002045SZSE

2025 Annual Report on the Storage and Use of Raised Funds

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This report details Guoguang Electric Co., Ltd.'s storage and use of raised funds for 2025. The company raised RMB 1,378,598,595.72 in 2023. In 2025, RMB 268,385,294.88 was invested in projects. As of December 31, 2025, the balance of raised funds was RMB 1,115,362,293.35, with RMB 61,735,042.89 held in special accounts. The company confirms strict compliance with regulations regarding fund usage and disclosure.

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Guoguang Electric Co., Ltd.

2025 Annual Report on the Storage and Use of Raised Funds

Securities Abbreviation: Guoguang Electric Securities Code: 002045 Report No.: 2026-20

The Company and all members of its 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 material omissions.

In accordance with the "Supervision Regulations for the Fundraising of Listed Companies" issued by the China Securities Regulatory Commission and the "Code of Conduct for Main Board Listed Companies" issued by the Shenzhen Stock Exchange, this report outlines the storage and use of raised funds by Guoguang Electric Co., Ltd. (hereinafter referred to as the "Company") for the year 2025.

I. Basic情况 of Raised Funds

Amount of funds raised and date of receipt for the targeted private placement in 2023

  1. Amount of Raised Funds and Date of Receipt

With the approval of the China Securities Regulatory Commission's Certificate of Approval (2023) No. 1983 and the Shenzhen Stock Exchange, the Company has completed the targeted private placement of shares in 2023. A total of 99,718,919 shares were issued at a price of RMB 13.88 per share, raising a total of RMB 1,384,098,595.72. After deducting underwriting and sponsorship fees of RMB 5,500,000.00, the remaining balance of RMB 1,378,598,595.72 has been transferred to the Company's designated account. This raised capital has been audited by Tianheng Certified Public Accountants (Special General Partnership), who issued an "Audit Report" (Tianheng Audit Word [2023] No. 00132) on December 14, 2023. The Company has implemented a special account management system for the raised funds. The net amount of raised funds after deducting issuance-related expenses of RMB 8,723,558.20 (excluding tax) is RMB 1,375,375,037.52.

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