GGEC(SZ:002045) Xin Lang Cai Jing·2025-12-22 11:53Core Viewpoint - Guoguang Electric Co., Ltd. has signed a tripartite supervision agreement to manage idle raised funds of 825 million yuan, ensuring the safety and compliance of fund usage [1][4]. Group 1: Agreement Background and Fund Scale - The board of directors approved the use of up to 825 million yuan of temporarily idle raised funds for cash management within 12 months from the approval date [2]. - The funds can be used in a rolling manner within the specified limit and period, with individual financial products having a holding period not exceeding 12 months [2]. Group 2: Core Content of the Tripartite Supervision Agreement - The agreement clearly defines the rights and obligations of the company, the account-opening institution, and the sponsor, with strict limitations on fund usage [3]. - Funds can only be used for purchasing principal-protected financial products, time deposits, structured deposits, and transferable large-denomination certificates of deposit, and must not be used for pledging, securities investment, or other purposes [3]. - A multi-layered supervision mechanism is established, allowing the sponsor to supervise account details and conduct semi-annual on-site inspections [3]. Group 3: Effectiveness and Termination Conditions of the Agreement - The agreement becomes effective upon signing and will terminate once all funds are spent and the account is closed [4]. - If the sponsor changes, the company must sign a new agreement with the new sponsor and account-opening institution within one month after the termination of the current agreement [4]. - The signing of this agreement signifies the company's commitment to enhancing compliance and safety in managing idle raised funds [4].