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Is Guangdong Power Grid Energy Investment Co., Ltd. a state-owned enterprise?

Yes Guangdong Power Grid Energy Investment Co., Ltd., established in 1995, is a wholly-owned subsidiary of Guangdong Power Grid Co., Ltd. As the main body of Guangdong Power Grid's provincial energy service sector, it mainly distributes five business sectors: electric vehicle industry service, Guangdong Energy Investment Smart Energy Platform service, energy storage, market-oriented electricity sales and financial service.