South Grid Energy Storage (600995.SH): The fundraising project Nanning Pumped Storage Power Station has been put into operation.

China's Financial APP News, Southern Power Grid Energy Storage (600995.SH) announced that on December 19, 2025, the major asset restructuring and fundraising investment project of the company Southern Pumped Storage Power Station (installed capacity of 4300,000 kilowatts) Units 1 and 2 will be put into commissioning and trial operation. Units 3 and 4 are expected to be put into commissioning and trial operation before the end of the year, in line with the expected commissioning time disclosed in the company's "Report on Major Asset Replacement and Issuance of Shares for the Purchase of Assets and Fundraising for Matching Funds And Related Party Transactions." The units will officially commence commercial operation after completing the commissioning and trial operation.