Announcement on Progress of Using Temporarily Idle Raised Funds for Cash Management
Stock Code: 002045 Stock Abbreviation: Guoguang Electric Announcement No.: 2026-12
The Company and all members of its board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false representations, misleading statements, or material omissions.
Guoguang Electric Corporation (hereinafter referred to as the "Company") held the 23rd meeting of the 11th Board of Directors on December 22, 2025, which deliberated and approved the "Proposal on Using Temporarily Idle Raised Funds for Cash Management." The proposal allows the Company to use no more than RMB 825,000,000 of temporarily idle raised funds for cash management within 12 months from the date of board approval. Within this amount and period, funds can be used in a revolving manner, and the holding period for any single wealth management product shall not exceed 12 months. For details, please refer to the "Announcement on Using Temporarily Idle Raised Funds for Cash Management" (Announcement No.: 2025-88) disclosed by the Company on the Juchao Information Network, Securities Daily, and China Securities Journal on December 23, 2025.
The Company hereby announces the recent progress of using temporarily idle raised funds for cash management:
I. Basic Information on Purchased Cash Management Products
The main products recently purchased are as follows:
| Company Name | Counterparty | Product Name | Product Type | Subscription Amount (RMB Million) | Source of Funds | Start Date | End Date |
|---|---|---|---|---|---|---|---|
| Guoguang Electric Corporation | China Galaxy Securities Co., Ltd. | "Galaxy Mountain" | Fixed Income | 25.00 | Raised Funds | March 25, 2026 | June 10, 2026 |
| Yield Certificate | |||||||
| 14180 |