Gelonghui (300093.SZ) announced that the total investment in heterojunction photovoltaic projects is 832 million yuan, and the company plans to complete all the investment with self-raised funds. In its reply to the concern letter of Shenzhen Stock Exchange on July 6, 2021, the company said that the funding for the project came from 200 million yuan borrowed by major shareholders and 431 million yuan from equipment financing. Recently, compared with the external financing cost of project equipment, combined with the overall progress of project construction and the maturity time of funds, the company plans to change some of the sources of equipment financing to borrow 200 million yuan from major shareholders. in order to speed up the financing of the project and promote the construction and production of the project. The company has held the ninth meeting of the Seventh Board of Directors on December 2, 2021 to consider borrowing 200 million yuan from major shareholders to pay for equipment and project funds for heterojunction photovoltaic projects, so as to promote the overall construction of heterojunction photovoltaic projects. The loan from major shareholders still needs to be examined and approved by the company's fifth interim general meeting of shareholders in 2021.
The company will synchronously promote equipment financial leasing and project loans, actively expand financing channels, and comprehensively select the optimal cost to determine the financing scheme to obtain project construction funds.