Longi Green Energy increases guarantees for subsidiaries, clients

Longi Green Energy Technology announced an increase in its guarantee obligations, totaling CNY 73,979.18. The guarantees primarily support the company's wholly-owned and controlled subsidiaries, including a CNY 5 million allocation to "Beautiful Countryside" distributed photovoltaic initiatives. As of June 30, 2025, the company's total outstanding guarantees reached CNY 240.72 billion, representing 39.53% of its latest audited net assets attributable to owners of the parent company. The announcement also specified that some subsidiaries benefiting from these guarantees have a debt-to-asset ratio exceeding 70%, cautioning investors to consider the associated risks. The board of directors has approved the current guarantee arrangements and these are within the authorized limit.