002045SZSE

Rules of Procedure for the Board of Directors (November 2025)

GUOGUANG ELECTRIC COMPANY LIMITED··16 pages

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Guoguang Electric Power Co., Ltd. has updated its "Rules of Procedure for the Board of Directors" to enhance corporate governance and standardize board operations. The revised rules, effective November 2025, detail director eligibility, duties, and resignation procedures. Key provisions include restrictions on individuals with past financial misconduct and requirements for directors to act in the company's best interest, ensuring fair treatment of shareholders and stakeholders.

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Guoguang Electric Power Co., Ltd. Rules of Procedure for the Board of Directors

Chapter 1 General Provisions

Article 1 To further improve the corporate governance structure of Guoguang Electric Power Co., Ltd. (hereinafter referred to as the "Company"), standardize the procedures for the board of directors' meetings and decision-making, and ensure that the board makes decisions efficiently, scientifically, and safely, these Rules are formulated in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Administrative Measures for Independent Directors of Listed Companies" (hereinafter referred to as the "Measures"), the "Shenzhen Stock Exchange Main Board Listed Company Self-Regulatory Management Guide No. 1 - Normative Operation of Main Board Listed Companies" (hereinafter referred to as the "Normative Operation"), the "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), and other relevant laws, regulations, and the "Articles of Association of Guoguang Electric Power Co., Ltd." (hereinafter referred to as the "Articles of Association").

Article 2 The Board of Directors is the executive and operational decision-making body of the Company and is accountable to the Shareholders' Meeting. The Board of Directors shall perform its duties as stipulated by relevant laws, regulations, and the Articles of Association, ensure that the Company complies with laws, regulations, and the Articles of Association, treat all shareholders fairly, and pay attention to the interests of other stakeholders.

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