Core Viewpoint - The company,卓越新能, is actively expanding its operations with significant investments in bioenergy projects and plans for stock issuance to raise funds for future growth [2][3]. Company Announcements -卓越新能 plans to invest 700 million RMB in a bioenergy production line project in Thailand, which includes a 300,000-ton biodiesel production facility and a combined production facility for 100,000 tons of HVO/SAF [2]. - The project will be implemented in phases, with the first phase focusing on the biodiesel production line, expected to be completed within 12 months [2]. - The company has obtained necessary approvals and is progressing with land exploration for the project [2]. -卓越新能 has revised its plan for a simplified stock issuance to specific investors, aiming to raise 300 million RMB, which does not require shareholder approval [3]. - The issuance is subject to approval from the Shanghai Stock Exchange and registration by the China Securities Regulatory Commission [3]. Financial Reports - A special audit report by利安达会计师事务所 confirmed the non-recurring gains and losses for卓越新能 for various periods, showing a net non-recurring gain of 6,545,072.29 RMB for Q1 2025 and a total of 14,166,526.58 RMB for the year 2024 [4]. - The report also highlighted previous years' losses, with 2023 showing a net loss of 29,444,833.12 RMB and 2022 a loss of 28,560,072.85 RMB [4].