Fundraising Overview - Longi Green Energy Technology Co., Ltd. has been approved to publicly issue convertible bonds totaling RMB 7 billion, with a term of 6 years [1] - The actual issuance occurred on January 5, 2022, with 70 million bonds issued at a face value of RMB 100 each, resulting in net proceeds of approximately RMB 6.965 billion after deducting issuance costs [1] Fund Allocation Changes - The company has decided to terminate the investment in the Wuhu (Phase II) 15GW monocrystalline module project, reallocating the originally planned investment of RMB 1.08 billion to the Tongchuan Longi 12GW high-efficiency monocrystalline battery project [1] Fund Management and Oversight - A tripartite regulatory agreement was signed on July 8, 2025, between Longi Green Energy, its subsidiaries, and CITIC Bank to manage and oversee the fundraising for the Tongchuan project [2] - The agreement stipulates that the funds must be used solely for the designated project and outlines the responsibilities of each party involved in the management and oversight of the funds [3][4] Compliance and Reporting - The agreement includes provisions for regular reporting and oversight by the sponsor, ensuring compliance with relevant laws and regulations [4][5] - Any significant withdrawals from the special account must be reported to the sponsor, and failure to comply with the agreement can lead to termination of the agreement [4][5]

1、50GW！江苏淮安一单晶硅片项目最新进展 据悉， 天合光能淮安基地 50GW单晶硅片项目一期25GW单晶硅片项目竣工投产，二期一阶 段倒班楼土建、装修结束，具备交付条件，二阶段厂房主体在建；年产12GW新一代高效光伏电池 生产和中试研究院项目一期工程土建竣工。 据了解，淮安基地项目是天合光能在淮安经济技术开发区投资建设的重大产业项目。 自 2022 年落户以来，该项目累计投资已达 200 亿元， 整个基地计划总投资 300 亿元。 项目 主要包括高 效光伏电池和大功率光伏组件、新一代高效光伏电池生产、光伏用单晶硅片等项目，是一个硅片电 池组件一体化制造基地。 2、 晶澳签约南非220MW光伏项目 据外媒6月25日报道，南非可再生能源公司JUWI与晶澳科技签署两份光伏组件供应协议，将为 两个总装机量达220MW的大型光伏项目提供近42万块光伏组件。 7月2日，全国新能源消纳监测预警中心发布2025年5月全国新能源并网消纳情况，5月，全国 光伏发电利用率为94.2%、风电93.2%。 4、 隆基绿能拟向子公司增资10.8亿元，加码12GW组件项目 6 月 30 日，隆基绿能（ SH:601012 ）发布公告， ...

Core Viewpoint - The final judgment in the fire damage case involving Longi Green Energy's subsidiary, Longi Leye, has been made, with Shijin Technology bearing 70% of the responsibility for the damages and a compensation amount of 37.36 million yuan [1][5]. Group 1: Case Background - The fire incident occurred on November 25, 2021, at Longi Leye's factory in Xi'an, caused by an electrical fault in the heating system installed by Shijin Technology [6][7]. - Longi Leye filed two lawsuits against Shijin Technology for damages, totaling approximately 140 million yuan, which includes 87.44 million yuan for equipment losses and 53.37 million yuan for factory losses [7]. Group 2: Legal Proceedings - On June 16, 2025, the Xi'an High Court ruled that Shijin Technology is responsible for 70% of the equipment loss, amounting to 58.08 million yuan [6][8]. - Shijin Technology plans to appeal the equipment loss ruling, indicating ongoing legal disputes [8]. Group 3: Financial Implications - The total claim of approximately 140 million yuan represents 13.72% and 12.34% of Shijin Technology's net assets at the end of 2021 and 2022, respectively [11][12]. - Shijin Technology has disclosed the legal matters in its annual reports, stating that the company has made provisions for expected liabilities, which will not impact future financial statements [12].

Group 1 - EVE Energy has submitted an application for H-share issuance and listing on the Hong Kong Stock Exchange, reflecting its international strategic layout and potential to broaden financing channels and enhance brand influence [1] - The application is in draft form and may be updated, with the listing subject to various conditions and market considerations, indicating uncertainty in the process [1] Group 2 - LONGi Green Energy plans to use part of the raised funds, amounting to 1.08 billion yuan, to increase capital in its wholly-owned subsidiary LONGi Leye, which will subsequently increase capital in its subsidiary Tongchuan LONGi [2] - This capital increase aims to ensure the smooth implementation of the "Tongchuan LONGi annual production of 12GW high-efficiency monocrystalline battery project," enhancing market competitiveness [2] Group 3 - Zijin Mining intends to acquire a gold mine project in Kazakhstan for 1.2 billion USD, showcasing its global resource layout strategy [3] - The acquisition is based on a "no cash, no debt" principle, ensuring fairness in the transaction and potentially increasing the company's gold reserves and production capacity [3]

Core Viewpoint - Longi Green Energy plans to use part of the raised funds amounting to 1.08 billion yuan to increase capital in its wholly-owned subsidiary, Longi Leye, which will subsequently increase capital in its wholly-owned subsidiary, Tongchuan Longi, for the smooth implementation of the "Tongchuan Longi 12GW High-Efficiency Monocrystalline Cell Project" [1] Group 1 - The company intends to raise 1.08 billion yuan for capital increase [1] - The capital increase will raise Tongchuan Longi's paid-in registered capital from 145.32 million yuan to 400 million yuan [1] - The transaction does not constitute a related party transaction or a major asset restructuring and does not require approval from the company's shareholders [1]