State Grid Energy Storage: Completion of Fundraising Projects and Permanent Supplement of Excess Funds for Working Capital

Southern Power Grid Energy Storage Announcement: The company's completed investment projects include Meixu Phase I Power Station, Yangxu Phase I Power Station, Nanning Pumped Storage Power Station, Meizhou Wuhua Electrochemical Energy Storage Project, and Foshan Nanhai Electrochemical Energy Storage Project. These projects are investment projects for the issuance of A shares to specific targets in 2022. The remaining amount of funds raised this time is 300,800 yuan, which will be used entirely to supplement working capital.