Guoguang Electric announced that the company, Guangzhou Libao, Yibin Tianyuan Group Co., Ltd. and others intend to sign a “Supplementary Agreement on the Repurchase Matters of Yibin Libao New Materials Co., Ltd.” to agree on the subject of the repurchase rights holder, the time of the repurchase, the annual interest rate of investment income and other conditions to ease the repurchase obligations that the company may face in the near future. Zheng Yamin, vice president of the company, holds the position of director of Guangzhou Libao. This transaction is a related transaction. It does not involve avoidance by related directors, does not constitute a major asset restructuring, and still needs to be submitted to the company's shareholders' meeting for review. The company will hold the 2026 First Extraordinary Shareholders' Meeting on November 23, 2026 to review the relevant transaction bill using a combination of on-site and online voting.

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