Announcement on Company and Subsidiaries Using Own Funds to Purchase Wealth Management Products
Stock Code: 002045 Stock Abbreviation: Guoguang Electric Announcement No.: 2026-19
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.
Guoguang Electric Co., Ltd. (hereinafter referred to as the "Company") held the 25th meeting of the 11th Board of Directors on April 17, 2026, and reviewed and approved the "Proposal on the Company and its Subsidiaries Using Own Funds to Purchase Wealth Management Products" with 7 votes in favor, 0 votes against, and 0 abstentions. To improve the utilization efficiency of the Company's own funds and increase financial returns, it is agreed that the Company and its subsidiaries will engage in the business of purchasing wealth management products from financial institutions. The total amount of wealth management products purchased at any point in time within the validity period of this entrustment shall not exceed 40% of the net assets of the Company's most recent audited consolidated financial statements. The business will be carried out in accordance with the Company's "Wealth Management Management System". This proposal is subject to the approval of the 2025 Shareholders' Meeting. The validity period of the quota shall be from the date of approval by the Shareholders' Meeting until the date of the Shareholders' Meeting to review the use of own funds by the Company and its subsidiaries to purchase wealth management products in the following year. The relevant matters are announced as follows: