Core Viewpoint - The company has decided to continue the construction of the Yuanping biomass cogeneration project after thorough analysis and reassessment of market conditions and project feasibility [1][2]. Group 1: Project Status - The company initially planned to suspend the Yuanping biomass cogeneration project due to economic considerations but has now reversed this decision [1]. - The project will now utilize a circulating fluidized bed boiler process instead of the previously planned high-temperature and high-pressure biomass water-cooled vibrating furnace boiler process [2]. - The construction period for the project is estimated to be 15 months, with relevant design units already engaged for the new process [2]. Group 2: Market Analysis - The company has conducted a comprehensive review of steam customers and the surrounding biomass fuel market, focusing on customer stability and fuel supply security [2]. - The management has analyzed various factors including project scale, technology, and economic viability before deciding to proceed with the project [2]. Group 3: Regulatory Compliance - The project adjustments have received support and approval from relevant government departments, and the necessary procedures for project implementation are currently being processed [2].

Core Viewpoint - The company has decided to temporarily suspend the construction of the Yuanping biomass cogeneration project due to considerations of project investment economics, but will continue to advance the project with a change in construction technology [2] Group 1: Project Status - The Yuanping biomass cogeneration project is located in the Yuanping Economic and Technological Development Zone and is managed by the company's subsidiary, Yuanping Fuqiao New Energy Co., Ltd. [2] - The company has completed a reassessment of steam customers and the surrounding biomass fuel market, focusing on customer stability and fuel market security [2] Group 2: Project Adjustments - The construction technology for the project will be changed from a high-temperature, high-pressure biomass water-cooled vibrating grate boiler to a circulating fluidized bed boiler [2] - The project construction period is set to be 15 months, and the adjustment of construction technology has been validated by relevant design units and has received support and approval from government departments [2]