Zhejiang Sunoren Solar Technology (603105.SH): Zhengda Jingbian plans to increase its shareholding in the company by 50 million to 100 million yuan.

Zhejiang Sunoren Solar Technology (603105.SH) announced that its controlling shareholder and one of the actual controllers, Haining City Zhengda Jingbian Co., Ltd. (referred to as "Zhengda Jingbian"), plans to increase its A-share holdings of the company through centralized bidding trading on the Shanghai Stock Exchange within 12 months from the date of the announcement. As Zhengda Jingbian and its concerted action person currently hold a stake of 30% to 50% in the company, the total increase in shares will not exceed 2% within the 12-month period; with a total amount of not less than 50 million yuan (including the principal), and not more than 100 million yuan (including the principal). The funds for the proposed increase in shareholding are sourced from a special loan provided by the Industrial and Commercial Bank of China Zhejiang Branch ("Industrial and Commercial Bank of China") to Zhengda Jingbian, as well as from Zhengda Jingbian's own funds. According to the notice issued by the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission regarding the establishment of stock repurchase and increase in shareholding re-loans, recently, Industrial and Commercial Bank of China issued a "loan commitment letter" to Zhengda Jingbian agreeing to provide special loan support for the increase in the company's A-share holdings, with a maximum loan amount of up to 80 million yuan, and the commitment letter is valid for 1 year from the date of issuance. In addition to the above-mentioned loan, the remaining funds for the increase in A-share holdings are from Zhengda Jingbian's own funds.