I. Definition
This independent financial advisory report is based on the "Company Law," "Securities Law," "Management Measures," "Listing Rules," and other relevant regulations. It provides relevant information based on the independent financial advisory report, to assist Yangguang Electric Co., Ltd. in understanding the relevant matters.
II. Statement
This independent financial advisory report is based on the "Company Law," "Securities Law," "Management Measures," "Listing Rules," and other relevant regulations. The independent financial advisory report guarantees that the information provided is true, accurate, and complete, with no false representation or misleading statements. The independent financial advisory report does not assume any risk.
III. Basic Assumptions
The assumptions established in this independent financial advisory report are as follows: