Shenzhen Energy: Plans to invest in and construct the Shenzhen Airport regulating reservoir floating solar phase I project

Shenzhen Energy announced that the company's board of directors has approved several proposals: First, it agreed that Baocheng Company, a wholly-owned subsidiary of a subsidiary, invest in and construct the Shenzhen Energy Shenzhen Airport Reservoir Floating Solar Project, with a total investment of RMB 318 million, of which RMB 63.7742 million will be own funds and the remainder will be resolved through financing; Innovation Technology Company will increase capital by RMB 63.7742 million to Shenzhen Energy (Shenzhen) New Energy Company, and Shenzhen Energy (Shenzhen) New Energy Company will then increase capital by RMB 63.7742 million to Baocheng Company. Second, it agreed that the company headquarters add an entrusted loan capital pool allocation limit of no more than RMB 8.55 billion, which can be used on a revolving basis for a term of no more than 3 years. Third, it agreed that Gas Holding Company conduct foreign exchange hedging business, with the total scale at any point in time not exceeding USD 600 million and a term of 12 months.