SOLARGIGA Subsidiary Secures 100 Million Yuan Working Capital Loan

Stock News

May 18

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1184451559"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1184451559\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1184451559?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-18 17:08","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1184451559","market":"sh","top_or_hot":-1,"title":"SOLARGIGA Subsidiary Secures 100 Million Yuan Working Capital Loan","media":"Stock News","content":"<p>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.</p>\n<p>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.</p>\n<p>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.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SOLARGIGA Subsidiary Secures 100 Million Yuan Working Capital Loan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSOLARGIGA Subsidiary Secures 100 Million Yuan Working Capital Loan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2026-05-18 17:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>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.</p>\n<p>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.</p>\n<p>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.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00757","symbol_name":"阳光能源","start_time":0,"source_url":"","article_id":"1184451559","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1184451559","pubTimestamp":1779095312,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"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...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00757":"阳光能源","BK1594":"碳中和概念股","BK1169":"半导体设备","BK1554":"光伏太阳能股"},"translate_title":"SOLARGIGA子公司获得1亿元流动资金贷款","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00757":1},"content_text":"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.\nThe 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.\nThe 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.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}