ZEHO ECO(SH:605069) Xin Lang Cai Jing·2026-02-05 19:12Core Viewpoint - The company has signed a strategic cooperation agreement with the People's Government of Miyun District, Beijing, aimed at enhancing ecological and economic development in the region, although the agreement is a framework and its implementation carries uncertainties [2][7]. Agreement Signing Details - The strategic cooperation agreement was signed on February 4, 2026, in Miyun District, Beijing, between the People's Government of Miyun District (Party A) and Beijing Zhenghe Huanjing Environmental Governance Co., Ltd. (Party B) [2][4]. Main Content of the Agreement - Party A, as a key ecological conservation area and water source protection zone, will collaborate with Party B, which will leverage its expertise in ecological water infrastructure to provide comprehensive services related to water safety, resources, ecology, and technology [4][5]. - The agreement includes support for core areas such as water safety assurance, resource protection, ecological restoration, smart water management, and garden city construction from 2026 to 2028 [5]. - Party B will also engage in planning and applying for national special funding projects, focusing on disaster prevention and ecological restoration, while Party A will facilitate the application process [5][6]. - Financial and operational support will be provided by Party A to ensure Party B's effective establishment and operation within the region [6]. Impact on the Company - The strategic cooperation aims to align with the "14th Five-Year Plan" for water management and the "Modern Capital Urban Circle Spatial Coordination Plan (2023-2035)," establishing a long-term partnership focused on mutual benefits and collaborative development [7]. - The agreement is expected to enhance the company's position as a leader in ecological water infrastructure within the Beijing-Tianjin-Hebei region, contributing to the construction of a national ecological civilization demonstration area [7]. - The signing of this agreement will not significantly alter the company's main business or independence, and its impact on future performance will depend on subsequent specific cooperation agreements [7].