Aiko Solar returns working capital, provides new subsidiary guarantee

Shanghai Aiko Solar Energy Co., Ltd. announced on September 2, 2025, that it has returned RMB315m of idle raised funds to its dedicated account. These funds were previously used as temporary supplemental working capital, a decision approved by the board on September 9, 2024. The company stated this arrangement did not impact its investment plans and improved fund utilization.

Concurrently, Aiko Solar also provided a RMB200m guarantee to Zhejiang Aiko Solar Energy Technology Co., Ltd. for financing lease operations with Zhejiang Zheyin Financial Leasing Co., Ltd. This new guarantee brings the total outstanding guarantees to RMB122.69bn (including this transaction), falling within the previously approved RMB362bn limit set by the shareholders on May 20, 2025.

The cumulative external guarantees by Aiko Solar and its subsidiaries now total RMB236.81bn, representing 666.27% of the company's net assets as of the latest audited period. The actual outstanding debt under these guarantees is RMB142.79bn, with no overdue guarantees reported.