SOLARGIGA announced that on May 18, 2026, its indirect wholly-owned subsidiary, Jinzhou SOLARGIGA Energy Co., Ltd., as the borrower, entered into a working capital loan agreement with Industrial Bank Co., Ltd. Shenyang Branch as the lender. The principal amount of the loan is 100 million yuan, with a term of one year. The loan will be available for drawdown within fifteen working days after Jinzhou SOLARGIGA fully repays the 2025 loan, which matures on May 13, 2026.

The obligations of Jinzhou SOLARGIGA under the loan agreement will be secured by corporate guarantees provided by SOLARGIGA and its indirect wholly-owned subsidiary, Jiangsu Yueyang Photovoltaic Technology Co., Ltd. Additionally, personal guarantees will be provided to the bank by Mr. Tan Wenhua, a major shareholder and former executive director of the company, and his spouse Ms. Zhao Xiuqin, as well as by Mr. Tan Xin, the company's Board Chairman, Executive Director, and CEO, and his spouse Ms. Chen Man. The maximum guarantee amount is 120 million yuan. Furthermore, certain assets provided by Jinzhou SOLARGIGA Maodi New Energy Co., Ltd., another indirect wholly-owned subsidiary, and Jiangsu Yueyang will serve as collateral.

The specific business terms are subject to the provisions of the loan agreement, guarantee contracts, and other related business contracts signed with the bank. Should new loan facilities or other credit business be conducted with the bank after the expiration of the current loan term, the earliest expiry date for the aforementioned guarantees and collateral is June 21, 2028.