[Ziguang Electric: plans to invest abroad to participate in the establishment of Guangzhou Energy Storage Group], according to the announcement of Zhiguang Electric, Guangzhou Energy Storage Group Co., Ltd. will be jointly funded by Guangzhou Industrial Investment holding Group Co., Ltd., Guangzhou Development Group Co., Ltd., Guangzhou Industrial Investment holding Group Co., Ltd., Guangzhou Metro Design and Research Institute Co., Ltd., and Guangzhou Penghui Energy Technology Co., Ltd. The company contributes 100 million yuan by installments with its own or self-raised funds, and holds a 5% stake in Guangzhou Energy Storage Group.