Guangxi Energy (600310.SH): The pumped storage power station project in Hezhou, Guangxi has been approved with a total investment of approximately 8.33 billion yuan.

China Fortune Financial News App, Guangxi Energy (600310.SH) announced that on June 1, 2026, the company received the approval of the Guangxi Zhuang Autonomous Region Development and Reform Commission for the construction of the Guangxi Hezhou pumped storage power station project (Guifaigai New Energy [2026] No. 358). The power station will have a total installed capacity of 1.4 million kilowatts, with the main construction content being the installation of 4 reversible generating units with a single unit capacity of 350,000 kilowatts. The key engineering components of the power station include the upper reservoir, lower reservoir, water conveyance system, underground power plant, and surface switchyard. At the price level of the fourth quarter of 2025, the total investment in the project is estimated to be around 8.33 billion yuan (excluding outbound engineering investment). Of this, the project's capital will be 1.666 billion yuan, accounting for 20% of the total project investment.