CORUN(SH:600478) Zheng Quan Zhi Xing·2025-09-02 10:13Core Viewpoint - Hunan Keli Yuan New Energy Co., Ltd. plans to provide guarantees for its energy storage project companies, with a total guarantee amount not exceeding 840 million yuan, to support the financing needs of these projects [4][5][10]. Group 1: Meeting Agenda and Details - The meeting is scheduled for September 11, 2025, at 14:00 in Shenzhen [4]. - The agenda includes introducing guests, electing vote counters, discussing and voting on proposals, and concluding with a signing of resolutions [4]. Group 2: Guarantee Overview - The company plans to guarantee a total of up to 840 million yuan for two project companies: Guantao County Xuneng New Energy Technology Co., Ltd. and Ordos City Luanxing New Energy Technology Co., Ltd. [4][5]. - As of now, the company has provided no guarantees for these project companies [4][5]. - The guarantee constitutes a related party transaction but does not qualify as a major asset restructuring [4][5]. Group 3: Financial and Operational Context - The project companies have obtained the necessary approvals for independent energy storage projects, with Guantao County's project having a scale of 100MW/400MWh and Ordos City's project at 300MW/1200MWh [9][10]. - The financial status of Guantao Xuneng shows total assets and liabilities of 0 yuan, while Ordos Luanxing has total assets of approximately 3.4 million yuan and liabilities of the same amount [9][10]. Group 4: Risk Management and Board Approval - The company will provide guarantees only after the energy storage fund acquires control of the project companies, ensuring that risks are manageable [11][12]. - The board of directors approved the guarantee proposal with a unanimous vote, emphasizing its alignment with the company's strategic development needs [12].