002045SZSE

Announcement on the Progress of Using Temporarily Idle Raised Funds for Cash Management

GUOGUANG ELECTRIC COMPANY LIMITED··8 pages

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Guoguang Electric announced its progress in using temporarily idle raised funds for cash management. The company is investing up to 82,500 million yuan in fixed-income wealth management products. Recent purchases total 37,000 million yuan, with maturities up to 12 months. This initiative aims to improve fund utilization efficiency and increase company revenue without impacting raised fund projects or operations.

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Announcement on the Progress of Using Temporarily Idle Raised Funds for Cash Management

Securities Code: 002045 Securities Abbreviation: Guoguang Electric

The Company and all members of its Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed herein, and that there are no false records, misleading statements, or significant omissions.

Guoguang Electric Corporation (hereinafter referred to as the "Company") held the 23rd meeting of the 11th Board of Directors on December 22, 2025, and reviewed and approved the "Proposal on Using Temporarily Idle Raised Funds for Cash Management." The proposal allows the Company to use no more than 82,500.00 million yuan 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, with the holding period for each wealth management product not exceeding 12 months. For details, please refer to the "Announcement on Using Temporarily Idle Raised Funds for Cash Management" disclosed by the Company on Juchao Information Network, Securities Daily, and China Securities Journal on December 23, 2025 (Announcement No.: 2025-88).

The Company hereby announces the recent matters regarding the use of temporarily idle raised funds for cash management:

I. Basic Situation of Purchasing Wealth Management Products

The main products recently purchased are as follows:

Company NameContracting PartyProduct NameProduct TypeSubscription Amount (Million Yuan)Source of FundsStart DateEnd Date
Guoguang Electric CorporationChina CICC Wealth Securities Co., Ltd.Guoguang Electric Wealth Securities Anxiang 1086 Wealth Management CertificateFixed Income Certificate13,500Raised Funds2026-01-262026-03-10
Guoguang Electric CorporationChina CICC Wealth Securities Co., Ltd.Guoguang Electric Wealth Securities Anxiang 1084 Wealth Management CertificateFixed Income Certificate5,500Raised Funds2026-01-262026-07-13
Guoguang Electric CorporationChina CICC Wealth Securities Co., Ltd.Guoguang Electric Wealth Securities Anxiang 1085 Wealth Management CertificateFixed Income Certificate3,500Raised Funds2026-01-262026-04-13
Guoguang Electric CorporationYuekai Securities Co., Ltd.Zunke Yuexiang 68 - Yuekai Securities Fixed Income Wealth Management CertificateFixed Income Certificate3,000Raised Funds2026-01-262026-12-15
Guoguang Electric CorporationNomura Oriental International Securities Co., Ltd.Nomura Oriental International Securities Fixed Rate Income Wealth Management CertificateFixed Income Certificate5,500Raised Funds2026-01-232026-10-26
Guoguang Electric CorporationChina CICC Wealth Securities Co., Ltd.Guoguang Electric Wealth Securities Yuanquan 51 Wealth Management CertificateFixed Income Certificate7,000Raised Funds2026-01-232026-12-15

II. Wealth Management Product Risk Warning

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