Guoguang Electric optimizes returns through idle funds management

Guoguang Electric Co. announced its strategy of utilizing temporarily idle raised funds for cash management, following a board resolution on December 22, 2025. The company is authorized to use up to CNY 82,500 in idle funds for cash management over a 12-month period, with funds allowed for rolling use and individual product holding periods not exceeding 12 months. This initiative aims to improve capital efficiency and generate additional returns without impacting primary investment projects or altering the use of raised funds.

Recently, Guoguang Electric purchased a "Yinghe Jinshan" income certificate (14120期), a fixed-income product, from China Galaxy Securities Co. The investment amount was CNY 4,700, sourced from raised funds. This product began on December 25, 2025, and matures on January 13, 2026. The company emphasizes a cautious approach, rigorously selecting high-safety investment products and monitoring market developments to mitigate potential risks.

As of December 24, 2025, Guoguang Electric and its subsidiaries have 17 outstanding cash management products using temporarily idle raised funds, totaling CNY 81,785.29. This amount remains within the approved limit of CNY 82,500, demonstrating adherence to the board's resolution. The company affirms these activities do not alter the intended use of the raised funds or jeopardize shareholder interests.