002045SZSE

Announcement on the 2026 Salary Plan for Directors and Senior Management

GUOGUANG ELECTRIC COMPANY LIMITED·April 20, 2026

✨ AI Summary

Guoguang Electric Corporation's Board of Directors approved the 2026 Salary Plan for Directors and Senior Management. The plan, pending shareholder approval, outlines salary structures based on responsibility, market competitiveness, and performance. Key figures include a Chairman's base salary of RMB 1.5 million and performance bonuses up to RMB 300 million. Senior management salaries also include base and performance components, with the President potentially earning up to RMB 1.2 million base and RMB 2 million performance-based pay.

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Guoguang Electric Corporation Announcement on the 2026 Salary Plan for Directors and Senior Management Securities Code: 002045 Securities Abbreviation: Guoguang Electric Code: 2026-24

The Company and all members of the 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.

Guoguang Electric Corporation (hereinafter referred to as the "Company" or "Guoguang Electric") held the 25th meeting of the 11th Board of Directors on April 17, 2026, and reviewed and approved the "Proposal on the 2026 Director Salary Plan" and the "Proposal on the 2026 Senior Management Salary Plan". All directors abstained from voting on the "Proposal on the 2026 Director Salary Plan", which requires submission to the Company's 2025 Annual General Meeting for review. The specific details are hereby announced as follows:

I. 2026 Salary (Allowance) Plan for Directors and Senior Management

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