Guoguang Electric Corporation has opened a special settlement account for cash management of its raised funds. The company raised RMB 1,375,375,037.52 and plans to use up to RMB 780,000,000.00 for cash management. This initiative aims to improve fund utilization and increase revenue without impacting investment projects or daily operations. The account will be used solely for managing idle raised funds.
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Guoguang Electric Corporation
Announcement on Opening a Special Settlement Account for Cash Management of Raised Funds Securities Code: 002045 Securities Abbreviation: Guoguang Electric Serial Number: 2025-83 The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
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