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Southern Grid Energy Storage (600995.SH) released semi-annual results, with net profit of 1,112 billion yuan, an increase of 33.61% over the previous year
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According to Zhitong Finance App News, Nanwang Energy Storage (600995.SH) disclosed the 2026 semi-annual report. During the reporting period, the company achieved operating income of 4.12 billion yuan, an increase of 24.83%; net profit attributable to shareholders of listed companies was 1,112 billion yuan, an increase of 33.61% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 1,105 billion yuan, an increase of 31.85% year on year; basic earnings per share was 0.35 yuan; the company plans to pay a cash dividend of 0.6959 yuan (tax included) for every 10 shares.

By the end of June 2026, the company's pumped storage capacity had a total capacity of 12.68 million kilowatts of installed capacity. Nine pumped storage power stations are under construction, with a total installed capacity of 10.8 million kilowatts, including the Zhaoqing Langjiang Pumped Storage Power Station in Guangdong (1.2 million kilowatts), Huizhou Zhongdong Pumped Storage Power Station (1.2 million kilowatts), Dianbai Pumped Storage Power Station (1.2 million kilowatts), Xinfeng Pumped Storage Power Station (1.2 million kilowatts), Guangxi's Guanyang Pumped Storage Power Station (1.2 million kilowatts), Guigang Pumped Storage Power Station Power station (1.2 million kilowatts), Yulin pumped storage power station (1.2 million kilowatts), Xichou pumped storage power station in Yunnan (1.2 million kilowatts) kilowatts).

By the end of June 2026, the company's new energy storage system had an installed capacity of 654,200 kilowatts/1,298,300 kilowatt-hours. Two new energy storage power plants are under construction, with a total installed capacity of 820,000 kilowatts/1.84 million kilowatt-hours, including the Ningxia Zhongwei Shapotou Battery Energy Storage Project (720,000 kW/1.44 million kWh) and the Yunnan Lijiang Huaping Industrial Park Battery Energy Storage Project (100,000 kW/400,000 kWh). By the end of June 2026, the company had a total installed capacity of 2.03 million kilowatts of hydroelectric motors in Yunzhaofeng, of which 1.32 million kilowatts were installed at Tianshengqiao Hydropower Station, 600,000 kilowatts at the Lubge Hydropower Station, and 110,000 kilowatts of small hydropower stations in Wenshan.

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