证券代码：600995 证券简称：南网储能 编号：2025-67 南方电网储能股份有限公司 关于召开2025年第四次临时股东会的通知 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 一、 召开会议的基本情况 (一) 股东会类型和届次 2025年第四次临时股东会 召开的日期时间：2025 年 12 月 22 日 14 点 30 分 召开地点：广东省广州市天河区龙口东路 32 号广东蓄能大厦 (二) 股东会召集人：董事会 (三) 投票方式：本次股东会所采用的表决方式是现场投票和网络投票相结合 的方式 (四) 现场会议召开的日期、时间和地点 网络投票系统：上海证券交易所股东会网络投票系统 网络投票起止时间：自2025 年 12 月 22 日 至2025 年 12 月 22 日 采用上海证券交易所网络投票系统，通过交易系统投票平台的投票时间为股 东会召开当日的交易时间段，即 9:15-9:25，9:30-11:30，13:00-15:00；通过 互联网投票平台的投票时间为股东会召开当日的 9:15-15:00。 (五) ...

南方电网储能股份有限公司 第八届董事会第三十六次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 一、董事会会议召开情况 南方电网储能股份有限公司（以下简称"公司"）第八届董事会 第三十六次会议通知和材料于2025年11月28日以书面送达及电子邮 件方式发出，会议于2025年12月3日在广州以现场及视频通讯相结合 的方式召开。本次会议应出席董事9名，实际出席董事9名，刘国刚、 李定林、范晓东、张昆、杨璐、鄢永昌6位董事现场出席，杜云辉、 胡继晔、陈启卷3位董事以视频方式出席。会议由刘国刚董事长主持， 公司部分高级管理人员列席了会议。根据《公司法》和《公司章程》 等有关规定，本次会议合法、有效。 二、董事会会议审议情况 (一)审议通过了关于修订《公司资金管理规定》的议案。 表决结果：9 票同意、0 票反对、0 票弃权。 (二)审议通过了关于确认肇庆浪江蓄能发电有限公司战略投资 者暨关联交易的议案。 表决结果：9 票同意、0 票反对、0 票弃权。 证券代码：600995 证券简称： 南网储能 编号：2025-63 本议 ...

Group 1 - The core point of the article is that the company is raising funds for the construction of the Maoming pumped storage power station by introducing strategic investors through a public offering [1] - The wholly-owned subsidiary, Maoming Pumped Storage Power Co., Ltd., will increase its capital by 768 million yuan, with 737 million yuan allocated to registered capital and the remaining 30.76 million yuan to capital reserves [1] - After the capital increase, the Southern Power Grid Frequency Regulation Power Co., Ltd. will hold a 69.6640% stake in Maoming Company, which will continue to be included in the company's consolidated financial statements [1]

南网储能公告，为满足肇庆浪江抽水蓄能电站建设资金需要，公司控股子公司肇庆浪江蓄能发电有限公 司在北京产权交易所增资扩股引入战略投资者。广东战略性产业促进发展基金合伙企业(有限合伙)拟对 肇庆公司增资12亿元，其中11.46亿元计入注册资本，其余5415.6万元计入资本公积。增资后，公司持股 比例为54.2029%，肇庆公司仍纳入合并报表范围。本次交易构成关联交易，尚需提交公司股东会审 议。 ...

共31只个股出现了机构的身影。 当天机构净买入前三的股票分别是四方达、航天发展、通宇通讯，净买入金额分别是5607万元、3897万 元、3458万元。 盘后数据显示，12月3日龙虎榜中，共31只个股出现了机构的身影，有10只股票呈现机构净买入，21只 股票呈现机构净卖出。 当天机构净卖出前三的股票分别是南网数字、平潭发展、航天动力，净流出金额分别是1.88亿元、1.05 亿元、9220万元。 | 星图测控 | -4.98% | -1177.25 | | --- | --- | --- | | 高乐股份 | 10.02% | -1643.75 | | 瑞玛精密 | -10.00% | -1822.98 | | 道明光学 | 10.03% | -1830.91 | | 雷科防务 | -5.50% | -1907.97 | | 华映科技 | 10.02% | -2362.11 | | 亿利达 | 10.04% | -2461.19 | | 顺灏股份 | 9.99% | -3145.94 | | 威领股份 | -5.96% | -3273.39 | | 榕基软件 | -9.27% | -3485.89 | | 清水源 ...

Core Viewpoint - The establishment of the South Network Industrial Fund, with a total scale of 14 billion yuan, aims to support the construction of a new power system and facilitate the green and low-carbon transformation of energy [2]. Group 1 - The South Network Industrial Fund is a collaboration between the South Network Industrial Group and ICBC Financial Asset Investment Co., Ltd., marking the first strategic fund specifically supporting national "dual carbon" projects [2]. - The fund will focus on major infrastructure, technological innovation, and key links in the industrial chain related to the new power system [2]. - This fund is the first of its kind with a scale exceeding 10 billion yuan, aiming to double the management scale of industrial funds for the company [2]. Group 2 - The fund represents a significant step in deepening the synergy between industry and finance, enhancing the efficient connection and deep integration of industrial resources and financial capital [2]. - It is also the first time the South Network has partnered with a banking financial institution to establish an industrial fund, expanding the boundaries of the industrial-financial ecosystem [2].

Core Viewpoint - The event "I am a Shareholder - Entering the Shanghai Stock Market Listed Companies" was successfully held at the South Grid Energy Storage Co., Ltd., showcasing the company's advancements in pumped storage and new energy storage sectors [1] Group 1: Project Development - South Grid Energy Storage currently has 10 pumped storage projects under construction, with a total installed capacity of 12 million kilowatts [2] - The Meizhou (Phase II) project has been put into operation, while the Nanning project is expected to be operational by the end of 2025 [2] - The company has over 10 million kilowatts of pumped storage reserve projects that will be advanced according to national planning and power system demand [2] Group 2: Pricing and Policy - The company addressed investor concerns regarding pricing policies, indicating that future revenues from new pumped storage stations may increasingly depend on market competitiveness, as per the National Development and Reform Commission's document No. 633 [2] Group 3: New Energy Storage Development - In response to the "dual carbon" goals, the company is actively researching its "14th Five-Year" development plan, focusing on various technologies including sodium-ion, flow, compressed air, and gravity storage, in addition to lithium batteries [3] - The Yunnan Qiubei Baochi storage station is currently demonstrating the application of both lithium and sodium batteries [3] Group 4: Market Outlook and Strategic Initiatives - With the large-scale integration of renewable energy into the grid, the demand for pumped storage and new energy storage is continuously growing [4] - The company aims to accelerate project construction to achieve early production and benefits, while also expanding into strategic emerging businesses and international markets to create a "second growth curve" [4] - The Nanning pumped storage power station, a major project under the national "14th Five-Year" plan, has a total reservoir capacity of 13.4 million cubic meters and an installed capacity of 1.2 million kilowatts, expected to be operational by the end of the year, providing 2.5 billion kilowatt-hours of clean energy annually [4]

Core Viewpoint - The completion of the Meizhou Pumped Storage Power Station Phase II marks a significant step in supporting power supply and green transformation in the Guangdong-Hong Kong-Macao Greater Bay Area during the 14th Five-Year Plan period [2]. Group 1: Project Overview - The Meizhou Pumped Storage Power Station, located in Wuhua County, Guangdong, has a total investment of approximately 12 billion yuan and is the largest pumped storage power station in the Greater Bay Area [2]. - The total reservoir capacity of the Meizhou Pumped Storage Power Station reaches 92 million cubic meters, equivalent to the size of 6.5 West Lakes [2]. Group 2: Capacity and Impact - The newly installed 4 units of 300,000 kilowatts in Phase II provide an additional regulation capacity of 2.4 million kilowatts [2]. - The power station can absorb up to 7.2 billion kilowatt-hours of clean energy annually, which meets the electricity demand of approximately 3.28 million residential users for a year, making it the leader in clean energy absorption capacity among similar pumped storage stations in China [4]. Group 3: Technological Advancements - The Meizhou Pumped Storage Power Station is noted for having the highest degree of domestication in its equipment, achieving full domestic production of main equipment and control systems for the first time [6]. - The project utilizes domestically produced equipment on a large scale, including 115 types of key technology components and over 500 domestic control chips, with significant domestic equipment such as complete switches and air compressors being applied for the first time in a domestic project [8].

Core Viewpoint - The second phase of the Meizhou Pumped Storage Power Station, a key project in the Guangdong-Hong Kong-Macao Greater Bay Area, has been fully commissioned, enhancing China's capacity for clean energy consumption and contributing to the construction of a unified national electricity market [1] Group 1: Project Overview - The total capacity of the Meizhou Pumped Storage Power Station has reached 2.4 million kilowatts, making it the strongest pumped storage station in China for clean energy consumption capacity at this scale [1] - The second phase includes four 300,000-kilowatt units, complementing the first phase's four units, allowing the station to consume up to 7.2 billion kilowatt-hours of clean energy annually, equivalent to the annual electricity needs of 3.28 million residents [1] - The project utilizes a shared upper and lower reservoir, optimizing the use of over 92 million cubic meters of natural resource capacity, and significantly shortening the construction period [1] Group 2: Technological Advancements - The project has achieved full domestic control of the control system and has implemented the first large-scale application of domestically produced pumped storage switchgear [2] - The eighth unit of the power station has installed 115 types of domestically produced key technology components and over 500 domestic control chips, achieving 100% chip-level localization for the entire pumped storage unit [2][3] - The introduction of a "medium-pressure oil-free" domestic air compressor has improved transmission efficiency to 100% and significantly reduced maintenance costs [3] Group 3: Market Participation - The Meizhou Pumped Storage Power Station operates in the Southern regional electricity spot market, serving as a model for market-oriented reform in pumped storage operations [4] - The first phase of the project transitioned to market electricity trading in October 2024, allowing it to actively participate in competition rather than passively responding to demand [4] - The second phase adopted a "production immediately enters the market" model, facilitating immediate participation in electricity trading upon commissioning, and has already traded nearly 2 billion kilowatt-hours of market electricity this year [4] Group 4: Industry Growth - Since the 14th Five-Year Plan, China's pumped storage industry has rapidly expanded, exceeding the planned target of 62 million kilowatts, maintaining the world's largest installed capacity for nine consecutive years [5] - The 15th Five-Year Plan aims to optimize and upgrade traditional industries, with expectations for the pumped storage capacity to reach approximately 120 million kilowatts by the end of the plan period, nearly double the current scale [5]

Core Insights - On November 28, a total of 25 stocks were involved with institutional investors, with 16 showing net buying and 9 showing net selling [1] - The top three stocks with net buying by institutions were Xinjinlu, Nanguang Digital, and Wantong Development, with net buying amounts of 120.38 million, 102.66 million, and 98.32 million respectively [1][2] - The top three stocks with net selling by institutions were Rongji Software, Jiayuan Technology, and Annie Shares, with net selling amounts of 102.63 million, 78.76 million, and 33.53 million respectively [1][3] Institutional Buying Summary - Xinjinlu had a price increase of 5.65% with a net buying of 120.38 million [2] - Nanguang Digital experienced a price decrease of 4.00% with a net buying of 102.66 million [2] - Wantong Development saw a price drop of 7.38% with a net buying of 98.32 million [2] - Other notable stocks with institutional buying included Dongtian Micro (20.00% increase, 62.84 million net buying) and Aerospace Power (6.49% increase, 53.29 million net buying) [2] Institutional Selling Summary - Rongji Software had a price decrease of 0.99% with a net selling of 102.63 million [3] - Jiayuan Technology saw a price increase of 5.39% with a net selling of 78.76 million [3] - Annie Shares experienced a price drop of 1.38% with a net selling of 33.53 million [3] - Other stocks with significant institutional selling included Haixin Food (10.03% increase, 0.77 million net selling) and Zhongsheng Pharmaceutical (10.00% decrease, 15.58 million net selling) [3]