Wolong New Energy Group(SH:600173) Shang Hai Zheng Quan Bao·2025-06-20 19:09Core Viewpoint - The company, Wolong New Energy Group Co., Ltd., is applying for a bank loan of 1.42 billion RMB from the China Development Bank Zhejiang Branch to support the construction of a new energy and energy storage pilot project [2][3]. Group 1: Loan Details - Loan Amount: The company will borrow 1.42 billion RMB [2][4]. - Loan Term: The borrowing period will not exceed 14 years [2][4]. - Loan Purpose: The funds will be used for the construction of the Shunfeng New Energy (Damaoqi) Co., Ltd. new energy and energy storage pilot project [4][9]. Group 2: Collateral and Guarantees - Collateral: The company will pledge the receivables from the Shunfeng Damaoqi project, including the rights to electricity fees and all associated benefits, as collateral for the loan [4][6]. - Guarantee: The indirect controlling shareholder, Wolong Holding Group Co., Ltd., will provide a joint liability guarantee for this loan [4][9]. Group 3: Impact on the Company - Financial Stability: The loan is expected to support the company's industrial development and will not pose significant financial risks or negatively impact the company's normal operations [9].