Tianhe Light Energy: Progress Announcement of Tianhe Light Energy Co., Ltd. on the Company's New Loans and Guarantees
DATE:  Jun 04 2024

Stock code: 688599 Stock abbreviation: TRUA Announcement No.: 2024-050

Convertible Bond Code: 118031 Convertible Bond Short for: Day 23 Convertible Bond

Trine Solar Co., Ltd.

Announcement on the progress of the company's new loans and guarantees.

the company's board of directors and all directors to ensure that the contents of this announcement does not exist any false records, misleading statements or major omissions, and the authenticity, accuracy and completeness of the contents of the legal responsibility.

Important Content Tips:

Guarantee time: May 1, 2024 to May 31, 2024

Name of Guaranteed: Tianhe Guangneng Co., Ltd. (hereinafter referred to as "the Company") and its merger

Subsidiaries within the scope of the report

Amount of guarantee for the current period: RMB 7.214 billion (including subsidiaries within the scope of the company's consolidated statement

company-to-company guarantees)

Whether there is a counter-guarantee in this guarantee: Yes

There are no corporate affiliates among the guarantors.

Cumulative number of overdue external guarantees: the company has no overdue external guarantees.

As of the end of 2023, the Company's net assets attributable to shareholders of the listed company were

31,521,757,649.42 yuan, January-May 2024, the company and its subsidiaries within the scope of consolidated statements accumulated new

The additional borrowing amount was $18,009,982,097.99, accounting for the net capital attributable to shareholders of the listed company at the end of 2023.

57.14 percent of production.

As of the disclosure date of this announcement, the balance of external guarantees of the Company and its subsidiaries within the scope of the consolidated financial statements is

60.215 billion yuan, accounting for 191.03 of the company's audited net assets in the latest period, of which the company's guarantee balance to its subsidiaries within the scope of consolidated statements is 57.706 billion yuan.

Overview of 1. guarantees

(I) new guarantees for the current period

In order to meet the company's production and operation and liquidity needs, before ensuring operational norms and risk control.

Under the mention, the Company and its subsidiaries during the period from May 1, 2024 to May 31, 2024, the Company tired

The amount of the guarantee (including the guarantee of the company's subsidiaries within the scope of the company's consolidated financial statements) is 7.214 billion yuan, accounting for 22.89 of the company's audited net assets in the latest period. Please refer to Annex I "Days" for details.

Heguang Energy Co., Ltd. May 1, 2024 to May 31, 2024 Guarantee Details ".

Internal decision-making procedures for the performance of (II) guarantees.

The company held the 48th meeting of the second board of directors and the second supervisor on December 27, 2023

The 38th meeting of the meeting and the first interim shareholders' meeting in 2024 will be held on January 12, 2024.

Don't deliberate and pass the "Proposal on the Company's Application for Comprehensive Financing Line and Provision of Guarantee in 2024", and agree that the company and its subsidiaries intend to apply to banks, insurance companies, financial leasing companies and other financial institutions not to exceed RMB 139 billion (or equivalent foreign currency) The total amount of credit involved does not exceed RMB 115.5 billion. Among them, the applicant company and its subsidiaries provide guarantees to entities outside the scope of the consolidated financial statements according to their shareholding ratio, and the rest are guarantees to each other by the company and its subsidiaries within the scope of the consolidated financial statements. The actual amount of the guarantee is subject to the final signed and executed guarantee contract or the approval of the financial institution. The general meeting of shareholders of the company authorizes the legal representative or financial officer of the company and his authorized person to handle the specific matters of this financing and guarantee within the scope of the comprehensive financing amount and guarantee amount according to the needs of the actual operation of the company. The specific matters such as the guarantee method and the guarantee period shall be subject to the guarantee agreement signed between the company and the bank and other financial institutions.

This guarantee is within the scope of the guarantee amount approved by the above-mentioned shareholders' meeting, and there is no need to go through the deliberation procedures of the board of directors or the shareholders' meeting again.

2. basic information of the guarantor

For the basic information of the guarantor, please refer to Annex I "Tianhe Photoenergy Co., Ltd. May 1, 2024".

Details of the guarantee to May 31, 2024 "and Annex II" Financial Situation of the Guaranteed ".

Necessity and reasonableness of 3. guarantee

The above guarantee is to ensure that the company and related subsidiaries to carry out production and operation needs and combined with the current business situation, in line with the actual needs of the company's overall production and operation, to help meet the company's daily use of funds and

Expand the scope of business needs. Solar Sdn. Bhd. Floating the guaranteed object. For equity participation

In addition to the company, the rest are controlling subsidiaries within the scope of the company's consolidated statements, and among the minority shareholders of the company's controlling subsidiaries, the state-owned shareholders are subject to strict approval procedures for external guarantees, and the remaining minority shareholders have no ability to provide guarantees,

At the same time, the company has full control over the holding company, and the company's guarantee risk can be controlled.

4. cumulative new borrowings for January-May 2024

As of the end of 2023, the Company's net assets attributable to shareholders of the listed company were 31,521,757,649.42

The cumulative new borrowings of the Company and its subsidiaries within the scope of the consolidated financial statements from January to May 2024 amounted to $18,009,982,097.99, accounting for 57.14 of the net assets attributable to shareholders of the listed company at the end of 2023.

New borrowings as a percentage of end -2023 attributable to listed

No. Borrowing Type New Borrowing Amount ($)

The proportion of net assets of the shareholders of the company

1 Bank borrowing 12,343,611,332.98 39.16 per cent

2 Other borrowing 5,666,370,765.01 17.98 per cent

Total/18,009,982,097.99 57.14%

Accumulated amount of external guarantee and overdue guarantee amount of the 5.

As of the disclosure date of this announcement, the balance of external guarantees of the company and its subsidiaries within the scope of the consolidated statement is 60.215 billion yuan, accounting for 191.03 of the company's most recent audited net assets, of which the balance of guarantees provided by the company to its subsidiaries within the scope of the consolidated statement is 57.706 billion yuan. As of the disclosure date of this announcement, the company has not provided guarantees to the controlling shareholders and actual controllers and their associates, and there is no overdue guarantee.

Analysis of the impact of new loans and external guarantees of 6. companies on solvency.

The above-mentioned new loans or external guarantees are in order to ensure the production and operation needs of the Company and its holding subsidiaries and participating companies, combined with the current business situation, in line with the Company's overall production and operation planning, and are conducive to promoting the sustainable and stable development of its existing business. As of the disclosure date of this announcement, the company's operating conditions are sound, and various business operations are normal. At present, all debts are repaid on time. The above-mentioned new loans will not have a significant adverse impact on the company's solvency.

It is hereby announced.

Board of Directors of TRA Solar Co., Ltd.

June 4, 2024

Annex I: Breakdown of Guarantee of Tianhe Light Energy Co., Ltd. from May 1, 2024 to May 31, 2024

Unit: ten thousand yuan

be guaranteed

Whether involved

The legal representative and the guarantee of the previous period.

Guaranteed Party Scope of Business Guarantor Financial Institution Currency Guarantee Term and Counter-Guarantee

No. person, director city company amount

Insurance

of the relationship

General items: sales of special equipment for semiconductor devices;

Manufacturing of equipment; technical services for solar power generation; electronic special materials Yanning Branch

Trine Solar (Qingfa; technical services, technology development, technology consulting, technology exchange, technology wholly-owned subsidiary Trine Solar shares China Minsheng Bank Co., Ltd. joint and several liability.

1 Hai) New materials include Yang Zhihua's transfer and technology promotion. Sales of non-metallic minerals and products; Non-metallic Miners Shanghai Branch RMB 100,000 2024/5/21-No

Manufacturing of limited company products; Sales of electronic special materials; Manufacturing of electronic special materials; Company Limited Guarantee Guarantee 2030/5/20

Sales of photovoltaic equipment and components; Sales of synthetic materials; Sales of instruments and meters Ping An Bank Co., Ltd.

Sale; synthetic materials manufacturing (excluding hazardous chemicals) state branch

Solar photovoltaic power plant equipment manufacturing, solar photovoltaic power plant equipment and systems.

installation of the system; polycrystalline ingots, monocrystalline silicon rods, silicon wafers, solar power

Manufacturing of pool chips and photovoltaic modules; development of solar energy and solar energy technology; pin

Selling self-produced products; engaged in polysilicon, machinery and equipment, solar photovoltaic power.

Station equipment and system integration devices, energy storage and photovoltaic application systems in and out of Trine Solar (often

Trine Solar shares Gao Jifankou and wholesale business (not involving state-owned trade management commodities, involving quotas, the company's state) Technology Co., Ltd. Jiangsu Bank Co., Ltd. often jointly and severally liable 2024/5/20-No.

For 2 limited company license management commodities, the application shall be handled in accordance with the relevant provisions of the state); From the state branch RMB 150,000 guarantee 2025/5/19

The construction and operation of solar power plants (the company can only be started after obtaining the relevant qualifications.

development business); engaged in the above-mentioned business related consulting services; solar energy

Electricity; technology research and development, engineering design and technology of energy storage and photovoltaic application systems.

Technical services; testing services for photovoltaic products (based on laboratory accreditation certificates.

column testing service project operation).

Licensed items: electrical installation services; Internet information services (legally required

For approved projects, business activities can only be carried out after approval by relevant departments,

Specific business items shall be subject to the approval results) General items: technical import and export

Tianhe Solar (Changkou; solar power generation technical services; photovoltaic equipment and components manufacturing; joint and several liability of wholly-owned subsidiary Tianhe Solar Unit

3 States) Science and Technology Co., Ltd. Wu Sen Non-metallic Mineral Products Manufacturing; General cargo storage services (excluding dangerous RMB 30,000 2024/5/20-No

Company chemicals and other items subject to approval); technical services, technology development, company limited company guarantee 2025/5/19

Technical consultation, technical exchange, technology transfer, technology promotion; software development

Development; import and export of goods; information consulting services (excluding licensed information consulting services

inquiry services); software sales; sales of photovoltaic equipment and components,

General items: photovoltaic equipment and components manufacturing; technical services, technical

Tianhe Solar (salt development, technical consultation, technical exchange, technology transfer, technology promotion; joint and several liability of the holding sub-Tianhe Solar Unit

4 City Dafeng) Limited Wu Jianfeng Battery Manufacturing; Battery sales; Sales of photovoltaic equipment and components; Photovoltaic RMB 30,000 2024/5/20-No

Company power generation equipment leasing; solar power generation technical services; import and export of goods; company limited guarantee 2025/5/19

Import and export of technology; import and export agency

Manufacturing, research, design and technical service of energy storage system equipment and accessories;

Jiangsu Tianhe Storage Power Generation Supporting System Equipment and Accessories Assembly, Integration, Sales, Installation, Holding Sub-Tianhe Solar Unit Joint Liability

5 Gao Jifan maintenance and technical services; Self-employed and agent of all kinds of goods and technology in and out of RMB 30,000 2024/5/20-Yes

Limited export business, the state restricts the operation of enterprises or prohibits the import and export of goods and technology company limited guarantee 2025/5/19.

except for surgery.

Trine Solar (sales of normal optoelectronic equipment, electronic components, electronic equipment, e-commerce

State) photoelectric equipment Chen Ye (not allowed to engage in value-added telecommunications, financial business), enterprise management consulting, wholly-owned subsidiary Trine Solar Unit joint and several liability 2024/5/20-No.

6 Business information consulting, re-export trade, import and export companies engaged in goods and technology limited RMB 30,000 guarantee 2025/5/19

Ltd. Business.

Trine Solar (residential permit project: power generation business, transmission business, power supply (distribution) business (according to the holding sub-Trine Solar shares joint and several liability.

7 move) science and technology have law to be approved projects, approved by the relevant departments before operating RMB 15,000 2024/5/20-no

Limited company Gao Jifan activities, the specific business items shall be subject to the approval results) company limited guarantee 2025/5/19

8 General items: photovoltaic equipment and components manufacturing; photovoltaic equipment and components

Device sales; import and export of goods; technology import and export; technical services, technology

technology development, technical consultation, technical exchange, technology transfer and technology promotion;

Battery manufacturing; battery sales; leasing of photovoltaic power generation equipment; solar power generation.

ELECTRIC TECHNOLOGY SERVICES

General projects of Tianhe Light Energy Department: technical service, technical development, technical consultation, technical delivery

Technology (Yancheng) has Wu Jianfeng flow, technology transfer and technology promotion; Battery manufacturing; Battery sales; Bank of China Limited, a wholly-owned subsidiary of Light, is often jointly and severally liable 2024/5/31-No.

8V equipment and components manufacturing; Sales of photovoltaic equipment and components; Photovoltaic Company Co., Ltd. State Xinbei Sub-branch RMB 10,000 Guarantee 2026/5/30

Limited company power generation equipment leasing; solar power generation technical services

General projects: energy storage technology services; new material technology research and development; battery production

Trina Energy Storage (Chuzao; battery sales; generator and generator set manufacturing; transmission and distribution and control holding sub-Trina Solar Energy shares Societe Generale Financial Leasing Co., Ltd. joint and several liability.

9 Feng Wensheng Manufacturing Equipment; Sales of intelligent power transmission and distribution and control equipment; Special RMB 1,179 2024/5/14-Yes

State) limited company material sales; Import and export of goods; Import and export of technology; Technical services, technology company limited company company guarantee 2027/5/14

Technology development, technology consultation, technology exchange, technology transfer, technology promotion

General items: photovoltaic equipment and components manufacturing; technical services, technical

Trina Solar (salt development, technical consultation, technical exchange, technology transfer, technology promotion; holding sub-Trina Solar shares Nanjing Bank Co.

10 City Dafeng) Limited Wu Jianfeng Battery Manufacturing; Battery sales; Sales of photovoltaic equipment and components; Photovoltaic RMB 30,000 2024/5/16-No

Company power generation equipment leasing; Solar power generation technical services; Import and export of goods; Company Limited City Branch Guarantee 2025/5/15

Import and export of technology; import and export agency

Base Floating Design, Construct, Own, Operate and Maintain Batang Ai Equity Trina Solar 2024/4/17-

11 Solar Sdn. Wang Jiangnan Floating Solar Project in order to generate and sell Investment / USD 140 General Guarantee No

Bhd. electricity energy Pte Ltd 2025/6/30

General projects of Chengdu Xingmao households: solar power generation technical services; photovoltaic equipment and components Tianhe Fujianeng

Zhou Feng sales with energy technology; technical services, technology development, technical consultation, technical exchange, holding Ziyuan Co., Ltd. Industrial Bank Co., Ltd. is often jointly and severally liable 2024/5/28-No.

12 Technology transfer, technology promotion; Information consulting services (excluding licensing letter company state branch RMB 9,315 guarantee 2039/5/28

Ltd. information consulting services); engineering and technical services (planning and management, survey, company setting up

13 except for planning and supervision); contract energy management.

Licensed items: power generation, transmission and power supply business (subject to approval according to law

Jiangsu Jiaxin household project, approved by the relevant departments to carry out business activities, specifically through the Tianhe Fu family energy.

The distributed energy Wang Yongying project shall be subject to the approval result) general project: photovoltaic equipment and yuan holding sub-source co., ltd. industrial bank co., ltd. is often jointly and severally liable 2024/5/28-no

13 pieces of sales; Solar power generation technical services; Technical services, technology development, company state branch RMB 4,845 guarantee 2039/5/28

Technology consulting, technology exchange, technology transfer, technology promotion; information consulting company

Inquiry services (excluding licensed information consulting services)

Licensed items: power generation, transmission and power supply business (subject to approval according to law

Jiangsu Home Bohu project, approved by the relevant departments to carry out business activities, specifically through the Tianhe Fu Family Energy.

The distributed energy Wang Yongying project shall be subject to the approval result) general project: photovoltaic equipment and yuan holding sub-source co., ltd. industrial bank co., ltd. is often jointly and severally liable 2024/5/28-no

14 pieces of sales; Solar power generation technical services; Technical services, technology development, company state branch RMB 8,215 guarantee 2039/5/28

Technology consulting, technology exchange, technology transfer, technology promotion; information consulting company

Inquiry services (excluding licensed information consulting services)

General projects: R & D of emerging energy technologies; technical services for solar power generation;

Chuzhou Fuyuan new photovoltaic equipment and components sales; contract energy management; technical services, Tianhe Fujianeng

Energy Co., Ltd. Lu Lijie Technology Development, Technology Consultation, Technology Exchange, Technology Transfer, Technology Push Holding Ziyuan Co., Ltd. Suyin Financial Leasing Co., Ltd. Joint Liability 2024/5/15-No.

15 wide; Sales agents (in addition to licensing business, can independently operate the legal company department RMB 17,704 guarantee 2029/5/15

Projects not prohibited or restricted by company regulations) licensed projects: power generation business, transmission company.

Electricity business, power supply (distribution) business; power supply business

Licensed items: power generation business, power transmission business, power supply (distribution) business;

Changzhou Yishang new power supply business. General items: Solar power technology control sub-Tianhe Fujianeng Bank of Communications Financial Leasing Co., Ltd. Joint and several liability.

16 Energy Technology has Zhang Lei's services; sales of photovoltaic equipment and components; research and development of emerging energy technologies; source Co., Ltd.RMB 18,500 2024/5/21-No

Limited company contract energy management; technical services, technical development, technical consulting, technical company company company guarantee 2039/5/20.

Technology exchange, technology transfer, technology promotion; sales generation.

17 Changzhou Shuo Lan Xin Zhang Lei Licensing Project: Power Generation Business, Power Transmission Business, Power Supply (Distribution) Business; Holding Zitian Hefujianeng Bank of Communications Financial Leasing Co., Ltd. RMB 1,100 Joint Liability 2024/5/21-No

Energy Technology has power supply business; Construction Engineering Construction Company Source Co., Ltd. guarantees 2039/5/20

General items of the company: solar power generation technical services; photovoltaic equipment and components company.

Sales; research and development of emerging energy technologies; contract energy management; technical services,

Technology development, technology consultation, technology exchange, technology transfer, technology promotion

Wide; Sales agent

Licensed items: power generation business, power transmission business, power supply (distribution) business;

Changzhou Shuoren new power supply business; construction project construction Tianhe Fujianeng

Energy Technology has Zhang Lei's general project: solar power generation technical services; Photovoltaic equipment and components holding Ziyuan Co., Ltd. Bank of Communications Financial Leasing Co., Ltd. Joint and several liability 2024/5/21-No.

18 Sales; Research and development of emerging energy technologies; Contract energy management; Technical Services, Company Division RMB 2,300 Guarantee 2039/5/20

Limited company technology development, technology consultation, technology exchange, technology transfer, technology promotion company

Wide; Sales agent

Licensed items: power generation business, power transmission business, power supply (distribution) business;

Changzhou Shuoyi new power supply business; construction project construction Tianhe Fujianeng

Energy technology has Xu Hanzhi general project: solar power generation technology services; Photovoltaic equipment and components holding sub-source co., ltd. boto financial leasing co., ltd. joint and several liability 2024/5/21-no

19 sales; Research and development of emerging energy technologies; Contract energy management; Technical Services, Company Division RMB 2,400 Guarantee 2039/5/20

Limited company technology development, technology consultation, technology exchange, technology transfer, technology promotion company

Wide; Sales agent

Licensed items: power generation business, power transmission business, power supply (distribution) business;

Changzhou Tianfan new power supply business; construction project construction Tianhe Fujianeng

Energy Technology has Zhang Lei's general project: solar power generation technical services; Photovoltaic equipment and components holding Ziyuan Co., Ltd. Bank of Communications Financial Leasing Co., Ltd. Joint and several liability 2024/5/21-No.

20 Sales; Research and development of emerging energy technologies; Contract energy management; Technical Services, Company Division RMB 5,600 Guarantee 2039/5/20

Limited company technology development, technology consultation, technology exchange, technology transfer, technology promotion company

Wide; Sales agent

Changzhou Lvze New Licensed Project: Power Generation Business, Power Transmission Business, Power Supply (Distribution) Business Holding Zitian Hefujianeng Xingye Financial Leasing Co., Ltd. Joint Liability

21 Energy Co., Ltd. General Projects of Tao Wenhao: Technical Service, Technical Development, Technical Consultation, Technical Exchange Co., Ltd. RMB 45,230 2024/5/31-No

Division flow, technology transfer, technology promotion; sales of photovoltaic equipment and components; company company guarantee 2033/5/31.

Solar power technology services; Project management services; Contract energy management

Licensed items: power generation business, power transmission business, power supply (distribution) business;

Changzhou Tianjing new power supply business; construction project construction Tianhe Fujianeng

Energy Technology has Linglin General Projects: Solar Power Generation Technical Services; Photovoltaic Equipment and Components Holding Ziyuan Co., Ltd. Bank of Communications Financial Leasing Co., Ltd. Joint Liability 2024/5/31-No.

22 Sales; Research and development of emerging energy technologies; Contract energy management; Technical Services, Company Division RMB 114,000 Guarantee 2039/5/31

Limited company technology development, technology consultation, technology exchange, technology transfer, technology promotion company

Wide; Sales agent

Licensed items: power generation business, power transmission business, power supply (distribution) business;

Changzhou Tianzi new power supply business; construction project construction Tianhe Fujianeng

Energy Technology has Linglin General Project: Solar Power Generation Technical Services; Photovoltaic Equipment and Components Holding Ziyuan Co., Ltd. Jiangsu Financial Leasing Co., Ltd. Joint Liability 2024/5/29-No.

23 Sales; Research and development of emerging energy technologies; Contract energy management; Technical Services, Company Division RMB 65,000 Guarantee 2036/5/29

Limited company technology development, technology consultation, technology exchange, technology transfer, technology promotion company

Wide; Sales agent

(Reference Exchange Rate May 31: USD7.1088) Total 721,383 RMB

Annex II: Financial Information of the Guaranteed

Unit: ten thousand yuan

Total assets Total liabilities Net assets Operating income Net profit

No. Guarantor Currency1-3 2024

2023.12.31 2024.3.31 2023.12.31 2024.3.31 2023.12.31 2024.3.31 2023 Year 1-March 2024 Year 2023 Month

1 Tianhe Light Energy Co., Ltd. People 144,174.0

Company Currency 5,855,247.34 5,577,194.57 3,751,811.60 3,506,507.83 2,103,435.73 2,070,686.74 3,866,104.37 416,516.80 -50,721.59

4

2 People of Tianhe (Qinghai)

New Materials Co., Ltd. Currency 57,219.13 66,755.51 20,757.97 30,859.99 36,461.16 35,895.52-330.47 -348.17

3 People of Tianhe (Changzhou)

Optoelectronic Equipment Co., Ltd. Currency 410,339.97 369,335.25 322,624.63 280,315.94 87,715.34 89,019.31 1,658,960.16 212,429.91 2,547.93 894.24

4 Tianhe Light Energy (Changzhou) People

Technology Co., Ltd. Currency 1,708,685.01 1,764,638.69 307,859.51 382,771.19 1,400,825.50 1,381,867.49 996,662.32 155,448.03 111,819.18 -19,570.18

5 Tianhe Photovoltaic (Suqian) People

Technology Co., Ltd. Currency 933,337.62 857,219.60 726,133.26 652,625.24 207,204.36 204,594.36 1,623,525.60 230,173.35 3,326.85 -1,188.74

6 Tianhe Light Energy (Yancheng Great People

Feng) Co., Ltd. 491,406.21 489,826.68 317,674.24 317,178.16 173,731.98 172,648.52 1,041,405.05 203,282.19 33,303.96 -585.34

7 Trina Light Energy Technology (Salt People

City) limited company currency 556,098.76 538,329.65 282,995.51 279,975.13 273,103.25 258,354.52 1,091,015.90 131,239.83 83,103.03 -197.33

8 Jiangsu Tianhe Energy Storage Limited People

Company currency 319,713.12 383,793.14 220,016.60 181,792.80 99,696.53 202,000.34 216,317.04 23,736.91 1,597.51 -5,920.37

9 Tianhe Energy Storage (Chuzhou) Has People

Limited company currency 142,851.51 103,354.67 134,827.14 98,978.01 8,024.37 4,376.67 42,868.28 8,120.90 -14,491.55 -1,812.17

10 Base Floating Solar ringgit 1,000.00-62,057.60-61,057.60-61,057.60-61,057.60-

Sdn. Bhd.

11 Chengdu Xingmao Household Energy People

Technology Co., Ltd. Currency 48,734.42 57,919.90 48,128.78 57,766.10 605 153.64 153.80 1,567.99 1,065.66 605.64 33.11

12 Jiangsu Jiaxin Household Distribution People

Type Energy Co., Ltd. Currency 7,882.73 12,484.41 7,740.17 12,297.67 142.56 186.74 432.15 229.96 142.57 44.65

13 Jiangsu Family Bo Household Distribution People

Type Energy Co., Ltd. Currency 14,597.49 35,440.50 14,329.44 35,391.07 268.05 49.44 849.84 650.19 268.06 45.08

14 Chuzhou Fuyuan New Energy has people

Limited Company Currency -34,944.10-34,956.54-12.43-284.18-12.43

15 Changzhou Yishang New Energy Department People

Technology Co., Ltd. Currency -7,255.51-7,257.94-2.43-52.43

16 Changzhou Shuolan New Energy Department People

Technology Co., Ltd. Currency -955.62-912.18-43.44-6.56

17 Changzhou Shuoren New Energy Department People

Technology Co., Ltd. Currency -6,456.82-6,453.43-3.40-46.60

18 Changzhou Shuoyi New Energy Department People

Technology Co., Ltd. Currency -12,558.12-12,599.16-41.03-91.03

19 Changzhou Tianfan New Energy Department People

Technology Co., Ltd. Coin-- - - - - - - - -

20 Changzhou Green Ze New Energy has people

Limited Company Currency -25.00-24.84 - 0.16 - 0.39 - 0.16

21 Changzhou Tianjing New Energy Department People

Technology Co., Ltd. Currency-- - - - - - - - -

22 People of Changzhou Tianzheng New Energy Department

Technology Co., Ltd. Currency-- - - - - - - - -

Note: Some companies are newly incorporated less than one year ago and no financial data is available.

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