China Southern Power Grid Energy Storage (600995.SH) major shareholder wholly-owned subsidiary plans to increase its stake by 200 million to 400 million yuan.

China Southern Power Grid Energy Storage (600995.SH) announced that its controlling shareholder, China Southern Power Grid Co., Ltd. (referred to as "Southern Power Grid Company"), plans to increase its holdings of the company's A shares through its wholly-owned subsidiary Southern Power Grid Capital Holding Co., Ltd. (referred to as "Southern Grid Capital") within 6 months from the date of this announcement, using methods allowed by the Shanghai Stock Exchange (including but not limited to centralized trading, block trading, etc.). The amount of the increase shall be not less than RMB 200 million and not more than RMB 400 million, with the funds coming from Southern Grid Capital's own funds.