Investment Overview - The company is investing in a gasification platform upgrade project with a total estimated investment of 3.039 billion yuan [1][2] - The project aims to enhance the competitiveness of the company's products by upgrading technology and improving efficiency [1][2] Project Details - The project will replace existing gasification units while maintaining the same coal consumption, producing synthetic gas with a total production capacity of 450,900 Nm3/h [2][3] - The construction period for the project is estimated to be 18 months [2] - The project is expected to generate an average annual revenue of 3.665 billion yuan upon completion [2][3] Board Approval - The board of directors approved the investment project with unanimous support (11 votes in favor, 0 against, 0 abstentions) [2] - The project does not constitute a related party transaction or a major asset restructuring [2] Impact on the Company - The project is anticipated to improve production efficiency and operational effectiveness, aligning with the company's long-term strategic goals [3] - The project is not expected to have a significant impact on the company's operating performance in 2025 [3] Risk Analysis - The project faces potential funding risks due to uncertainties in financing conditions and policies [3][5] - Environmental policy changes and industry conditions may increase project costs and operational expenses [5] - The company plans to mitigate these risks by optimizing financing strategies and adhering to environmental standards [5]