Guoguang Electric Power Co., Ltd.
Management Measures for Raised Funds
Chapter 1 General Provisions
Article 1 To regulate the management and use of raised funds by Guoguang Electric Power Co., Ltd. (hereinafter referred to as the "Company"), ensure the safety of raised fund usage, and improve the efficiency and effectiveness of raised fund utilization, these Measures are formulated in accordance with the "Company Law," "Securities Law," "Stock Listing Rules of the Shenzhen Stock Exchange," "Supervision Rules for Listed Company Raised Funds," "Shenzhen Stock Exchange Main Board Listed Company Normative Operation" (hereinafter referred to as the "Normative Operation"), other relevant regulations, and the Company's actual situation.
Article 2 Raised funds refer to funds raised by the Company from investors through the issuance of shares or other equity-based securities for specific purposes, excluding funds raised by the Company for the implementation of equity incentive plans. Excess raised funds refer to the portion of the net amount of actual raised funds that exceeds the planned amount of raised funds.
Article 3 The Company shall prudently use raised funds, ensure that the use of raised funds is consistent with the commitments in the application documents for issuance, and shall not arbitrarily change the investment direction of raised funds. The Company shall disclose the actual use of raised funds truthfully, accurately, and completely in accordance with relevant regulations. In the event of circumstances that seriously affect the normal progress of the raised fund investment plan, an announcement shall be made in a timely manner.