Core Viewpoint - The announcement details the progress of guarantees provided by Trina Solar Limited, highlighting the total guarantee amount and its implications for the company's financial health and operational needs [1][2]. Summary by Sections 1. Overview of Guarantee Situation - The total guarantee amount for the period from March 1, 2025, to March 31, 2025, is RMB 3.754 billion, which accounts for 11.91% of the company's most recent audited net assets [2]. 2. Internal Decision-Making Procedures for Guarantee Execution - The company held meetings on December 13, 2024, and December 30, 2024, to approve a comprehensive financing limit and guarantee proposal, allowing for a total credit limit of up to RMB 140 billion and a mutual guarantee limit of RMB 116.5 billion among subsidiaries [3][4]. 3. Necessity and Reasonableness of the Guarantee - The guarantees are deemed necessary to support the operational needs of the company and its subsidiaries, facilitating daily funding usage and business expansion [6][7]. 4. Cumulative External Guarantee Amount and Overdue Guarantees - As of the announcement date, the total external guarantee balance is RMB 60.504 billion, representing 191.94% of the company's most recent audited net assets, with no overdue guarantees reported [7].
天合光能股份有限公司关于公司提供担保的进展公告