Shenzhen Sunrise New Energy Co.Ltd(002256) reply to the inquiry letter: interest bearing liabilities are significantly reduced and have the ability of sustainable operation

Shenzhen Sunrise New Energy Co.Ltd(002256) 4 replied to the inquiry letter of the annual report of Shenzhen Stock Exchange on April 12, saying that as of the reply date, the company’s book interest bearing liabilities had been significantly reduced to 529 million yuan, and there was no financial risk caused by debt default during the period. In terms of capital liquidity, as of December 31, 2021, the company’s monetary capital was 106 million yuan, an increase of 118.38% over the previous year. The profitability of the company’s main business is stable, and there is no freezing of major bank accounts. In 2021, the company obtained funds through the sale of five photovoltaic sub companies and repaid some high interest debt. The company’s high interest debt was significantly alleviated and is planned to be fully paid off in 2022. The company has the ability of sustainable operation and will complete the optimization of asset liability structure in 2022. There is no case of risk warning being implemented again.