Shenzhen Power Grid Co., Ltd. A: The stock price of A-shares has abnormally fluctuated, and there are plans to invest in an energy storage power station project.

Shenzhen Electric A and Shenzhen Electric B announced that the closing price of the company's A shares on April 1-3, 2026, had deviated more than 20% for three consecutive trading days, indicating abnormal fluctuations. The company's production and operations are normal, and the internal and external environment remains unchanged. There are no undisclosed matters to be disclosed except for the previously disclosed investment in the 300MW/600MWh independent energy storage power station project in Cuisheng New District, Zhongshan City. The estimated net profit for 2025 is 1.5 - 1.8 billion yuan, with a non-recurring net loss of 0.7 - 0.86 billion yuan, subject to audit in the annual report.