According to the Southern Grid Technology announcement, the restricted shares currently listed and circulated are the remaining restricted shares in the initial public offering, involving controlling shareholders Guangdong Power Grid and Southern Grid. The lockdown period is 48 months. Sales restrictions have been lifted and the listed tradable shares are 336 million shares, accounting for 59.55% of the company's total share capital. They will be listed and circulated on December 23, 2025. Since the company's initial public offering of restricted shares was formed, there has been no change in share capital due to profit distribution or the transfer of the Provident Fund. As of the application date, all shareholders have strictly fulfilled their promises, and the sponsor has no objections to this restricted stock listing and circulation.

According to the Southern Grid Technology announcement, the restricted shares currently listed and circulated are the remaining restricted shares in the initial public offering, involving controlling shareholders Guangdong Power Grid and Southern Grid. The lockdown period is 48 months. Sales restrictions have been lifted and the listed tradable shares are 336 million shares, accounting for 59.55% of the company's total share capital. They will be listed and circulated on December 23, 2025. Since the company's initial public offering of restricted shares was formed, there has been no change in share capital due to profit distribution or the transfer of the Provident Fund. As of the application date, all shareholders have strictly fulfilled their promises, and the sponsor has no objections to this restricted stock listing and circulation.