Core Points - The National Development and Reform Commission (NDRC) has issued new regulations regarding the pricing of electricity transmission and distribution, aimed at improving the regulatory framework for power grid enterprises [1][2]. Group 1: Regulatory Framework - The NDRC has developed four key documents: the "Cost Supervision and Audit Method for Transmission and Distribution Pricing," the "Provincial Power Grid Transmission and Distribution Pricing Method," the "Regional Power Grid Transmission Pricing Method," and the "Pricing Method for Cross-Province and Cross-Region Special Project Transmission" [1]. - These measures are in response to the requirements outlined in the opinions from the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council regarding the improvement of pricing governance mechanisms [1]. Group 2: Implementation - The NDRC has instructed provincial development and reform commissions, as well as major power grid companies, to implement these new pricing regulations [1].