Core Viewpoint - Hunan Hengguang Technology Co., Ltd. is set to hold its fourth extraordinary general meeting of shareholders on December 11, 2025, to discuss several key governance and operational matters, including amendments to the company's articles of association and the initiation of commodity futures and foreign exchange hedging business for 2026 [1][4]. Group 1: Company Performance - As of November 25, 2025, Hengguang shares closed at 25.83 yuan, reflecting a 0.31% increase from the previous trading day, with a total market capitalization of 2.846 billion yuan [1]. - The stock opened at 25.85 yuan, reached a high of 26.33 yuan, and a low of 25.41 yuan, with a trading volume of 239 million yuan and a turnover rate of 8.79% [1]. Group 2: Upcoming Shareholder Meeting - The extraordinary general meeting will include discussions on revising the company's articles of association and several governance-related proposals, including the approval of a comprehensive credit limit and guarantee limit for the company and its subsidiaries [1]. - The meeting will also address the election of non-independent directors, with three specific proposals requiring a two-thirds majority of the voting rights held by attending shareholders for approval [1]. Group 3: Governance Revisions - The company has announced multiple revisions to its governance documents, including the articles of association and various management systems, which are scheduled for discussion at the upcoming shareholder meeting [2][4]. - Key documents being revised include the management measures for hedging business, the investor relations management system, and the rules for shareholder meetings [2][4].

Core Points - The company announced the convening of the 17th meeting of the fifth board of directors on November 24, 2025 [1] - The board approved the proposal to elect a non-independent director [1] - Mr. Li Songyang has been nominated as a candidate for the non-independent director position [1]

Core Viewpoint - Hengguang Co., Ltd. (301118) announced that the company has no overdue external guarantees, no guarantee amounts involved in litigation, and no losses incurred due to guarantee-related judgments [1] Group 1 - The company confirmed the absence of overdue external guarantees [1] - There are no guarantee amounts currently involved in any litigation [1] - The company has not been subject to any judgments resulting in losses due to guarantees [1]

Core Viewpoint - The company plans to engage in commodity futures and foreign exchange hedging activities in 2026 to mitigate the impact of raw material price fluctuations and significant exchange rate volatility on its operational costs and financial stability [1] Group 1 - The company aims to reduce the impact of raw material price volatility on its production and operational costs [1] - The company seeks to prevent adverse effects from significant exchange rate fluctuations on its operational results [1] - The initiative is intended to enhance the company's financial stability [1]

Core Viewpoint - The company has approved the use of idle raised funds for cash management, emphasizing safety and liquidity in investment choices [1] Group 1: Company Actions - The company will utilize up to 150 million yuan of temporarily idle raised funds for cash management [1] - Investments will be made in low-risk, high-liquidity products such as structured deposits and large-denomination certificates of deposit [1] - The board's decision is valid for 12 months from the date of approval, allowing for rolling use of funds within the specified limit [1] Group 2: Impact and Assurance - The company assures that this action will not affect the progress of investment projects funded by the raised capital or normal business operations [1] - Risk control measures have been established to ensure the safety of the funds [1]

Core Viewpoint - Hengguang Co., Ltd. announced the resignation of non-independent director Li Zhengjiao due to personal reasons, effective immediately, with no direct shareholding in the company [1] Group 1 - Li Zhengjiao's resignation includes his position on the Board of Directors and the Audit Committee [1] - His original term was set from April 9, 2024, to April 9, 2027 [1] - Li Zhengjiao indirectly held 5.379 million shares of Hengguang Co., Ltd. through the controlling shareholder, Hunan Hongjiang Hengguang Investment Management Co., Ltd. [1] Group 2 - Until a new Audit Committee member is elected, Li Zhengjiao will continue to fulfill his responsibilities as a director and committee member according to relevant regulations [1]

上述募集资金已于 2021 年 11 月 11 日划至公司指定账户。天职国际会计事务 所（特殊普通合伙）对募集资金到位情况进行了审验并出具《验资报告》（天职 业字[2021]43057 号）。 二、募集资金使用情况 根据公司《首次公开发行股票并在创业板上市招股说明书》及后续调整、变 更，截至 2025 年 9 月 30 日，公司募集资金使用情况如下： 西部证券股份有限公司（以下简称"西部证券"、"保荐人"）作为湖南恒 光科技股份有限公司（以下简称"恒光股份"、"公司"）首次公开发行股票并 在创业板上市的保荐人，根据《证券发行上市保荐业务管理办法（2025 修正）》 《深圳证券交易所创业板股票上市规则（2025 年修订）》《深圳证券交易所上市 公司自律监管指引第 2 号——创业板上市公司规范运作（2025 年修订）》《上市 公司募集资金监管规则》等相关规定，对恒光股份使用暂时闲置募集资金进行现 金管理的事项进行了审慎核查，核查情况及核查意见如下： 一、首次公开发行股票募集资金基本情况 经中国证券监督管理委员会《关于同意湖南恒光科技股份有限公司首次公开 发行股票注册的批复》（证监许可[2021]3257 号）同意 ...

湖南恒光科技股份有限公司 投资者关系管理制度 （2025 年 11 月修订） 第一章 总则 第一条 为了进一步加强湖南恒光科技股份有限公司（以下简称"公司"） 与投资者和潜在投资者（以下统称"投资者"）之间的沟通，促进投资者对公司 的了解，进一步完善公司法人治理结构，实现公司价值和股东利益的最大化，根 据《中华人民共和国公司法》、《中华人民共和国证券法》等有关法律、法规并 参照《深圳证券交易所创业板上市公司规范运作指引》及《湖南恒光科技股份有 限公司章程》的规定，结合公司实际情况，制定本制度。 第二条 投资者关系管理是指公司通过信息披露与交流等各种投资者关系活 动,加强与投资者的沟通,增进投资者对公司的了解和认同,提升公司治理水平, 以实现公司整体利益最大化和保护投资者合法权益的管理行为。 第三条 投资者关系管理的目的： （一）促进公司与投资者之间的良性关系,增进投资者对公司的进一步了解 和熟悉。 （二）建立稳定和优质的投资者基础,获得长期的市场支持。 （三）形成服务投资者、尊重投资者的企业文化。 （四）促进公司整体利益最大化和股东财富增长并举的投资理念。 （五）增加公司信息披露透明度,改善公司治理。 第四条 ...

第一章 总则 第一条 为规范湖南恒光股份科技有限公司（以下简称"公司"）及其子 公司的套期保值业务，有效防范和控制风险，加强对套期保值业务的管理，根 据《中华人民共和国证券法》《上市公司信息披露管理办法》《深圳证券交易所 上市公司自律监管指引第 2 号——创业板上市公司规范运作》《深圳证券交易所 上市公司自律监管指引第 7 号——交易与关联交易》、期货交易所有关期货套期 保值交易规则等相关法律法规、规范性文件和《公司章程》的规定，结合公司 实际情况，制定本制度。 第二条 本制度所称的套期保值业务包括金融衍生品套期保值业务及商品 期货套期保值业务。 金融衍生品套期保值业务是指为满足公司正常经营或业务需要，与境内外具 有相关业务经营资质的金融机构开展的用于规避和防范汇率或利率风险的各项 业务，包括但不限于远期结售汇、外汇掉期、外汇期权、利率掉期、利率期权、 货币互换、货币掉期及其组合等衍生产品业务。 湖南恒光科技股份有限公司 套期保值业务管理制度 （2025 年 11 月修订） 商品期货套期保值业务是以规避公司生产经营中的商品价格风险为目的，从 事买进或卖出交易所期货或其他衍生产品合约，实现抵消现货市场交易中存在 ...

湖南恒光科技股份有限公司 第二章 总裁任职资格与任免程序 第四条 总裁应当具备下列条件： （一）具有较为丰富的经济理论知识、管理知识和实践经验，具有较强的经 营管理能力； （二）具有调动员工积极性、建立合理的组织机构、协调各种内外关系和统 揽全局的能力； （三）精通本行业生产经营业务，掌握国家相关政策、法律、法规； 总裁工作细则 （2025 年 11 月修订） 第一章 总则 第一条 为进一步规范湖南恒光科技股份有限公司（以下简称"公司"）法人 治理结构，明确公司经营管理层的工作权限，规范经营管理层的工作行为，根据 《中华人民共和国公司法》（以下简称"《公司法》"）、《湖南恒光科技股份有限公 司章程》（以下简称"《公司章程》"）等相关法律、法规和规范性文件的规定，结 合公司的实际情况，制订本工作细则。 第二条 公司经营管理层设总裁一名，副总裁、执行总裁若干名，财务总监 一名，基地总经理和其他管理中心总监若干名；并可根据生产经营需要设总裁助 理若干名，协助总裁工作。 第三条 根据《公司章程》的规定，总裁组织其他经营管理层人员负责公司 日常生产经营和管理工作，组织实施董事会决议，对董事会负责。 （四）诚信勤勉、廉洁 ...