Core Viewpoint - The company is actively advancing two integrated hydrogen energy projects in Jilin Liaoyuan and Heilongjiang Anda, with significant progress reported in both projects [2] Group 1: Jilin Liaoyuan Project - The Jilin Liaoyuan project has seen all staff working overtime during the Spring Festival to expedite construction [2] - The central control room for the first phase of the project has been largely completed, and all electrical equipment for the equipment plant has been delivered [2] - A total of 98 wind turbines are scheduled for installation by the end of June, and carbon dioxide and hydrogen compressors have been fully delivered, with approximately 50,000 tons of straw stored [2] - The overall plan for the first phase is to complete all construction by the end of June, with trial runs scheduled for July and August, and product testing expected by the end of the third quarter [2] Group 2: Heilongjiang Anda Project - The underground construction for the first phase of the hydrogen ammonia chemical section of the Heilongjiang Anda project has been completed [2] - The construction of the upper structure of the plant has commenced, and the wind and solar power components have also entered the construction phase [2]

Group 1 - The company is focusing on accelerating the construction and production of hydrogen-based energy integrated benchmark projects in Jilin Liaoyuan and Heilongjiang Anda as per the established plan [1] - The company plans to achieve an annual production capacity of 200,000 tons of electrochemical methanol that meets EU certification standards by 2026 [1]

Core Viewpoint - The company maintains its strategic focus on developing integrated hydrogen energy projects, aiming to create a complete industrial chain from renewable energy generation to hydrogen production and its derivatives [1] Group 1: Strategic Direction - The company is committed to building an integrated hydrogen energy project, focusing on the model of "green electricity to green hydrogen, green hydrogen to green fuels" to address renewable energy consumption and produce high-value-added products [1] - The company is actively advancing benchmark projects in Jilin Liaoyuan and Heilongjiang Anda, with plans to achieve an annual production capacity of 200,000 tons of electrochemical methanol by 2026, meeting EU certification standards [1] Group 2: Future Goals - By around 2030, the company aims to have a supply capacity of 1 million tons of electrochemical methanol, which will support multiple green alternative fuel product lines for the shipping industry [1] - The hydrogen energy business is a core pillar of the company's "environmental protection + new energy" dual-driven strategy, with steady progress on specific projects and capacity goals being effectively executed [1]

Core Viewpoint - The company is strategically positioning itself to build a complete industrial chain of "wind and solar power - energy storage - hydrogen production - hydrogen-based derivatives" to address the challenges of renewable energy consumption and produce high-value green fuels [1] Project Plans - The company has initiated benchmark projects in Jilin Liaoyuan and Heilongjiang Anda, with the Liaoyuan project including 514.8 MW of grid-connected wind power, 443 MW of off-grid wind power, water electrolysis for hydrogen production, biomass waste heat utilization, and a 170,000 tons/year methanol production facility, aiming for green methanol production capability by the end of Q2 2026 [1] - The Anda project is expected to follow the Liaoyuan project by approximately two quarters [1] Long-term Production Goals - The company plans to achieve an annual production capacity of 200,000 tons of EU-standard methanol by 2026, with a target to increase this capacity to 1 million tons by around 2030, while simultaneously launching multiple production lines for hydrogen-based chemical derivatives to meet the green fuel demands of the shipping industry [1] - The company's products have received EU ISCC EU green certification and are collaborating with several leading domestic and international enterprises to secure end-use application scenarios [1]