Gelonghui October 8th | Guoguang Electric (688776.SH) announced that on October 8, 2024, the company received a letter of commitment from the company's controlling shareholder Xinyu Huanya Nojin Enterprise Management Co., Ltd. (referred to as "Xinyu Huanya") and the company's actual controller Mr. Zhang Ya and Ms. Zhou Wenmei, regarding the voluntary commitment not to reduce the company's shares. The relevant situation is now announced as follows:

Based on confidence in the company's future development and recognition of the company's intrinsic value, and in order to enhance the confidence of investors, effectively protect the rights and interests of investors and the stability of the capital markets, the company's controlling shareholder Xinyu Huanya and the company's actual controller Mr. Zhang Ya and Ms. Zhou Wenmei voluntarily commit not to reduce the company's shares held directly or indirectly in any way in the next 12 months (from October 9, 2024 to October 9, 2025).