Guangxi Guineng Technology Development Co., Ltd. announced that it will raise CNY 30,000,000 in an equity round of funding on July 3, 2024. The transaction will include participation from new investors China Southern Power Grid Technology Co.,Ltd and Guangxi Power Grid Energy Technology Co., Ltd. The transaction has been approved by the 7th Meeting of the Company?s 2nd Directorate and the 6th Meeting of the 2nd Supervisory Board. After the transaction, Guangxi Guineng Technology Development Co., Ltd.'s registered capital will increase from CNY 20,000,000 to CNY 50,000,000.

China Southern Power Grid Technology Co.,Ltd will invest CNY 21,000,000 and Guangxi Power Grid Energy Technology Co., Ltd. will invest CNY 9,000,000 .