Securities Code: 002045 Securities Abbreviation: Guoguang Electric Number: 2025-89 The Company and the entire 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 significant omissions.
Guoguang Electric Co., Ltd. (hereinafter referred to as the "Company") held the 23rd meeting of its 11th Board of Directors on December 22, 2025, and approved the "Proposal on Using Temporarily Idle Raised Funds for Cash Management." The Company agreed to use no more than RMB 825,000,000 of temporarily idle raised funds for cash management within 12 months from the date of approval by the Board of Directors. Funds can be used in a revolving manner within the aforementioned amount and period, and the holding period for individual wealth management products shall not exceed 12 months. For details, please refer to the relevant documents disclosed by the Company on December 23, 2025, on the Juchao Information Network (http://www.cninfo.com.cn).
In December 2025, the Company opened a special settlement account for cash management of raised funds at the Guangzhou Jinyu 2nd Street Securities Business Department of Founder Securities Co., Ltd. For details, please refer to the relevant documents disclosed by the Company on December 18, 2025, on the Juchao Information Network (http://www.cninfo.com.cn).
As of the disclosure date of this announcement, the Company, its sponsor, QunZhong Securities Underwriting and Sponsorship Co., Ltd., and the Guangzhou Jinyu 2nd Street Securities Business Department of Founder Securities Co., Ltd. have signed the "Tripartite Supervisory Agreement for the Special Settlement Account for Cash Management of Raised Funds" (hereinafter referred to as the "Tripartite Supervisory Agreement"). The signed Tripartite Supervisory Agreement has no significant differences from the tripartite supervisory agreement template of the Shenzhen Stock Exchange.
According to the Tripartite Supervisory Agreement, the Company is Party A, the account opening institution for the cash management of raised funds is Party B, and the sponsor is Party C. The main contents of the Tripartite Supervisory Agreement are as follows: