On December 13, Gelonghui reported that Jiangmen Kanhoo Industry (300340.SZ) announced that in order to meet the normal production, Operation, and development needs of the company and its subsidiaries, the company and its wholly-owned subsidiaries, Yingde Kanhoo New Energy Technology Co., Ltd. (hereinafter referred to as "Yingde Kanhoo"), Zhuhai Kanhoo New Energy Materials Co., Ltd. (hereinafter referred to as "Zhuhai Kanhoo"), Zhuhai Kanhoo Haoneng Intelligent Equipment Co., Ltd. (hereinafter referred to as "Zhuhai Haoneng"), and Shenzhen Haoneng Technology Co., Ltd. (hereinafter referred to as "Haoneng Technology") intend to carry out business cooperation as agreed in the "Cooperation Framework Agreement" with Zhuhai Gree Supply Chain Management Co., Ltd. (hereinafter referred to as "Gree Supply Chain"). Gree Supply Chain has provided a raw material procurement quota of RMB 0.65 billion to Jiangmen Kanhoo, Yingde Kanhoo, Zhuhai Kanhoo, Zhuhai Haoneng, and Haoneng Technology, which is a quota that can be reused (the specific procurement business quota is subject to internal approval results from Gree Supply Chain).

At the same time, the company and the aforementioned wholly-owned subsidiaries agree to provide accounts receivable, recognized by Gree Supply Chain, as collateral guarantees for any party's full and effective performance of all obligations under the "Cooperation Framework Agreement" and the "Product Sales Contract" signed with Gree Supply Chain. The company’s 2023 annual Shareholder meeting and the relevant subsidiary companies have completed the related review procedures for the aforementioned pledge guarantees, and the review results were all passed.