Explanation of Confidentiality Measures and Confidentiality System for This Transaction by the Company's Board of Directors
Guangzhou Zhiguang Electric Co., Ltd. (hereinafter referred to as "Zhiguang Electric," "the listed company," or "the company") intends to acquire 27.18% equity in Guangzhou Zhiguang Energy Technology Co., Ltd. (hereinafter referred to as "Zhiguang Energy" or "the target company") through the issuance of shares and cash payment, while also issuing shares to no more than 35 specific investors to raise supporting funds (hereinafter referred to as "this transaction" or "this restructuring"). To prevent the leakage of sensitive information that could lead to abnormal fluctuations in stock prices and harm investor interests, the listed company and all parties involved in this transaction have implemented strict confidentiality measures and systems, as detailed below: