information of the Guarantor
Unit: 10,000 yuan
Currency Total Assets Total Liabilities Net Assets Operating Income Net Profit Non-net Profit
No. Sponsored Race 2023 Year 2024 1-9 Year 2023 Year 2024 Year 1-9 Year 2023 Year 2024 1-9
2023.12.31 2024.9.30 2023.12.31 2024.9.30 2023.12.31 2024.9.30 Month, Month, Month
Trina Solar's shareholder
1 Co., Ltd. Min 5,855,247.34 5,449,661.32 3,751,811.60 3,639,314.84 2,103,435.73 1,810,346.47 3,866,104.37 1,463,800.63 144,174.04 -115,582.52 139,080.45 -119,104.88
currency
Trina Solar Man
2 (Changzhou) Kemin 1,708,685.01 1,767,855.70 307,859.51 363,774.45 1,400,825.50 1,404,081.25 996,662.32 550,932.31 111,819.18 523.72 111,816.16 -1,743.66
Technology Co., Ltd. currency
Trina Solar Man
(Changzhou) Guangmin
3 Electrical equipment limited 410,339.97 250,974.88 322,624.63 166,209.41 87,715.34 84,765.48 1,658,960.16 499,731.78 2,547.93 -1,557.13 83,073.12 -1,560.64
Company currency
Trina Solar Man
4 (Suqian) Citizen 933,337.62 586,305.87 726,133.26 404,509.14 207,204.36 181,796.72 1,623,525.60 621,251.46 3,326.85 -9,367.48 123.18 -13,243.49
Technology Co., Ltd. currency
Trina Solar Man
5 (Suqian) Guangmin 609,985.77 683,976.43 329,280.24 414,617.67 280,705.53 269,358.77 1,087,889.30 405,532.96 53,808.17 -9,214.16 53,833.04 -9,970.76
Electricity Co., Ltd. currency
Trina Solar Man
(Yancheng) Xinmin
6 Energy Co., Ltd. 354,529.61 281,887.48 302,298.06 236,003.93 52,231.55 45,883.55 917,448.52 409,417.04 -8,507.04 -4,841.58 -8,505.46 -4,975.53
Currency
Currency Total Assets Total Liabilities Net Assets Operating Income Net Profit Non-net Profit
No. Sponsored Race 2023 Year 2024 1-9 Year 2023 Year 2024 Year 1-9 Year 2023 Year 2024 1-9
2023.12.31 2024.9.30 2023.12.31 2024.9.30 2023.12.31 2024.9.30 Month, Month, Month
Trina Solar
7 Technology (Yancheng) 556,098.76 395,365.66 282,995.51 180,427.44 273,103.25 214,938.22 1,091,015.90 250,295.57 83,103.03 -49,738.42 82,305.85 -49,055.66
Limited to corporate currency
Trina Solar Man
( Yancheng Damin 8 Feng) Co., Ltd. 491,406.21 368,099.77 317,674.24 217,182.15 173,731.98 150,917.62 1,041,405.05 391,838.01 33,303.96 -11,085.46 32,736.23 -12,086.86
Currency
Trina Energy Storage Technician
Technology (Yancheng people
9 Feng) Co., Ltd. 45,553.75 202,377.01 40,492.95 158,556.30 5,060.80 43,820.71 21.21 568.39 -460.88 -2,100.57 -462.78 -2,101.01
Currency
Trina Solar Man
10 (Huai'an) Citizen 475,303.98 611,867.40 471,191.46 632,904.47 4,112.52 -21,037.07 436,217.82 830,950.57 -20,826.82 -44,226.49 -20,850.24 -44,257.54
Technology Co., Ltd. currency
Trina Solar Man
11 (Huai'an) Guangmin 309,282.59 725,646.41 275,595.72 419,301.44 33,686.88 306,344.97 189,960.94 504,294.27 3,628.76 16,567.04 3,608.80 16,566.41
Electricity Co., Ltd. currency
Trina Solar Man
12 (Yiwu) Kemin 638,478.69 536,348.96 368,999.09 287,103.26 269,479.60 249,245.70 937,787.72 344,149.95 30,007.65 -4,356.87 29,761.77 -5,544.89
Technology Co., Ltd. currency
Trina Solar Man
13 (Qinghai) Jingmin 608,172.03 592,205.62 371,631.88 368,922.65 236,540.15 223,282.97 390,440.27 275,446.23 17,750.26 -11,769.98 16,486.08 -11,842.02
Silicon Co., Ltd. Coin
Currency Total Assets Total Liabilities Net Assets Operating Income Net Profit Non-net Profit
No. Sponsored Race 2023 Year 2024 1-9 Year 2023 Year 2024 Year 1-9 Year 2023 Year 2024 1-9
2023.12.31 2024.9.30 2023.12.31 2024.9.30 2023.12.31 2024.9.30 Month, Month, Month
Changzhou Tianhe Zhiren
14 Hui Energy Engineering 538,074.10 664,343.61 396,748.02 507,091.08 141,326.07 157,252.53 428,388.05 380,241.96 23,464.07 27,018.90 23,798.04 27,882.04
Ltd. Currency
Jiangsu Tianhe Tairen
15 Yangneng Power Development 131,981.63 100,702.32 67,227.14 38,512.91 64,754.49 62,189.41 6,541.69 2,264.27 -4,219.85 -2,302.04 -2,644.36 -2,302.16
Issuance of Co., Ltd. currency
Jiangsu Tianhe Reserve
16 Energy Co., Ltd. 319,713.12 499,909.10 220,016.60 304,055.47 99,696.53 195,853.64 216,317.04 148,553.04 1,597.51 -18,728.21 1,390.47 -18,836.90
currency
Jiangsu family benefit households
17 Distributed energy users 16,113.74 6,996.65 15,046.89 5,342.14 1,066.85 1,654.51 1,285.17 922.31 459.99 602.26 459.99 587.33
Source Co., Ltd. Coin
Shanghai Tianhe is rich
18 Energy Finite Households 203,475.00 211,708.41 133,871.00 147,071.65 69,604.00 64,636.75 1,261,689.00 395,349.43 43,835.00 11,971.97 41,273.61 8,621.86
Company currency
Zhejiang's rich family is divided
19 Cloth energy 675,285.28 378,750.11 604,776.41 319,527.26 70,508.87 59,222.85 1,021,710.51 467,398.24 35,572.56 8,509.15 28,968.21 6,175.33
Limited to corporate currency
Trina Solar
Energy
20 Yuan 284,234.64 290,746.82 207,820.64 202,656.65 76,414.00 88,090.17 682,169.96 378,126.63 13,892.93 10,500.25 17,782.52 10,495.76
Development
Pte. Ltd.
Currency Total Assets Total Liabilities Net Assets Operating Income Net Profit Non-net Profit
No. Sponsored Race 2023 Year 2024 1-9 Year 2023 Year 2024 Year 1-9 Year 2023 Year 2024 1-9
2023.12.31 2024.9.30 2023.12.31 2024.9.30 2023.12.31 2024.9.30 Month, Month, Month
Trina Solar
Energy
21 Development Yuan 70,390.38 45,209.11 45,622.27 18,151.64 24,768.11 27,057.47 107,878.71 52,203.43 11,259.23 2,271.35 11,331.25 2,261.94
Company
Ltd.
Trina Solar
(Vietnam)
22 Wafer Yuan 57,655.28 49,352.08 47,932.77 36,253.83 9,722.51 13,098.25 12,172.92 31,201.20 2,299.03 2,885.14 2,298.96 2,889.68
Company
Limited
Note: The above financial data are of the parent company. The above key financial data for 2023 have been audited by Rongcheng Certified Public Accountants (Special General Partnership), and the main financial data for the period from January to September 2024 are unaudited.
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