Core Viewpoint - Mongolian Grass Ecological Company (300355.SZ) announced the early termination of a 12-year PPP project with the Housing and Urban-Rural Development Bureau of Dongwuzhumuqin Banner, along with a debt restructuring plan [1] Group 1: Project Details - The PPP project aimed at beautification and greening in Dongwuzhumuqin Banner was originally set to operate until 2030 [1] - The decision to terminate the cooperation was made to take advantage of the current debt reduction policy and accelerate cash flow [1] Group 2: Financial Implications - As of December 31, 2025, the total payable amount for the project is 273 million yuan, with the Dongwu Housing Bureau owing 234 million yuan [1] - Under the restructuring plan, the Bureau will pay a total of 195 million yuan in four installments within 2026, while Mongolian Grass will waive approximately 39 million yuan of the remaining debt [1] - The company estimates that the debt's book net value is about 230 million yuan, and after restructuring, it can recover 195 million yuan, which is expected to impact the company's pre-tax profit by approximately -35.0173 million yuan [1] Group 3: Operational Changes - Following the agreement's effectiveness, the operational maintenance of the project will be fully undertaken by the Dongwu Housing Bureau, relieving the subsidiary of any further responsibilities [1]

Core Viewpoint - The company announced the signing of a PPP project contract for beautification and greening in East Ujumqin Banner, which involves financing, construction, and operation maintenance services for a 12-year period [1] Group 1: Project Details - The project contract was signed between the company's subsidiary, Mengyuan Ecological, and the East Ujumqin Housing and Urban-Rural Development Bureau [1] - The project is set to complete construction by January 1, 2022, after which it will enter the operational phase [1] Group 2: Financial Strategy - To leverage the central and Inner Mongolia Autonomous Region's debt reduction policies, the company plans to terminate the PPP project early through a project termination agreement [1] - The termination aims to recover monetary funds quickly, enhance capital utilization efficiency, and promote the development of new business [1]