On February 24, 2026, Guangzhou Zhiguang Electric Co., Ltd. (“Zhiguang Electric”) held a grand groundbreaking ceremony to mark the first working day of the year at Zhiguang Integrated Energy Industrial Park. The park was filled with the vibrant sounds of gongs and drums and a joyful festive atmosphere. Nearly 300 Zhiguang employees gathered together, embracing the opportunities and challenges of the new year with high spirits and great enthusiasm.

At the beginning of the ceremony, President Jiang Xinyu delivered a New Year address on behalf of the management team, extending sincere blessings to all employees and their families. He reviewed the remarkable achievements the Company made in 2025 by focusing on high-power power electronics control technologies and advancing in the new energy storage sector, expressing heartfelt appreciation for the hard work and dedication of all Zhiguang employees. He highlighted that the Company achieved revenue growth of over 40% in the past year, while its cascaded high-voltage direct-hanging energy storage technology continued to lead the industry, adding a strong and significant chapter to the conclusion of the Company’s 14th Five-Year strategic plan.

President Jiang emphasized that the new energy industry is currently entering a golden era of large-scale, high-quality growth. The year 2026 marks not only the launch of China’s 15th Five-Year Plan, but also the inaugural year for the comprehensive implementation of Zhiguang Electric’s own 15th Five-Year development strategy. At this pivotal historical moment, he called on all employees to devote themselves to their work with passion, pragmatism, and strong execution capabilities. He encouraged coordinated efforts in strengthening core technological barriers, rapidly expanding market presence, and enhancing efficient production and delivery capabilities, striving to achieve new breakthroughs in the year ahead. His powerful and inspiring speech injected strong confidence and momentum into the Company’s new journey.

Amid the resounding beat of drums, four vibrant and agile lion dance performers leapt and swirled energetically, creating an atmosphere of soaring momentum. Waves of applause and cheers echoed throughout the venue. The stirring drumbeats and dynamic lion dance ignited every employee’s aspiration and determination for the year ahead.

Chairman Li Yongxi, together with the management team, personally distributed red envelopes filled with the Company’s care and best wishes to each employee. The long lines were filled with laughter and joy. Every exchange of “Happy New Year” and every respectful gesture conveyed the leadership’s sincere care and high expectations for the staff. More than a festive token, the red envelopes symbolized heartfelt encouragement and shared commitment for the journey ahead.

As the ceremony concluded successfully, all Zhiguang employees officially embarked on their work for the new year, full of passion and dreams. More than a celebratory gathering, this event served as a rallying call and mobilization order for the inaugural year of the Company’s 15th Five-Year strategy. With the joint efforts of all employees, Zhiguang Electric is poised to forge ahead with determination and courage, and to write an even more brilliant new chapter in 2026.