Announcement on the Progress of Using Temporarily Idle Raised Funds for Cash Management
Stock Code: 002045 Stock Abbreviation: Guangkong Electric Announcement No.: 2026-5
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 representations, misleading statements, or material omissions.
Guangkong Electric Co., Ltd. (hereinafter referred to as the "Company") held the 23rd meeting of the 11th Board of Directors on December 22, 2025, and deliberated and approved the "Proposal on Using Temporarily Idle Raised Funds for Cash Management." The Company is permitted to use no more than 82,500.00 million RMB of temporarily idle raised funds for cash management within 12 months from the date of approval by the Board of Directors. Within the aforementioned amount and period, the funds can be used in a revolving manner, and the holding period for any single wealth management product shall not exceed 12 months. For detailed information, please refer to the "Announcement on Using Temporarily Idle Raised Funds for Cash Management" disclosed by the Company on CNI Information Network, Securities Daily, and China Securities Journal on December 23, 2025 (Announcement No.: 2025-88).
The Company hereby announces the recent progress of using temporarily idle raised funds for cash management:
I. Basic Information on Purchased Wealth Management Products
The main details of the recently purchased products are as follows:
| Company Name | Contracting Party | Product Name | Product Type | Subscription Amount (RMB Million) | Source of Funds | Start Date | End Date |
|---|---|---|---|---|---|---|---|
| Guangkong Electric Co., Ltd. | China CICC Wealth Securities Co., Ltd. | China CICC Wealth Securities Anxiang 1099 | Fixed Income | 2,200 | Raised Funds | Feb 13, 2026 | Mar 23, 2026 |