On June 21st, GeLongHui reported that China Southern Power Grid Energy Storage (600995.SH) stated on the investor interaction platform that according to the "Regulations on the Management of Water Withdrawal Permits and Fees for Water Resources" and the "Notice on Standardizing the Standards for the Collection of Water Resource Fees in Guangdong Province by the Development and Reform Commission of Guangdong Province, the Finance Department of Guangdong Province and the Water Resources Department of Guangdong Province", units and individuals who use water engineering or facilities to directly withdraw water resources from rivers, lakes, reservoirs or underground within the administrative area of Guangdong Province shall pay water resource fees in accordance with regulations, except for cases provided by laws, regulations, and the joint regulations of the National Development and Reform Commission, the Ministry of Finance, and the Ministry of Water Resources. The company strictly pays the water resource fees during the construction period as required by laws and regulations. Currently, the company is cooperating with local energy regulatory departments to prepare for participation in the Guangdong spot market trading of pumping storage, including studying and formulating trading rules. The specific time for the Guangdong area to participate in the spot market trading pilot of pumping storage is still to be determined by the energy regulatory department.