Announcement on behalf of subsidiary Solar Green(KunShan) Realized loss of individual derivative transaction exceeds 即时比分 regulated ceiling.

1.Type of contract:Forward Contrace
2.Date of occurrence of 即时比分 event:2024/07/19
3.Contract price:RMB 3,873,168.64
4.Monetary value of margin or royalties paid:RMB 812,079.2
5.Ceiling on losses for aggregate or individual contracts set forth in 即时比分 Procedures:
30% of 即时比分 monetary value of 即时比分 individual contract。
6.Reason for derivative transaction:Hedging.
7.Item(s) being hedged:Silver (raw material).
8.Monetary value of 即时比分 hedged item(s):RMB 3,873,168.64
9.Profit (loss) of 即时比分 hedged item(s):RMB 1,292,871.35 of loss。
10.即时比分 losses (including realized and unrealized losses) assessed using fair value:
Sum of realized loss RMB 1,292,871.35
11.Reason for occurrence of 即时比分 losses and 即时比分 impact to 即时比分 Company:
即时比分 price of silver has since escalated after 即时比分 transaction,
resulting in realized loss exceeding 30% of 即时比分 individual contract value.
12.Contract period:2024/1/2~(AGTD Non-settlement time-limited regulation)
13.Restrictive covenants:None
14.Other important terms and conditions:None
15.Any other matters that need to be specified:
即时比分 11 AGTD contracts with unrealized losses exceeding 即时比分 limit are 即时比分
same as those has on July 12, 2024