Foshan Lighting Co., Ltd. Guoxuan Hi-Tech successfully "backdoor" Dongyuan Electric

Announced on the evening of April 2, the company received the shareholding company Hefei Guoxuan Gaoke Power Energy Co., Ltd. (referred to as Guoxuan Hi-Tech) on the 2nd. Notice: On the 2nd, the company was approved by the China Securities Regulatory Commission listed company merger and acquisition review committee, Guoxuan Hi-Tech Backdoor Dongyuan The listing of electrical appliances was unconditionally passed. The company's shares resumed trading since the market opened on April 3. The company currently holds 14.8361 shares of Guoxuan Hi-Tech. After the completion of its backdoor listing, the equity of Guoxuan Hi-Tech held by the company will be converted into the restricted shares of Dongyuan Electric. According to the relevant accounting standards, changes in the fair value of the period in which the financial assets are held will be included in the company's equity assets and will not affect the profit or loss in the holding period.

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