Group 1 - The company’s wholly-owned subsidiary, Chengtong Carbon Sink, has won a carbon sink cooperation development project in the Tacheng region of Xinjiang [1][2] - The project involves the development of carbon sink resources across approximately 17.63 million acres of existing forest land, 16.61 million acres of arable land, and 94.70 million acres of grassland [1][2] - The project development period is set to be no more than 24 months from the signing of the cooperation contract, with a preliminary cooperation duration of 20 years [1][2] Group 2 - The project will be developed through a full-process contract method, with development costs borne by the developer and a profit-sharing model in place [2] - The company aims to leverage national goals of "3060" carbon peak and carbon neutrality, actively engaging in the carbon sink trading business [2] - Winning this project is expected to positively impact the company's annual operating performance and enhance its market influence in carbon sinks, thereby improving its brand image [2]

Core Viewpoint - The successful registration of the Dular Forest Carbon Sink CCER project in Arxan City, Inner Mongolia, highlights the region's advantages in carbon sink development and its contribution to the national carbon market [1][2]. Group 1: Project Overview - The Dular Forest Carbon Sink CCER project was developed by Arxan City Mulinsen Seedling Afforestation Co., Ltd. and has been registered in the national carbon market [1]. - Since the launch of the national voluntary greenhouse gas emission reduction trading market on January 22, 2024, only 41 forestry carbon sink projects have been publicly listed, with Inner Mongolia having only 3 projects [1]. - The project covers 83,000 acres of protective forest, with a clear land ownership and project boundary, and is expected to generate a total emission reduction of 576,294.66 tons of CO2 equivalent over a 40-year accounting period, averaging 14,407.37 tons of CO2 equivalent per year [1]. Group 2: Development Process - The project underwent a thorough preparation process, including expert site visits and the use of satellite remote sensing and ground monitoring data to accurately assess carbon sink volume [2]. - The project design document (PDD) was completed in May 2024, and the project was officially registered and publicly announced in July 2024 after passing various reviews [2]. - A comprehensive operational guideline covering "ownership confirmation - measurement accounting - market connection" has been developed, providing a practical reference for carbon sink development across the country [2].