Guangdong Guanghong Electronics Co., Ltd. Special Verification Report on Deductions from Operating Revenue - Tianheng Special Word (2026) No. 00618

[ { "company_name": "Guangdong Guoguang Electric Co., Ltd.", "report_title": "Special Verification Report on Deductions from Operating Revenue", "report_number": "Tianheng Special Word (2026) No. 00618", "accounting_firm": "Tianheng Certified Public Accountants (Special General Partnership)", "year": "2025", "recipient": "All Shareholders of Guangdong Guoguang Electric Co., Ltd.:", "introduction": "We were engaged to perform a special verification of the attached '2025 Operating Revenue Deduction Table' (hereinafter referred to as the 'Operating Revenue Deduction Table') prepared by the management of Guangdong Guoguang Electric Co., Ltd. (hereinafter referred to as 'Guoguang Electric') based on our audit of Guoguang Electric's consolidated and parent company balance sheets as of December 31, 2025, and its consolidated and parent company income statements, cash flow statements, statements of changes in owners' equity, and notes to the financial statements for the year ended December 31, 2025.", "management_responsibility_heading": "Management's Responsibility", "management_responsibility_text": "Management of Guoguang Electric is responsible for preparing the Operating Revenue Deduction Table in accordance with the relevant provisions of the 'Shenzhen Stock Exchange Stock Listing Rules' (hereinafter referred to as the 'Listing Rules') and the 'Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling' (hereinafter referred to as the 'Supervision Guidelines'), and for ensuring that its content is true, accurate, and complete, and does not contain any false records, misleading statements, or material omissions.", "auditor_responsibility_heading": "Auditor's Responsibility", "auditor_responsibility_text": "Our responsibility is to express an assurance conclusion on the Operating Revenue Deduction Table prepared by the management of Guoguang Electric based on our performance of assurance procedures. We performed the assurance engagement in accordance with the 'China Certified Public Accountants' Other Assurance Services Practice Standard No. 3101 - Assurance Engagements Other Than Audits or Reviews of Historical Financial Information'. This standard requires us to comply with professional ethics, plan and perform the assurance engagement to obtain reasonable assurance about whether the Operating Revenue Deduction Table is prepared in all material respects in accordance with the relevant provisions of the 'Shenzhen Stock Exchange Stock Listing Rules' and the 'Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling', and truthfully reflects Guoguang Electric's operating revenue deduction situation for the year 2025. In performing the assurance engagement, we implemented verification procedures that we considered necessary, including vouching, inquiry, and sampling of accounting records, in conjunction with the actual situation of Guoguang Electric.", "assurance_conclusion_heading": "Auditor's Conclusion", "assurance_conclusion_text": "We believe that our assurance engagement provides a reasonable basis for our verification opinion. In our opinion, the Operating Revenue Deduction Table prepared by the management of Guoguang Electric is prepared in all material respects in accordance with the relevant provisions of the 'Shenzhen Stock Exchange Stock Listing Rules' and the 'Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling', and truthfully reflects Guoguang Electric's operating revenue deduction situation for the year 2025. This verification report is for the sole use of Guoguang Electric for disclosing operating revenue deduction matters and the net operating revenue amount after deductions, and shall not be used for any other purpose.", "signature_page_note": "(This page is intentionally left blank, and is the signature page for the Special Verification Report on Deductions from Operating Revenue of Guangdong Guoguang Electric Co., Ltd., Tianheng Special Word (2026) No. 00618)", "firm_signature": "Tianheng Certified Public Accountants (Special General Partnership)", "cpa_name_1": "Jin Wei", "cpa_title_1": "(Project Partner)", "location": "Nanjing, China", "cpa_name_2": "Wang Wei", "date": "April 17, 2026", "operating_revenue_deduction_table_title": "Guangdong Guoguang Electric Co., Ltd. 2025 Annual Operating Revenue Deduction Table", "table_introduction": "In accordance with the relevant provisions of the 'Shenzhen Stock Exchange Stock Listing Rules' (hereinafter referred to as the 'Listing Rules') and the 'Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Business Handling' (hereinafter referred to as the 'Supervision Guidelines'), the company's operating revenue deduction situation and the net operating revenue amount after deductions for the year 2025 are hereby explained as follows:", "prepared_by": "Prepared by: Guangdong Guoguang Electric Co., Ltd.", "deduction_table": [ { "item": "Operating Revenue Amount", "current_year_amount_万元": "790,779.26", "current_year_deduction_details": "", "previous_year_amount_万元": "790,134.29", "previous_year_deduction_details": "" }, { "item": "Total Amount of Operating Revenue Deduction Items", "current_year_amount_万元": "15,731.94", "current_year_deduction_details": "", "previous_year_amount_万元": "14,425.79", "previous_year_deduction_details": "" }, { "item": "Proportion of Total Operating Revenue Deduction Items to Operating Revenue", "current_year_amount_万元": "1.99%", "current_year_deduction_details": "", "previous_year_amount_万元": "1.83%", "previous_year_deduction_details": "" } ], "section_1_heading": "I. Revenue from Business Unrelated to Main Business", "section_1_table": [ { "item": "1. Other business revenue outside of normal operations.", "current_year_amount_万元": "15,731.94", "current_year_details": "Leasing and raw materials sales revenue", "previous_year_amount_万元": "14,425.79", "previous_year_details": "Leasing and raw materials sales revenue" }, { "item": "2. Revenue from quasi-financial business income newly added in the current and previous fiscal years, for which the company lacks qualifications.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "3. Revenue generated from new trading businesses in the current and previous fiscal years.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "4. Revenue from related party transactions unrelated to the listed company's existing normal business operations.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "5. Revenue from the date of the initial consolidation to the date of consolidation for subsidiaries of enterprises under common control.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "6. Revenue from businesses that have not formed or are difficult to form a stable business model.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "Subtotal of Revenue from Business Unrelated to Main Business", "current_year_amount_万元": "15,731.94", "current_year_details": "", "previous_year_amount_万元": "14,425.79", "previous_year_details": "" } ], "section_2_heading": "II. Revenue Lacking Commercial Substance", "section_2_table": [ { "item": "1. Revenue generated from transactions or events that do not significantly alter the risks, time distribution, or amount of the enterprise's future cash flows.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "2. Revenue generated from transactions lacking genuine business substance.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "3. Revenue generated from businesses with unfair transaction prices.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "4. Revenue generated from subsidiaries or businesses acquired in the current fiscal year through consideration that is significantly unfair or through non-transactional means.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "5. Revenue related to non-standard audit opinions.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "6. Revenue from other transactions or events lacking commercial reasonableness.", "current_year_amount_万元": null, "current_year_details": "", "previous_year_amount_万元": null, "previous_year_details": "" }, { "item": "Subtotal of Revenue Lacking Commercial Substance", "current_year_amount_万元": "-", "current_year_details": "", "previous_year_amount_万元": "-", "previous_year_details": "" } ], "section_3_heading": "III. Other Revenue Unrelated to Main Business or Lacking Commercial Substance", "net_revenue_after_deductions_heading": "Net Operating Revenue After Deductions", "net_revenue_after_deductions_table": [ { "item": "Net Operating Revenue After Deductions", "current_year_amount_万元": "775,047.32", "current_year_details": "", "previous_year_amount_万元": "775,708.50", "previous_year_details": "" } ] } ]