wsdl(SH:600995) Shang Hai Zheng Quan Bao·2025-10-28 20:36Core Viewpoint - The company, Southern Power Grid Energy Co., Ltd., has disclosed its third-quarter financial report for 2025, highlighting significant growth in revenue from peak-shaving hydropower and new energy storage projects [20][21]. Financial Data - The third-quarter report indicates that the installed capacity of the company's pumped storage power station has increased to 10.58 million kilowatts following the commissioning of the first unit of the Meizhou pumped storage power station [21]. - Revenue from peak-shaving hydropower increased by 37.62% year-on-year, attributed to higher water inflow and increased power generation [21]. - Revenue from new energy storage grew by 27.42% year-on-year, primarily due to the commissioning of the Yunnan Qiubei energy storage power station with a capacity of 200 MW/400 MWh [21]. Shareholder Information - The company announced that its controlling shareholder, China Southern Power Grid Co., Ltd., through its wholly-owned subsidiary, has increased its stake in the company by acquiring 20,068,001 shares, representing 0.63% of the total issued shares, with a total investment of approximately RMB 201.1 million [6]. Board Meeting - The eighth board of directors held its 35th meeting on October 28, 2025, where the proposal to change the accounting firm was approved unanimously [10][11][12]. - The board also approved the third-quarter report for 2025, which will be submitted for shareholder approval [15][17]. Upcoming Events - The company will hold a performance briefing on November 7, 2025, to discuss the third-quarter results and future plans, allowing investors to engage through an online platform [22][23].