CORUN(SH:600478) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-09-02 23:39Core Viewpoint - Hunan Keli Yuan New Energy Co., Ltd. has announced a guarantee for its subsidiary, Boye Keri Smart New Energy Technology Co., Ltd., involving a loan of 210 million yuan from CITIC Bank for a storage project [3][4][5]. Summary by Sections Guarantee Overview - The guarantee amount is 105 million yuan, which represents 50% of the loan obligation for Boye Keri [3][4]. - The loan is intended for the construction of a 100MW/200MWh independent energy storage project [7]. - The company holds a 48.93% stake in Boye Keri through its investment in the storage industry fund [7]. Approval Process - The guarantee was approved by the company's board and the 2024 annual general meeting [8][13]. - The total expected guarantee amount for various projects is capped at 300 million yuan, with a specific limit of 150 million yuan for Boye Keri [9]. Financial Status - As of the announcement date, the company has provided a total of 494.056 million yuan in guarantees, which exceeds 100% of the latest audited net assets [14][18]. - The company has no overdue guarantees or guarantees for shareholders and related parties [14][18]. Necessity and Reasonableness of the Guarantee - The guarantee is deemed necessary to support the construction of the energy storage project, which aligns with the company's strategic goals [12]. - The company believes that the project will generate stable investment returns and enhance its core competitiveness in the lithium battery materials sector [12].