Core Viewpoint - Hengxin Technology (01085.HK) announced that its indirectly held subsidiary, Zhejiang Zhongguang New Energy Technology Co., Ltd., signed a loan agreement for RMB 200 million with Jin Yin New Policy Financial Instruments Co., Ltd. to support the capital requirements of a 350MW solar thermal power project in Delingha, Qinghai Province [1][1][1] Group 1 - The loan is managed by the China Export-Import Bank's Zhejiang branch and is specifically allocated for the capital needs of the Qinghai Zhongkong Solar Power Co., Ltd., which will undertake the project [1][1] - The project, utilizing tower-type solar thermal technology, is expected to provide stable and reliable clean electricity to the Qinghai power grid, serving as an important demonstration project for building a new power system [1][1][1] - The board believes that the loan will supplement the project's capital, ensuring its smooth implementation and aligning with the company's strategy of deepening its involvement in renewable energy [1][1][1] Group 2 - The project is anticipated to generate stable long-term revenue, enhancing the company's market reputation and competitiveness in the solar thermal power sector [1][1] - The terms of the loan are considered normal commercial terms and are in the best interests of the company and its shareholders [1][1]

Core Viewpoint - Company announced a loan agreement of RMB 200 million for a solar power project, enhancing its position in the renewable energy sector [1] Group 1: Loan Agreement - Zhejiang Zhongguang New Energy Technology Co., Ltd., a subsidiary indirectly owned 51% by the company, signed a loan agreement with Jinyin New Policy Financial Instruments Co., Ltd. on October 14, 2025 [1] - The loan is managed by the Export-Import Bank of China, Zhejiang Branch, and is specifically for the capital needs of the 350 MW tower solar thermal power project in Delingha, Qinghai Province [1] Group 2: Project Details - The project has a total scale of 350 megawatts and utilizes tower solar thermal technology, known for its strong power generation stability and excellent energy storage capabilities [1] - Upon completion, the project will provide stable and reliable clean electricity to the Qinghai power grid, serving as an important demonstration project for building a new power system [1] Group 3: Strategic Alignment - The board believes that the loan will supplement the project's capital, ensuring its smooth implementation and aligning with the company's strategy of deepening its involvement in renewable energy [1] - The project is expected to generate stable long-term revenue, enhancing the company's market reputation and competitiveness in the solar thermal power sector [1]

Core Viewpoint - The company announced a loan agreement of RMB 200 million for its subsidiary to support a solar power project, enhancing its position in the renewable energy sector [1] Group 1: Loan Agreement - The subsidiary Zhejiang Zhongguang New Energy Technology Co., Ltd. signed a loan agreement with Jinyin New Policy Financial Instruments Co., Ltd. on October 14, 2025 [1] - The loan amount is RMB 200 million, managed by the Export-Import Bank of China, Zhejiang Branch [1] - The funds are designated for the capital needs of the 350MW tower solar thermal power project in Delingha, Qinghai Province [1] Group 2: Project Details - The project has a total scale of 350 megawatts and utilizes tower solar thermal technology [1] - It is characterized by strong power generation stability and excellent energy storage capabilities [1] - Upon completion, the project will provide stable and reliable clean electricity to the Qinghai power grid, serving as an important demonstration project for a new power system [1] Group 3: Strategic Alignment - The board believes the loan will supplement the project's capital, ensuring its smooth implementation and aligning with the company's strategy in renewable energy [1] - The project is expected to generate stable long-term revenue, enhancing the company's market reputation and competitiveness in the solar thermal power sector [1] - The loan terms are considered normal commercial terms, in the best interest of the company and its shareholders [1]