Longi Green Energy shareholders approve guarantees, incentive plans

Longi Green Energy Technology Co., Ltd. held its second extraordinary general meeting of 2025 on December 26, 2025, in Xi'an. The meeting, chaired by Mr. Zhong Baoshen, saw 6,302 shareholders and proxies representing 2,518,328,597 shares (33.3205% of total voting shares, excluding repurchased shares) participate.

The shareholders approved all eight submitted proposals. Key resolutions included the 2026 estimated inter-company guarantees for the company and its subsidiaries, 2026 guarantees for Xi'an Longi Hydrogen Energy Technology Co., Ltd. and its subsidiaries (a related-party transaction), and 2026 guarantees for distributed business customers. Other approved items were the use of proprietary funds for wealth management, foreign exchange derivative transactions, and the 2025 employee stock ownership plan.

The resolutions passed with significant majorities, including special resolutions for the guarantee-related items, which received over two-thirds of the votes. Related-party shareholders abstained from voting on relevant proposals. The legal opinion confirms that the meeting's convening, procedures, and resolutions comply with relevant laws and the company's articles of association.