Announcement on Receiving Administrative Supervision Measure Decision Letter from Guangdong Regulatory Bureau
Securities Code: 002045 Securities Abbreviation: Guoguang Electric Number: 2026-35
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 major omissions.
On May 22, 2026, Guoguang Electric Corporation (hereinafter referred to as "the Company" or "Guoguang Electric") received the "Decision on Taking Supervisory Warning Measures Against Guoguang Electric Corporation, Lu Hongda, He Weicheng, Xiao Qing, and Wang Jie" (No. [2026] 70) (hereinafter referred to as the "Decision Letter") issued by the Guangdong Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as the "Guangdong Regulatory Bureau"). The relevant situation is hereby announced as follows:
I. Content of the "Decision Letter"
Guoguang Electric Corporation, Lu Hongda, He Weicheng, Xiao Qing, Wang Jie:
Upon investigation, Guoguang Electric Corporation (hereinafter referred to as Guoguang Electric or the Company) has the following violations:
(I) Failure to timely disclose large investment income. Guangzhou Libao New Material Co., Ltd., an associate of Guoguang Electric, lost control of Yibin Libao New Material Co., Ltd. on September 21, 2023. Guoguang Electric generated a large investment income from this, but the company only disclosed this matter and the estimated impact amount in its third-quarter report on October 28, 2023. This conduct violated the first paragraph of Article 22 of the "Administrative Measures for Information Disclosure of Listed Companies" (CSRC Order No. 182).