Shen Nan Dian A announced that in order to seize opportunities in the energy storage industry and further leverage the site resource advantages of its holding subsidiary Xiwang Company’s 300MW/600MWh independent energy storage power station project in Zhongshan City, Cuiheng New District, it plans for Xiwang Company to invest in the construction of the 300MW/600MWh independent energy storage power station project, with a construction scale of 200MW/400MWh. The total construction scale of the project is 200MW/400MWh, with a total static investment not exceeding 390 million yuan, funded by self-owned funds and bank loans, and the unit cost not exceeding 0.973 yuan/Wh