CORUN(SH:600478) Zheng Quan Zhi Xing·2025-08-26 16:56Core Viewpoint - The company plans to provide guarantees for financing related to independent energy storage projects, with a total guarantee amount not exceeding 840 million yuan, to support the development of its energy storage business [1][3][9] Summary by Sections Guarantee Overview - The company intends to provide a guarantee for the financing principal and related debts of the project companies at a 50% ratio, with the total guarantee amount expected to be no more than 840 million yuan [1][3][7] - The project companies include Guantao County Xuneng New Energy Technology Co., Ltd. and Ordos City Luanxing New Energy Technology Co., Ltd. [3][5] Financial and Operational Context - As of June 30, 2025, Guantao Xuneng has total assets of 0 million yuan and total liabilities of 0 million yuan, indicating no operational revenue or profit [4][6] - Ordos Luanxing has total assets of approximately 3.4 million yuan and total liabilities of 3.4 million yuan, with a net asset value of 9.11 yuan [6] Project Details - The Guantao County 100MW/400MWh independent energy storage project is being developed by Endrui Technology (Shenzhen) Co., Ltd. and has completed necessary project filings [5] - The Ordos City Gushanliang Xingchen Science and Technology Independent Energy Storage Project has a scale of 300MW/1200MWh and has also completed project filings [7] Board Approval and Strategic Importance - The board of directors approved the guarantee proposal with unanimous support, emphasizing that it aligns with the company's strategic development needs in the energy storage sector [8][9] - The guarantee is seen as essential for ensuring timely funding for the construction of energy storage projects, which will contribute to the company's investment returns and overall business strategy [8][9]