Guangzhou Zhiguang Electric Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
I. Contract Signing Situation
The Company's holding subsidiary, Guangzhou Zhiguang Energy Storage Technology Co., Ltd. (hereinafter referred to as "Zhiguang Energy Storage"), recently signed a procurement contract (hereinafter referred to as "the Contract") with China Power Construction Group Hebei Electric Power Survey and Design Institute Co., Ltd. (hereinafter referred to as "the Buyer") for a total amount of RMB 210,400,000.00, where the Buyer purchases energy storage equipment from Zhiguang Energy Storage. According to the Shenzhen Stock Exchange Listing Rules and the Company's Articles of Association, this matter does not require approval from the Company's Board of Directors or shareholders, does not constitute a related party transaction, and does not constitute a major asset reorganization as defined by the Administrative Measures for Major Asset Reorganizations of Listed Companies.