Southern Power Grid: Shareholder Green Energy Mixed-Ownership Fund Plans to Reduce Company's Shareholding by No More Than 2%

On March 16, State Grid Energy announced that its shareholder, the Green Energy Mixed Reform Equity Investment Fund Partnership Enterprise, with a stake of over 5%, plans to reduce its holdings through centralized bidding and block trading within three months after 15 trading days from the pre-disclosure announcement of this reduction plan, not exceeding a total of 75,757,600 shares, or 2% of the total share capital. This includes reducing holdings by no more than 37,878,800 shares through centralized bidding and no more than 37,878,800 shares through block trading. The selling price will be determined based on the secondary market price at the time of reduction and the trading method, with the reason for reduction being the shareholder's need for funds.