China Southern Power Grid Energy Storage shareholders approve new industry finance fund

Beijing Haotian Law Firm confirmed the legality of China Southern Power Grid Energy Storage Co., Ltd.'s 2025 third extraordinary general meeting, held on November 5, 2025, in Guangzhou. The meeting saw 535 shareholders, representing 84.6914% of total shares, participate in person or online.

The agenda included a resolution on the company's participation in establishing a Southern Power Grid Industry Finance Fund, which was approved with 429,993,252 votes in favor (99.7911%). Connected parties, including China Southern Power Grid Co., Ltd., Yunnan Power Grid Co., Ltd., and China Southern Power Grid Capital Holding Co., Ltd., abstained from voting on this related-party transaction.

The board of directors and supervisors, including chairman Liu Guogang, attended the meeting. The legal opinion confirms that the meeting's convening, procedures, and resolutions are valid and legally binding.