Core Viewpoint - Jiangsu Saifutian Group Co., Ltd. has announced that its subsidiary, Anhui Meidalen Photovoltaic Technology Co., Ltd., will engage in a financing lease back transaction with Bangyin Financial Leasing Co., Ltd., with a financing amount not exceeding RMB 50 million [1][2] Financing Lease Business Overview - Anhui Meidalen aims to optimize its capital structure and improve asset utilization by using its own equipment as collateral for the financing lease back transaction, with a total financing amount of up to RMB 50 million and a term not exceeding 21 months [2] - The company will provide a joint liability guarantee for this financing lease back transaction, with the guarantee amount also capped at RMB 50 million [2] Internal Decision-Making Process - The financing lease transaction was approved by the company's fifth board of directors at its 14th meeting on May 15, 2025, and the external guarantee was approved at the 13th meeting and the 2024 annual general meeting [2] Basic Information of the Transaction Party - Bangyin Financial Leasing Co., Ltd. has a registered capital of RMB 3 billion and was established on August 16, 2013, with a business scope that includes financing leasing and related financial services [3] Basic Information of the Financing Lease Assets - The assets involved in the financing lease are the existing equipment of Anhui Meidalen, which are free from any pledges or disputes [4] Purpose and Impact of the Financing Lease - The financing lease back transaction is expected to enhance the company's asset liquidity, broaden financing channels, and optimize the capital structure without affecting the company's daily operations [5] Necessity and Reasonableness of the Guarantee - The guarantee provided by the company for Anhui Meidalen's financing lease back transaction is deemed necessary to support its business development, with the company maintaining control over the subsidiary's major operational and financial decisions [5] Cumulative External Guarantee Amount - As of the announcement date, the total external guarantee amount after this new guarantee will be RMB 667 million, which represents 130.51% of the company's latest audited net assets [6]

Group 1 - The company plans to engage in a financing lease sale-and-leaseback transaction with State Grid International Financial Leasing Co., Ltd., with a financing amount not exceeding 500 million RMB [1][2] - The transaction does not constitute a related party transaction or a major asset restructuring as defined by the regulations [1][2] - The financing amount falls within the board's approval authority and does not require submission to the shareholders' meeting for approval [1][2] Group 2 - The board of directors approved the financing lease sale-and-leaseback proposal during the 17th meeting of the 11th session on June 17, 2025, which does not require shareholder approval [2] - The transaction involves the sale and leaseback of certain production equipment and facilities from the Jiamusi Thermal Power Plant, with clear ownership and no significant disputes or legal issues [2] - The financing lease will allow the company to activate existing assets, broaden financing channels, and meet funding needs, promoting sustainable and healthy development without affecting the normal use of the leased assets [2]

Core Viewpoint - The company plans to engage in financing lease sale-and-leaseback transactions with qualified leasing institutions, with a total financing amount not exceeding 20 million USD to optimize its financing structure and meet operational funding needs [1][2][3] Summary by Sections Financing Lease Sale-and-Leaseback Overview - The total financing amount for the sale-and-leaseback transactions is capped at 20 million USD, aimed at revitalizing fixed assets and broadening financing channels [1][2] - The financing period is valid for 12 months from the date of board approval, and the management is authorized to handle all related matters without needing further board or shareholder meetings [1][2] Transaction Counterparty and Asset Details - The transaction counterparties are qualified leasing institutions that do not have any related party relationships with the company or its subsidiaries [2] - The assets involved are the company's and subsidiaries' owned vessels, which are free from pledges or third-party rights and do not have any significant disputes or legal issues [2] Purpose and Impact of the Transaction - The financing lease sale-and-leaseback transactions will effectively revitalize fixed assets, optimize the company's financing structure, and fulfill operational funding requirements [3] - The transactions will not affect the normal use of the vessels and will not significantly impact the company's production and operations, ensuring the interests of all shareholders are protected [3]