Group 1 - The board of directors of Guangzhou Guanggang Gas Energy Co., Ltd. confirms the authenticity, accuracy, and completeness of the announcement content and assumes legal responsibility for it [1] - The company has received a letter from its continuous supervision institution, Guotai Junan Securities Co., Ltd., regarding the replacement of the continuous supervision sponsor representative [1][2] - The original sponsor representative, Mr. Chen Hui, is unable to continue due to work changes, and Mr. Wang Xinsheng has been appointed to take over his duties [1][2] Group 2 - The new continuous supervision sponsor representatives for the company's initial public offering and listing on the Sci-Tech Innovation Board are Mr. Qin Guoliang and Mr. Wang Xinsheng [2] - The change of sponsor representative will not alter the conclusive opinions previously issued by the sponsor institution and does not involve updating related materials [1][2] - The board expresses sincere gratitude to Mr. Chen Hui for his contributions during the continuous supervision period [3] Group 3 - Mr. Wang Xinsheng holds a master's degree and is currently employed in the investment banking department of Guotai Junan Securities, specializing in the TMT sector [4] - Mr. Wang possesses qualifications as a sponsor representative, non-practicing CPA, and international CPA, with a good record in his practice [4] - He has been involved in various projects, including IPOs and refinancing for different companies [4]

Core Points - The company has approved the temporary use of idle raised funds amounting to no more than 400 million yuan for working capital, specifically for its main business operations [2] - The company has successfully returned the entire amount of 400 million yuan to the designated account ahead of schedule [3] Group 1 - The company held meetings on September 20, 2024, where it approved the use of idle raised funds for working capital, with a usage period not exceeding 12 months [2] - The funds will not be used for stock trading or related activities, ensuring compliance with regulations [2] - The company reported that the use of these funds did not affect the normal progress of the investment plan [2][3] Group 2 - The company has communicated the return of the funds to its sponsor and representative [3] - The board of directors confirmed the accuracy and completeness of the announcement regarding the fund usage and return [1][4]

Core Points - The company will hold a collective investor communication meeting on September 15, 2025, from 9:00 to 11:30 AM [2][4] - The meeting will be conducted via video and online text interaction, allowing for direct communication with investors regarding the company's semi-annual performance and financial indicators [3][4] - Investors are encouraged to submit questions in advance to enhance the relevance of the discussion, with a deadline for submissions set for September 12, 2025 [4][5] Meeting Details - Meeting Date and Time: September 15, 2025, from 9:00 to 11:30 AM [2][4] - Meeting Location: Panoramic Network "Investor Relations Interactive Platform" [2][4] - Participants: The meeting will include key executives such as the Chairman, President, Chief Scientist, and Chief Financial Officer [4] Question Collection - The company is actively soliciting questions from investors to address common concerns during the meeting [4] - Investors can submit their questions through a designated webpage or by scanning a QR code before the deadline [4] Contact Information - For inquiries, investors can contact the Securities Affairs Center via phone or email [5]

Core Viewpoint - The company intends to utilize part of its temporarily idle raised funds for cash management, ensuring that it does not affect the normal operation of fundraising investment projects and guarantees the safety of funds [1][4][8]. Fundraising Basic Information - The company raised a total of RMB 3,255,615,848.10 from its initial public offering of 32,984,963 shares at a price of RMB 9.87 per share, with all funds received and verified by an accounting firm [1][2]. Cash Management Purpose - The cash management aims to improve the efficiency of fund usage, increase cash asset returns, and protect shareholder interests while ensuring that fundraising investment projects are not impacted [4][5]. Cash Management Products - The company plans to invest in high-safety, liquid, principal-protected products, including but not limited to time deposits, large certificates of deposit, and notice deposits [4][5]. Investment Limit and Duration - The company intends to use up to RMB 130,000 million of temporarily idle funds for cash management, with a validity period of 12 months from the board's approval [4][5]. Implementation Method - The board authorizes the management to make investment decisions and sign relevant legal documents, with the finance management center responsible for organizing the implementation [4][5]. Information Disclosure - The company will fulfill its information disclosure obligations in accordance with relevant regulations and guidelines [5][8]. Cash Management Income Distribution - The income from cash management will be used to supplement any shortfall in the investment amounts of fundraising projects, and the funds will be returned to the fundraising special account upon maturity [5][8]. Impact on Company Operations - The cash management will not affect the normal operation of fundraising investment projects or the company's main business, and it is expected to enhance overall performance and shareholder returns [5][8]. Review Procedures - The board and supervisory board have approved the cash management proposal, confirming that it aligns with regulatory requirements and does not harm the interests of the company or its shareholders [7][8]. Sponsor's Verification Opinion - The sponsor has verified that the cash management plan complies with relevant regulations and will enhance fund usage efficiency without altering the intended use of the raised funds [8].

Core Viewpoint - The company is convening its first extraordinary general meeting of shareholders in 2025 to discuss various proposals, including the use of excess raised funds and amendments to the company's articles of association [5][30]. Group 1: Meeting Procedures - The meeting will ensure the rights of shareholders and maintain order, allowing only authorized personnel to attend [1][2]. - Attendees must verify their identity and complete registration 30 minutes before the meeting [2]. - Shareholders have the right to speak, inquire, and vote during the meeting, with specific rules governing the process [3][4]. Group 2: Fundraising and Financial Proposals - The company raised a total of RMB 3,255.62 million from its initial public offering, with a net amount of RMB 3,067.81 million after deducting expenses [9][15]. - The company plans to use RMB 46.7 million of excess funds to permanently supplement working capital, which is 24.35% of the total excess funds [12][13]. - A proposal to invest RMB 35 million of excess funds into the Wuhan semiconductor gas station project is also on the agenda [19][20]. Group 3: Governance Changes - The company proposes to abolish the supervisory board and transfer its responsibilities to the audit and risk management committee of the board [25]. - Amendments to the company's articles of association will be made to reflect this governance change [26]. Group 4: Profit Distribution - The company reported a net profit of RMB 117.53 million for the first half of 2025 and proposes a cash dividend of RMB 0.37 per share [30][31]. - The proposed dividend distribution represents 41.53% of the net profit attributable to shareholders [30].

Core Viewpoint - The company is using its own funds to increase the investment amount for a specific project and adjust the internal investment structure, while also delaying the project timeline to ensure effective implementation and quality of the investment [1][6][7]. Fundraising Overview - The company successfully raised a total of RMB 3,255,615,848.10 through its initial public offering, with each share priced at RMB 9.87, and all funds have been received [1][3]. - The funds are managed in a dedicated account to ensure they are used specifically for the intended projects [3]. Investment Project Details - The raised funds will be allocated to projects aligned with the company's main business, with a total planned investment of RMB 354,975.87 million [3]. - The company plans to use its own funds to increase the investment in the Beijing Guanggang Electronic Ultra-Pure Gas Station project due to changes in actual construction needs, raising the total investment from RMB 62,968.88 million to RMB 76,284.30 million [4][5]. Project Adjustment Reasons - The adjustment in investment and project timeline is a response to changes in the construction situation of the Beijing Guanggang Electronic Ultra-Pure Gas Station project, aimed at meeting actual construction demands [4][5]. - The project timeline for reaching the predetermined usable state has been extended from the end of December 2025 to the end of July 2026 [6]. Approval Process - The board of directors approved the use of self-funds for the project increase and adjustments during a meeting on August 8, 2025 [6]. - The supervisory board also agreed that the adjustments do not change the project implementation subject, location, or funding purposes, ensuring compliance with regulations [6][7]. Sponsor's Review - The sponsor, Guotai Junan Securities, confirmed that the adjustments have been approved by the necessary corporate governance bodies and comply with relevant regulations [6][7].

Core Viewpoint - The document outlines the code of conduct for directors and senior management of Guangzhou Guanggang Gas Energy Co., Ltd., emphasizing the importance of legal compliance, fiduciary duties, and the protection of company interests. Summary by Sections General Principles - The code aims to enhance the corporate governance structure and regulate the behavior of directors and senior management in accordance with relevant laws and the company's articles of association [1][2]. - Directors and senior management must act in good faith, diligently, and prudently, avoiding conflicts of interest and not exploiting their positions for personal gain [1][2]. Conduct of Directors and Senior Management - Directors and senior management are prohibited from using their positions to gain personal benefits or to misappropriate company assets [2][4]. - They must ensure the safety and integrity of company assets and distinguish between personal and company expenses [2][4]. - There is a strict obligation to disclose information accurately and completely, avoiding any misleading statements or omissions [2][4]. Reporting Obligations - Directors and senior management must report any significant issues regarding the company's major shareholders or actual controllers to the board [2][4]. - They are required to report any violations of laws or regulations by the company or its personnel immediately [4][5]. Responsibilities and Accountability - Directors and senior management are liable for damages caused by their actions while performing their duties, especially in cases of intentional misconduct or gross negligence [5][6]. - Their responsibilities do not cease upon leaving their positions, and the board must take necessary actions to protect the interests of the company and minority shareholders [5][6]. Specific Conduct Guidelines for Directors - Directors must attend board meetings personally or delegate responsibly, ensuring that their voting intentions are clear [6][7]. - They should be aware of the decision-making processes and assess the legality and potential impacts of the matters discussed [6][7]. Major Transaction Oversight - Directors are required to thoroughly understand and evaluate the implications of major transactions, ensuring they align with the company's interests and do not harm minority shareholders [8][9]. - In cases of related party transactions, directors must assess the necessity and fairness of the terms [8][9]. Financial and Investment Decisions - Directors must analyze the feasibility and risks of investment projects, ensuring they are in line with the company's core business [10][11]. - They should also scrutinize any changes in the use of raised funds and ensure compliance with relevant regulations [10][11]. Information Disclosure and Media Relations - Directors must ensure that all disclosed information is accurate and complete, and they should monitor media reports that may affect the company's stock price [11][12]. - Any discrepancies in reported information must be addressed promptly, and necessary disclosures made to the stock exchange [11][12]. Role of the Chairman and Senior Management - The chairman is responsible for promoting the establishment of internal systems and ensuring the board operates effectively [13][14]. - Senior management must act in the best interests of the company and shareholders, adhering to board decisions and reporting significant changes in the business environment [15][16].

Summary of Key Points Core Viewpoint - The company plans to use part of the excess raised funds, amounting to RMB 46,700,000, to permanently supplement its working capital, which aligns with its business development needs and aims to enhance profitability while safeguarding the interests of all shareholders [1][4][6]. Group 1: Fundraising Overview - The company successfully completed its initial public offering (IPO) of 329,849,630 shares at a price of RMB 9.87 per share, raising a total of RMB 3,255,615,848.10, with all funds received and verified by an accounting firm [1][2]. - The net amount raised after deducting issuance costs was RMB 306,781,460, with excess funds totaling RMB 191,781,460 [2][5]. Group 2: Use of Excess Funds - The company intends to use 24.35% of the excess funds (RMB 46,700,000) for permanent working capital, ensuring that this does not affect the funding needs of the investment projects [4][5]. - The company has committed that the total amount used for permanent working capital or repaying bank loans will not exceed 30% of the total excess funds within any twelve-month period [4][5]. Group 3: Approval Process - The decision to use excess funds was approved by the company's board of directors and supervisory board, and it will be submitted for shareholder approval [5][6]. - The supervisory board confirmed that the decision complies with relevant regulations and does not harm the interests of shareholders, particularly minority shareholders [5][6]. Group 4: Regulatory Compliance - The use of excess funds adheres to the regulations set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding the management and use of raised funds [4][6].

Core Points - The company successfully completed its initial public offering (IPO) of 32,984,963 shares at a price of 9.87 RMB per share, raising a total of approximately 3.26 billion RMB, with a net amount of about 3.07 billion RMB after deducting issuance costs [1][2][3] - The company plans to use part of the excess raised funds, totaling 46.7 million RMB, to permanently supplement its working capital, which represents 24.35% of the total excess funds of 191.78 million RMB [3][5] - The decision to use excess funds for working capital was approved by the board and supervisory committee, and it will be submitted for shareholder approval [5][6] Fund Management - The company has established a special account for the management of raised funds, ensuring that the funds are used specifically for their intended purposes [2] - The total investment amount for the projects funded by the raised capital is approximately 354.98 million RMB, with 225 million RMB planned to be funded from the raised capital [2] Regulatory Compliance - The company commits that the cumulative use of excess funds for working capital or repaying bank loans will not exceed 30% of the total excess funds within any twelve-month period [4] - The use of excess funds complies with the relevant regulations set forth by the China Securities Regulatory Commission and the Shanghai Stock Exchange [4][5]

Core Points - The company, Guangzhou Guanggang Gas Energy Co., Ltd., is set to list 9,895,488 shares for public trading, which are strategic placement shares with a lock-up period of 24 months [2][4][9] - The shares will become tradable on August 15, 2025, marking the end of the lock-up period [4][9] - The total share capital of the company after the initial public offering (IPO) is 1,319,398,521 shares, with 1,076,178,956 shares subject to lock-up and 243,219,565 shares freely tradable [4][5] Summary by Sections I. Listing Details - The company has received approval from the China Securities Regulatory Commission for its IPO, allowing it to issue 329,849,630 shares [4] - The strategic placement shares represent 0.75% of the total share capital [4][9] II. Shareholder Commitments - The sole shareholder of the strategic placement shares, Haitong Innovation Securities Investment Co., Ltd., has committed to a lock-up period of 24 months from the date of the company's IPO [6] - There are no additional special commitments from the shareholder beyond the standard lock-up agreement [7] III. Compliance and Verification - The sponsor institution, Guotai Junan Securities Co., Ltd., has verified that the shareholder has adhered to the commitments made during the IPO process [8] - The listing of the strategic placement shares complies with relevant laws and regulations, ensuring accurate and complete disclosure of information [8]