Market Overview - On September 30, the lighting equipment sector rose by 0.34% compared to the previous trading day, with Qunshang Co., Ltd. leading the gains [1] - The Shanghai Composite Index closed at 3882.78, up 0.52%, while the Shenzhen Component Index closed at 13526.51, up 0.35% [1] Stock Performance - Qunshang Co., Ltd. (002638) closed at 2.78, with a significant increase of 9.88% and a trading volume of 656,900 shares, amounting to 180 million yuan [1] - Other notable performers included: - Xiaosong Co., Ltd. (002723) with a closing price of 9.86, up 4.01% [1] - *ST Xingguang (002076) at 1.90, up 2.15% [1] - Debang Lighting (603303) at 13.51, up 1.58% [1] - Lianyu Co., Ltd. (001326) at 47.47, up 0.83% [1] Capital Flow - The lighting equipment sector saw a net inflow of 53.3 million yuan from institutional investors, while retail investors experienced a net outflow of 11.9 million yuan [2] - The main capital flow details indicate: - Qunshang Co., Ltd. had a net inflow of 73.2 million yuan from institutional investors, accounting for 40.67% of its total trading [3] - Xiaosong Co., Ltd. had a net inflow of 16.2 million yuan, representing 6.84% [3] - Ocean King (002724) saw a net inflow of 7.0 million yuan, making up 13.98% [3]

Core Insights - The lighting equipment sector experienced a 1.09% increase on September 29, with Lida Xin leading the gains [1] - The Shanghai Composite Index closed at 3862.53, up 0.9%, while the Shenzhen Component Index closed at 13479.43, up 2.05% [1] Stock Performance - Lida Xin (605365) closed at 15.39, up 4.27% with a trading volume of 57,100 shares and a transaction value of 87.31 million yuan [1] - Minbao Optoelectronics (301362) closed at 44.28, up 3.94% with a trading volume of 14,400 shares [1] - Qinsong Co. (002638) closed at 2.53, up 2.85% with a trading volume of 429,200 shares [1] - Xiaosong Co. (002723) closed at 9.48, up 2.60% with a trading volume of 188,100 shares [1] - Sanxiong Aurora (300625) closed at 12.18, up 1.67% with a trading volume of 22,300 shares [1] - ST Xingguang (002076) closed at 1.86, up 1.09% with a trading volume of 226,100 shares [1] - Lianyu Co. (001326) closed at 47.08, up 0.86% with a trading volume of 18,200 shares [1] - Debang Lighting (603303) closed at 13.30, up 0.83% with a trading volume of 15,700 shares [1] - OPPLE Lighting (603515) closed at 17.37, up 0.52% with a trading volume of 9,706 shares [1] - Foshan Lighting (000541) closed at 6.33, up 0.16% with a trading volume of 152,300 shares [1] Capital Flow - The lighting equipment sector saw a net inflow of 6.71 million yuan from institutional investors, while retail investors contributed a net inflow of 10.16 million yuan [2] - Speculative funds experienced a net outflow of 16.87 million yuan [2] Individual Stock Capital Flow - Lida Xin (605365) had a net inflow of 14.57 million yuan from institutional investors, but a net outflow of 8.13 million yuan from speculative funds [3] - Qinsong Co. (002638) saw a net inflow of 5.85 million yuan from institutional investors, with a net outflow of 7.57 million yuan from speculative funds [3] - Xiaosong Co. (002723) had a net inflow of 4.42 million yuan from institutional investors, while speculative funds experienced a net outflow of 9.27 million yuan [3] - Sanxiong Aurora (300625) had a net inflow of 2.31 million yuan from institutional investors, with a minor net outflow from speculative funds [3] - OPPLE Lighting (603515) had a net inflow of 0.83 million yuan from institutional investors, with a net outflow from speculative funds [3] - Minbao Optoelectronics (301362) experienced a slight net outflow from institutional investors, but a net inflow from speculative funds [3] - Debang Lighting (603303) had a net outflow from both institutional and speculative funds, but a net inflow from retail investors [3] - Foshan Lighting (000541) and ST Xingguang (002076) both saw net outflows from institutional investors, with retail investors providing some support [3] - Lianyu Co. (001326) had a net outflow from institutional investors, but a net inflow from speculative funds [3]

Group 1 - The company will hold its fourth extraordinary general meeting of shareholders in 2025 on October 13, 2025, at 14:30 [3][45] - The meeting will be conducted both in-person and via online voting, allowing shareholders to participate through the Shenzhen Stock Exchange voting system [5][12] - The record date for shareholders to attend the meeting is September 29, 2025, and shareholders can register either in person or via mail/fax [6][11] Group 2 - The company plans to provide guarantees for its subsidiaries, with a total guarantee amount not exceeding RMB 75 million, which accounts for 25.87% of the company's audited net assets as of the end of 2024 [27][38] - The guarantees will cover various financing needs, including loans and credit facilities, and will be valid for 12 months from the date of approval [27][36] - The board of directors has approved the guarantee proposal, stating it aligns with the company's strategic needs and does not harm the interests of shareholders, especially minority shareholders [37][42] Group 3 - The company has decided to terminate its 2023 stock option incentive plan and cancel 35 million unexercised stock options due to changes in market conditions and business strategy [47][57] - The termination of the incentive plan is expected to have no significant adverse impact on the company's operations and will not harm the interests of shareholders [56][58] - The board has authorized the management to handle the necessary procedures for the termination and cancellation of the stock options [58][59]

Core Viewpoint - The company has decided to terminate the 2023 stock option incentive plan due to significant changes in the external market environment and adjustments in its business strategy, which have rendered the plan ineffective in motivating current core personnel [1] Group 1 - The 2023 stock option incentive plan was established in March 2023 [1] - Since the implementation of the plan, the external market environment has changed significantly compared to when the plan was formulated [1] - The company has adjusted its business strategy, leading to the conclusion that the incentive plan will not achieve its intended motivational goals and effects [1] Group 2 - The company plans to cancel a total of 35 million stock options that have been granted but not yet exercised [1] - All related documents associated with the incentive plan will also be terminated [1]

格隆汇9月26日丨*ST星光(002076.SZ)公布，公司于2023年3月制定了2023年股票期权激励计划(简称"本 激励计划")。本激励计划实施以来，公司所面临的外部市场环境与制定本激励计划时相比发生了较大变 化，同时公司根据战略规划对业务进行了调整，本激励计划已无法覆盖公司现任的核心人员。鉴于目前 市场环境和公司业务发展情况，若继续实施本激励计划，将难以达到预期的激励目的和效果。经审慎研 究，公司拟终止实施2023年股票期权激励计划，并注销全部已获授但尚未行权的股票期权3,500万份。 同时，与本激励计划配套的相关文件一并终止。 ...

证券代码：002076 证券简称：*ST 星光 公告编号：2025-083 广东星光发展股份有限公司 关于终止实施 2023 年股票期权激励计划暨注销已获授 但尚未行权的股票期权的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广东星光发展股份有限公司（以下简称"公司"）于 2025 年 9 月 26 日召开 公司第七届董事会第十四次会议，审议通过了《关于终止实施 2023 年股票期权 激励计划暨注销已获授但尚未行权的股票期权的议案》，拟终止实施 2023 年股 票期权激励计划，并注销已授予激励对象未行权的股票期权 3,500 万份，同时与 之相配套的《公司 2023 年股票期权激励计划》（以下简称"《激励计划》"） 及《公司 2023 年股票期权激励计划实施考核管理办法》（以下简称"《考核管 理办法》"）等相关文件一并终止。具体情况如下： 一、本次激励计划已履行的决策程序和信息披露情况 1、2023 年 3 月 2 日，公司召开第六届董事会第十四次会议，会议审议通过 了《公司 2023 年股票期权激励计划（草案）及其摘要》《公司 2023 年股票期权 ...

上海锦天城（广州）律师事务所 地 址：广州市天河区珠江西路5号广州国际金融中心第60层 电 话：+86 20 8928 1168 传 真：+86 20 8928 5188 邮 编：510623 释 义 关于 广东星光发展股份有限公司 终止实施2023年股票期权激励计划 暨注销已获授但尚未行权的股票期权的 法律意见书 在本法律意见书中，除非文义另有所指，下列词语具有以下含义： | 简称 | | 全称 | | --- | --- | --- | | 锦天城、本所 | | 指 上海锦天城（广州）律师事务所 | | 公司/上市公司/星光股份 | 指 | 广东星光发展股份有限公司，曾用名"广东雪莱特光电科技股份 有限公司" | | 本次激励计划、2023年 股票期权激励计划 | 指 | 广东星光发展股份有限公司2023年股票期权激励计划项目 | | 本次终止 | 指 | 经公司2025年第七届董事会第十四次会议审议通过的拟终止实施 2023年股票期权激励计划，同时与之相配套的《公司2023年股票 期权激励计划》及《公司2023年股票期权激励计划实施考核管理 | | | | 办法》等相关文件一并终止事项 | | 本次注销 ...

证券代码：002076 证券简称：*ST 星光 公告编号：2025-082 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 特别提示： 1、本次被担保对象佛山雪莱特光电科技有限公司、佛山市益光科技有限公 司最近一期财务报表数据显示资产负债率超过 70%，请投资者充分关注担保风险。 2、本次被担保对象为公司合并报表范围内的控股子公司，具有良好的发展 前景，公司对被担保对象具有绝对控制权，能够充分了解其经营情况，决策其投 资、融资等重大事项，担保风险可控，不存在损害公司及全体股东利益的情形。 一、担保情况概述 广东星光发展股份有限公司（以下简称"公司"）于 2025 年 9 月 26 日召开 了第七届董事会第十四次会议，审议通过了《关于公司为控股子公司提供担保的 议案》。为满足子公司日常经营发展及融资需要，公司拟为佛山雪莱特光电科技 有限公司、佛山市益光科技有限公司、广东星光神州量子科技有限公司、广东星 光智慧城市科技有限公司、广东星光能源发展有限公司等控股子公司提供担保， 合计担保额度不超人民币 7,500 万元，占公司 2024 年末经审计净资产的 25.87 ...

广东星光发展股份有限公司 关于召开公司 2025 年第四次临时股东会的通知 证券代码：002076 证券简称：*ST 星光 公告编号：2025-084 2、股东会召集人：公司董事会。经公司第七届董事会第十四次会议审议通 过，同意召开本次股东会。 3、会议召开的合法、合规性：本次会议的召集程序符合有关法律、行政法 规、部门规章、其他规范性文件和公司章程的规定。 4、会议召开日期、时间： 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 广东星光发展股份有限公司（以下简称"公司"）第七届董事会第十四次会 议审议通过了《关于召开公司 2025 年第四次临时股东会的议案》，现将本次股 东会的有关事项公告如下： 一、召开会议基本情况 1、股东会届次：2025 年第四次临时股东会。 通过深圳证券交易所互联网投票系统投票的具体时间为：2025 年 10 月 13 日上午 9:15 至 15:00 期间的任意时间。 5、现场会议地点：广东省佛山市南海区狮山工业科技工业园 A 区科技大道 东 4 号（公司会议室）。 1 ①现场会议召开时间：2025 年 10 月 13 日（星期一 ...

证券代码：002076 证券简称：*ST 星光 公告编号：2025-081 广东星光发展股份有限公司 第七届董事会第十四次会议决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚 假记载、误导性陈述或重大遗漏。 一、董事会会议召开情况 广东星光发展股份有限公司（以下简称"公司"）第七届董事会第十四次会 议于 2025 年 9 月 26 日以现场结合通讯表决方式在公司会议室召开，本次会议的 通知于 2025 年 9 月 23 日以邮件形式发出。本次会议由董事长戴俊威主持，应当 参加会议的董事 5 人，实际参加会议的董事 5 人（其中：独立董事倪振年以通讯 表决方式参加）。本次会议的召集、召开和表决程序及出席会议的董事人数符合 有关法律、行政法规、部门规章、规范性文件和《公司章程》的规定。公司部分 高级管理人员列席本次会议。 二、董事会会议审议情况 1、以 5 票同意、0 票反对、0 票弃权，审议通过了《关于公司为控股子公 司提供担保的议案》。本议案尚需提交公司股东会审议。 董事会同意子公司融资并由公司提供担保事项，本次担保符合公司整体战略 经营需要，符合上市公司和全体股东的中长期利益，不存 ...