Far Light Software was investigated by three organizations: Far Light DAP is a new generation of enterprise digital core system independently developed by the company in combination with cutting-edge

  () The Record Form of Investor Relations Activities was released on June 10th, and the company was investigated by three institutions on June 9th, 2022. The types of institutions are fund companies and securities companies.

  The main contents of investor relations activities are introduced:

  Q: 1. Basic information and historical evolution of the company?

  A: The company is the mainstream information technology, products and services provider for enterprise management, energy interconnection and social services in China, focusing on the informationization of large-scale enterprise management and providing information management products and services for enterprises in the energy industry for a long time. Adhering to the corporate philosophy of "science and technology promote progress and innovation leads development", the company’s main products and services include digital enterprises, smart energy, innovation platform and social interconnection. The company insists on product technology innovation, strengthens business model reform, actively promotes the localization and intelligence of information products, and constantly uses information technology to provide value for industrial transformation and upgrading, and provides support for enterprise management, energy interconnection and social services.

  The company was established in 1998 and listed in 2006. Since listing, the company has been developing steadily. Based on the company’s good fundamentals, State Grid Digital Branch recognized the company’s long-term investment value, joined the company in January 2019 and became the controlling shareholder of the company in November 2019. This change in rights and interests will help the State Grid to realize the integration and penetration of energy Internet, financial technology, e-commerce and other domestic capital market platforms, promote the optimal allocation of state-owned resources, ensure the preservation and appreciation of state-owned capital, and improve core competitiveness.

  Based on the confidence in the company’s future development and the recognition of the company’s long-term investment value, in December 2020, State Grid Digital Branch disclosed the plan to increase its shareholding in the secondary market, which was completed in June 2021. A total of 28,738,935 shares were increased, accounting for about 2.61% of the company’s total share capital; After the completion of the increase, State Grid Digital Branch held 146,096,486 shares of the company, accounting for about 13.25% of the company’s total share capital.

  Q: 2. What contribution can your company make to the construction of new power system?

  A: The company thoroughly implements the national strategic development requirements of "building a new power system with new energy as the main body". Focusing on the overall strategy of State Grid Corporation of China of "focusing on one industry, Qi Fei with four wings and exerting all factors", the company is deeply integrated with several branches of State Grid, and jointly conducts in-depth research on platform technology, solutions and market applications in the field of smart energy business. At present, the company has formed a set of products and solutions focusing on "smart energy integrated services, peak carbon dioxide emissions carbon-neutral support services, power market services" and other emerging power formats, including integrated energy service platform, peak carbon dioxide emissions carbon-neutral products and solutions, integrated cloud platform for selling electricity, demand-side response platform, power spot transaction settlement system, power spot transaction simulation platform and so on.

  Q: 3. What are the advantages of the company compared with other friendly businesses? How to better realize the improvement of company value?

  A: The company has served the informatization of enterprises in the energy industry for more than 30 years, and has a long-term, in-depth and comprehensive understanding of the industrial characteristics, operating characteristics, management mode and business processes of the energy industry. The company’s products and services have been recognized and accepted by group customers, especially energy industry customers. Under the premise of ensuring the stable operation of existing products, the company constantly upgrades new technologies, so that the company’s products always stand at the forefront of the industry and provide more advanced and flexible information support for existing and potential customers. The company’s main business focuses on group management, smart energy and other fields, helping customers to intensively and finely manage assets and funds, optimize the allocation of business and finance, and realize the company’s value while enhancing the customer’s corporate value.

  Q: 4. What is the profit model of the company in the field of smart energy, and is it charged according to the project?

  A: In the field of smart energy, the company has formed a set of products and solutions focusing on "smart energy integrated services, peak carbon dioxide emissions carbon neutral support services, power market services" and other emerging power formats, including integrated energy service platform, peak carbon dioxide emissions carbon neutral products and solutions, integrated cloud platform for electricity sales, demand-side response platform, electricity spot transaction settlement system, electricity spot transaction simulation platform and so on. At present, the main mode is to provide users with consulting and planning services, to provide users with information systems and to provide users with SaaS products. At the same time, according to the new business development in the field of smart energy, the company is also actively exploring other models.

  Q: 5. What are the advantages of the company’s new generation enterprise digital core system, Far Light Dapu? Which industries can it be used in?

  A: Far Light DAP is a new generation of enterprise digital core system independently developed by the company in combination with cutting-edge technologies such as big data, cloud computing, Internet of Things, artificial intelligence and blockchain. It adopts the "cloud native" architecture and builds "strategic planning, data operation, resource management, production operation and shared service" according to the design concept of "full-stack localization, component access, full-service collaboration, embedded analysis and service operation". Empowering the outside world through a shared and real-time cloud platform, connecting users through agile and intelligent cloud applications, driving business management with data, and supporting strategic decisions with intelligence, providing enterprises with cloud-based services of group management and control, business innovation, industrial chain collaboration and social interconnection, which can meet multi-industry and multi-scenario applications and provide strong support for enterprise digital transformation. It has been successfully applied to many industries such as energy and electricity, aerospace, high-end equipment, metallurgy, manufacturing, finance, medical and health care. In the future, the company will continue to adhere to independent research and development, provide more digital and intelligent digital application solutions for various industries based on the needs of enterprise digital transformation, and help enterprises digital transformation;

  Yuanguang Software Co., Ltd. is a listed company that provides financial information software for power industry. Its main products include group management business, asset lifecycle management business, smart energy business, power distribution business, blockchain business, artificial intelligence business, intelligent hardware and system business, digital society business and system integration business. The company provides 90% domestic electric power enterprises with enterprise management software and services with finance as the core, and is a "national key software enterprise" jointly approved by four ministries and commissions. In addition to providing comprehensive management information solutions for electric power enterprises, the company also provides general financial software for electric power industry and enterprises outside the industry.

  Details of participating institutions are as follows:

Name of participating unit Category of participating units Name of participants Pu yin an sheng Fund company Huang Xinglin Galaxy fund Fund company Yi Shen Capital securities securities company Fu Mengxin, Li Xingjin, Zhai Wei