Hong De Energy: Announcement of Endorsement and Guarantee Matters by the Company and its Subsidiary Starlight Power Pursuant to Article 25, Paragraph 1, Subparagraph 4 of the Regulations Governing Funds Lending and Endorsements/Guarantees by Publicly Issued Companies

1. Date of occurrence: 115/05/11 2. Endorsed/Guaranteed Company: (1) Company Name: HUI JU ENERGY CO., LTD. (2) Relationship with the endorsing/guaranteeing company: The Company's indirectly held 67.23% owned subsidiary. (3) Limit of endorsement/guarantee (thousand yuan): 86,504,712 (4) Original balance of endorsement/guarantee (thousand yuan): 330,000 (5) Amount of new endorsement/guarantee (thousand yuan): 1,100,000 (6) Balance of endorsement/guarantee as of the date of occurrence (thousand yuan): 1,430,000 (7) Actual amount utilized by the endorsed/guaranteed company (thousand yuan): 330,000 (8) Reason for new endorsement/guarantee: To meet the operating fund needs of the subsidiary. (1) Company Name: HUI JU ENERGY CO., LTD. (2) Relationship with the endorsing/guaranteeing company: A wholly-owned subsidiary of Starlight Power. (3) Limit of endorsement/guarantee (thousand yuan): 4,566,060 (4) Original balance of endorsement/guarantee (thousand yuan): 3,500,000 (5) Amount of new endorsement/guarantee (thousand yuan): 3,500,000 (6) Balance of endorsement/guarantee as of the date of occurrence (thousand yuan): 7,000,000 (7) Actual amount utilized by the endorsed/guaranteed company (thousand yuan): 2,939,972 (8) Reason for new endorsement/guarantee: To meet the operating fund needs of the subsidiary. 3. Collateral provided by the endorsed/guaranteed company: (1) Content: Pledge of 100% equity in Hui Ju Energy. (2) Value (thousand yuan): 1,504,362 4. Most recent financial statements of the endorsed/guaranteed company: (1) Capital (thousand yuan): 1,500,000 (2) Accumulated surplus/deficit amount (thousand yuan): 3,429 5. Conditions for release of endorsement/guarantee responsibility: (1) Conditions: Expiration of contract period or other conditions for release of guarantee responsibility have been met. (2) Date: Date when the contract period expires or other conditions for release of guarantee responsibility are met. 6. Total limit of endorsement/guarantee (thousand yuan): 86,504,712 7. As of the date of occurrence, balance of endorsement/guarantee (thousand yuan): 11,057,022 8. As of the date of occurrence, the ratio of the balance of endorsements/guarantees provided by A to the net worth of the publicly issued company in its most recent financial statements: 102.26 9. As of the date of occurrence, the ratio of the sum of balances of endorsements/guarantees, long-term investments, and fund lending to the net worth of the publicly issued company in its most recent financial statements: 116.52 10. Other matters to be stated: The company convened a board meeting before the expiration of the old agreement to approve the renewal. Therefore, there is a situation where the endorsement/guarantee balance is double-counted between the board approval date and the new contract start date. Keywords: Material Information