Core Viewpoint - The company announced a non-binding cooperation framework agreement with Southern Power Grid Comprehensive Energy Co., Ltd. to collaborate on renewable energy projects in Shandong and Guangdong provinces, aiming to diversify its energy business portfolio [1] Group 1: Agreement Details - The agreement was signed on November 24, 2025, between the company's wholly-owned subsidiary, Suncor Oil and Chemical (Shanghai) Co., Ltd., and Southern Power Grid [1] - The collaboration will focus on various areas including carbon reduction, energy conservation, heating, cooling, and renewable energy [1] Group 2: Responsibilities - The company will be responsible for project resource reserves, preliminary supporting document processing, project evaluation, and early-stage development [1] - Southern Power Grid will take the lead in project financing, construction management, and operational aspects of the power plants [1] Group 3: Strategic Implications - The board anticipates that this framework agreement will assist the company in achieving a diversified development of its energy business [1]