7 Month 24 Day, the sub-fund invested in by the mother fund managed by Yuanhe Chencun —— Fang Guang Investment enterprise « Guangge Technology 」At Shanghai Stock Exchange STAR Market Listed, stock symbol: 688450。

Guangge Technology was established in In 2010, the company emerged as a high-tech enterprise dedicated to the research, development, production, and sales of next-generation fiber-optic sensing networks and asset digitalization-based operation & maintenance management systems—positioning itself as one of the early pioneers in this field domestically. Over the years, the company has developed a comprehensive product portfolio, including power infrastructure asset monitoring and O&M systems, offshore cable asset monitoring and O&M solutions, and integrated utility tunnel asset monitoring and O&M platforms. These innovative solutions are now widely deployed across critical sectors of the national economy, such as electric power grids, offshore wind farms, integrated utility tunnels, and the oil & petrochemical industries.

In the power grid sector, Guangge Technology has already provided solutions to companies such as State Grid and China Southern Power Grid, delivering more than A monitoring and operation management system for 1,000 high-voltage cables and over 1,000 kilometers of power infrastructure assets—this project spans across all regions nationwide and ranks among the leaders in terms of project volume.

In the offshore wind power sector, Guangge Technology's products have already been deployed in applications including Dozens of projects, including eight deep-sea initiatives, are monitoring over 400 cable circuits with a total length nearing 6,000 kilometers. Among these is the Three Gorges New Energy Rudong H6# and H10# offshore wind farm project in Jiangsu, which features China’s currently highest-voltage and longest-distance flexible DC transmission submarine cables. Another notable example is the comprehensive online monitoring project for the DC submarine cable on Nan'ao Island in Shantou, Guangdong—a key component of the national "863" science and technology program focused on "Research and Development of Flexible DC Transmission Technology for Large-Scale Wind Farms." The company’s integrated submarine cable monitoring system has already helped customers achieve significant economic and social benefits in real-world applications.

In the field of integrated utility tunnels, the company serves as the provincial-level Engineering Technology Center for Integrated Utility Tunnel Monitoring and has participated in drafting the industry standard titled "…" issued by the China Municipal Engineering Association. "TCMEA13-2020 Design Standard for Urban Integrated Utility Tunnel Monitoring Centers." The company’s comprehensive utility tunnel application cases span across provinces and cities including Beijing, Chongqing, Zhejiang, Jiangsu, Guangdong, Sichuan, Fujian, Jilin, Inner Mongolia, Liaoning, Heilongjiang, Tibet, and Jiangxi. As a collaborative supplier to industry leaders such as China Railway Group, China First Metallurgical Construction Group, and Guangdong Huatunnel—along with their affiliated subsidiaries—the company is a pioneering provider of integrated utility tunnel monitoring, operation, and maintenance management solutions. To date, it has delivered asset monitoring and operation management systems for over 70 projects, covering more than 200 kilometers of integrated utility tunnels.

Guangge Technology persists. "Guided by technological innovation and driven by customer needs," our R&D philosophy firmly commits us to advancing the industrialization of scientific and technological achievements. The company has undertaken and participated in numerous national, provincial, and municipal-level science and technology projects, as well as contributed to the development of several industry standards. As of December 31, 2022, the company holds a total of 103 authorized patents, including 39 invention patents, along with 158 software copyrights.

For this IPO, Guangge Technology plans to raise funds for "Project for the Upgraded R&D and Mass Production of Distributed Fiber Optic Sensing Systems," "R&D Project for an Asset Digitalization and Operations Platform," and "R&D Center Construction Project," among others. These fundraising projects are closely aligned with the company’s core business, reflecting both industry development trends and national industrial policies, and are poised to deliver strong market potential and profitability.

In the future, Guangge Technology will fully leverage its R&D and technological strengths, drawing on the extensive experience accumulated over many years by its R&D team in developing distributed fiber-optic sensors, power monitoring equipment, industrial automation systems, and more. By aligning these capabilities with emerging market trends and tailored customer needs, the company will continue innovating and designing cutting-edge products—such as advanced monitoring and maintenance systems tailored for industries like oil & petrochemicals, structural health management, and transportation. This strategic approach will further enhance the company’s product portfolio, creating new avenues for revenue growth, strengthening its overall competitiveness, bolstering its ability to withstand risks, and ensuring steady expansion of its financial performance.