Core Points - The establishment of the Strategic and Sustainable Development Committee aims to enhance the company's core competitiveness and sustainable development capabilities, improve decision-making efficiency, and elevate ESG standards [1][2] - The committee is responsible for researching and providing recommendations on long-term development strategies, major investment decisions, and ESG-related matters [2][3] Composition - The committee consists of three directors, including at least one independent director [3] - The chairman of the committee is the company's chairman, who also leads the committee's activities [3] Responsibilities - The committee's main responsibilities include researching long-term strategic planning, major investment financing proposals, and overseeing ESG-related initiatives [3] - It is tasked with reviewing reports related to sustainable development and ESG matters [3] Decision-Making Process - The committee convenes meetings based on proposals from the investment working group and submits discussion results to the board [4] Meeting Procedures - The committee must hold at least one regular meeting annually and can convene temporary meetings as needed [5] - Meetings can be conducted in person or via communication methods, ensuring all members can express their opinions [6] Voting and Confidentiality - Decisions require the presence of at least two-thirds of the committee members and must be approved by a majority [6] - Members are obligated to maintain confidentiality regarding meeting discussions and decisions [6] Additional Provisions - The committee's rules are subject to relevant laws and regulations, and any conflicts will defer to those legal standards [7] - The rules are established, modified, and interpreted by the board and take effect upon board approval [7]

Core Viewpoint - Yunnan Energy Investment (002053.SZ) has agreed to acquire 100% equity of Yunnan Yanshi Yanshan Co., Ltd. from its wholly-owned subsidiary, Yunnan Salt Industry Co., Ltd., for a purchase price based on the audited net asset value of approximately RMB 5.7089 million as of December 31, 2024 [1] Group 1 - The acquisition aims to enhance the company's resource integration and strategic development [1] - Following the completion of the acquisition, the company will directly hold 100% equity of Yanshan Co., transforming it from a wholly-owned subsidiary to a wholly-owned subsidiary of the company [1] - Yanshan Co. will serve as the investment entity for the Changning Changtian Wind Farm and the Zhongzhai Wind Farm projects [1]

Group 1 - Yunnan Energy Investment announced the acquisition of 100% equity in Fuyuan Yunnan New Energy Co., Ltd. from its wholly-owned subsidiary Yunnan Salt Industry Co., Ltd. for a price of RMB 3.9856 million, based on the audited net asset value as of December 31, 2024 [1] - The transaction aims to enhance resource integration and strategic development, streamline management structure, and optimize corporate governance [1] - The Fuyuan South Chong Wind Farm project has been included in the "2025 First Batch of New Energy Project Construction List" in Yunnan Province, which will accelerate the implementation of this project [1] Group 2 - For the year 2024, Yunnan Energy Investment's revenue composition is as follows: electricity 34.45%, natural gas 28.11%, food 20.22%, chemicals 14.64%, and other businesses 2.58% [2] - As of the report date, the market capitalization of Yunnan Energy Investment is RMB 9.8 billion [2]

Core Viewpoint - Yunnan Energy Investment Co., Ltd. announced the acquisition of 100% equity of Yunnan Yanshan Co., Ltd. from its wholly-owned subsidiary, Yunnan Salt Industry Co., Ltd., for a price of RMB 5.7089 million, aiming to enhance resource integration and strategic development [2] Group 1: Acquisition Details - The acquisition involves the transfer of equity within the company and is not classified as a related party transaction or a major asset restructuring under relevant regulations [2] - The target company primarily engages in the development, manufacturing, and sales of salt and its series products, packaging materials, anti-counterfeiting "iodized salt mark," and anhydrous sodium sulfate [2] - The transaction has received approval from the relevant state-owned asset regulatory authority and is expected to streamline management relationships and optimize corporate governance [2] Group 2: Strategic Implications - The acquisition aligns with the company's internal management restructuring needs and is expected to facilitate the advancement of its strategic development and resource integration [2] - The Changning Changtian Wind Farm and Zhongzhai Wind Farm have been included in the "First Batch of New Energy Project Construction List in Yunnan Province for 2025," indicating that the transaction will help accelerate the implementation of related projects [2] - The transaction will not affect the company's consolidated financial statements and is not expected to have a significant impact on the company's normal operations, future financial status, or operating results [2] Group 3: Revenue Composition - For the year 2024, the revenue composition of Yunnan Energy Investment is as follows: electricity accounts for 34.45%, natural gas 28.11%, food 20.22%, chemicals 14.64%, and other businesses 2.58% [3]

Core Viewpoint - Yunnan Energy Investment Co., Ltd. is enhancing its resource integration and strategic development by acquiring 100% equity of Huaping Yuneng New Energy Co., Ltd. from its wholly-owned subsidiary, Yunnan Salt Industry Co., Ltd. for a price based on the audited net asset value of RMB 3.5529 million as of December 31, 2024 [3]. Group 1: Business Composition - For the year 2024, Yunnan Energy Investment's revenue composition is as follows: electricity accounts for 34.45%, natural gas for 28.11%, food for 20.22%, chemicals for 14.64%, and other businesses for 2.58% [1]. Group 2: Transaction Details - The acquisition is part of an internal management restructuring aimed at professionalizing management, streamlining management levels, and optimizing corporate governance [3]. - The transaction has received approval from the relevant state-owned assets regulatory authority and does not constitute a related party transaction or a major asset restructuring as defined by the regulations [3]. - The acquisition is expected to accelerate the implementation of the Huaping County Xifeng Wind Power Project, which is included in the first batch of new energy projects for Yunnan Province in 2025 [3]. - This transaction will not affect the company's consolidated financial statements and will not have a significant impact on the company's normal operations, future financial status, or operating results [3].

Core Viewpoint - The company Xinjiang Xintai Natural Gas Co., Ltd. has approved a plan for the spin-off of its subsidiary Xinjiang Mingxin Oil and Gas Exploration and Development Co., Ltd. to enhance operational efficiency and attract strategic investors [10][20]. Group 1: Meeting Resolutions - The fifth board meeting of the company was held on June 3, 2025, where all 9 attending directors unanimously approved the spin-off proposal [2][3]. - The fifth supervisory board meeting also took place on the same day, with all 3 attending supervisors approving the same spin-off proposal [5][6]. Group 2: Spin-off Details - The spin-off will create a new company while maintaining the existing ownership structure, with the company holding 65% and Karamay Fucheng Energy Group Co., Ltd. holding 35% [10]. - Post-spin-off, Xinjiang Mingxin will focus on clean and efficient coal-based energy operations, particularly in the Hami region's coal exploration and production [10][20]. - The new company will operate in the exploration and production of oil and gas resources in the Kashgar region [10]. Group 3: Strategic Implications - The spin-off is expected to optimize resource allocation and enhance specialized management, facilitating the introduction of new strategic investors [10][20]. - It aims to reduce future capital expenditures and strengthen the company's market competitiveness and overall advantages [10][20]. - The company anticipates that the spin-off will not adversely affect its production and operational status, nor harm the interests of shareholders, especially minority shareholders [20].