Gowin New Energy Group Limited

Transaction in Own Shares • Sep 14, 2021

National Storage Mechanism | Additional information

RNS Number : 7406L

Gowin New Energy Group Limited

14 September 2021

Gowin New Energy Group Limited

("Gowin" or the "Company")

Loan Agreements Extension

Gowin announces that it has extended the repayment date of its unsecured Loan Agreements with four shareholders (the "Loan Agreement") who have supported the Company's development by providing funding for its general working capital purposes. The Company agreed with all four shareholders the terms of the Loan Agreements will remain the same with the exception of the extension of the repayment dates as follows:   

Shareholder Name	Loan Amount	Repayment Date	Interest Rate
SHU HSIANG WU 吳樹翔	£125,000	6 November 2022	2% (per annum)
CHENG-FENG TSAI 蔡政豐	£125,000	2 November 2022	2% (per annum)
CHIEN-MING CHENG 鄭建銘	£125,000	3 November 2022	2% (per annum)
CHIH-FENG CHAO 趙志峰	£125,000	29 October 2022	2% (per annum)

Under the terms of the Loan Agreement, the interest rate is 2% per annum and the loan is repayable by the Company in twelve months, extendable by mutual consent.

This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), and is disclosed in accordance with the Company's obligations under Article 17 of MAR.

The directors of Gowin New Energy Group Limited accept responsibility for this announcement.

For further information please visit company's website at www.gowingrp.com or contact the following:

Gowin New Energy Group Limited 

Garry Willinge

Tel: +852 9100 9972

Novum Securities Limited

AQSE Corporate Adviser

David Coffman / Daphne Zhang / Lucy Bowden

Tel: +44 (0)207 399 9400

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

NEXBZLFFFKLEBBB