On March 25, Shenzhen Kstar Science & Technology Co.Ltd(002518) announced that the holding subsidiary Contemporary Amperex Technology Co.Limited(300750) Shenzhen Kstar Science & Technology Co.Ltd(002518) Technology Co., Ltd. (hereinafter referred to as "times Shenzhen Kstar Science & Technology Co.Ltd(002518) ") planned to cooperate with China China Construction Bank Corporation(601939) Xiapu sub branch, including loan borrowing, acceptance of commercial bills, letters of credit and letters of guarantee. The company provided a maximum guarantee of 170 million yuan for times Shenzhen Kstar Science & Technology Co.Ltd(002518) .
It is reported that the time Shenzhen Kstar Science & Technology Co.Ltd(002518) phase I plant entered the production stage in mid-2021, and the company entered the formal operation period. At present, Shenzhen Kstar Science & Technology Co.Ltd(002518) is developing rapidly, and Shenzhen Kstar Science & Technology Co.Ltd(002518) provides guarantee for it to support the development of subsidiaries.
Statistics show that Shenzhen Kstar Science & Technology Co.Ltd(002518) is based on the data center business and has focused on the new energy business in recent years. The era Shenzhen Kstar Science & Technology Co.Ltd(002518) is an important part of Shenzhen Kstar Science & Technology Co.Ltd(002518) layout of energy storage business. The shareholding ratio was increased to 80% in 2021, which was included in the scope of consolidated statements. The guarantee provided for the subsidiary this time is in line with the overall strategic layout of Shenzhen Kstar Science & Technology Co.Ltd(002518) company.
