Explanation from the Company's Board of Directors Regarding Stock Price Fluctuations Before This Transaction Announcement

✨ AI Summary

The announcement details the stock price fluctuations of Guangzhou Zhiguang Electric Co., Ltd. prior to a planned acquisition of 27.18% of Guangzhou Zhiguang Energy Technology Co., Ltd. The stock was suspended from trading on September 29, 2025. Over the 20 trading days before the suspension, the stock price increased by 20.21%, which is not considered abnormal.

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