Core Viewpoint - The company is actively transforming its business towards bioenergy, focusing on green energy sectors such as biogas and biofuel oil while continuing to develop its traditional business [2] Group 1: Bioenergy Business Transformation - The company is advancing its bioenergy business by focusing on biogas and biofuel oil, indicating a strategic shift towards green energy [2] - The company is collaborating with academic institutions on research related to the preparation of biomethanol based on biogas and green hydrogen [2] Group 2: Biogas Operations - The company utilizes mainstream biogas purification technologies, such as the amine method, which can enhance methane purity to over 99.97% and reduce sulfur content to below 0.1 ppm [2] - The purified biogas is primarily integrated into urban gas networks or used to produce compressed natural gas (CNG) [2] Group 3: Biofuel Oil Focus - The company leverages its experience in kitchen waste treatment to focus on used cooking oil (UCO) and is developing upstream resources for sustainable aviation fuel (SAF) [2] - The company processes UCO to produce industrial-grade products that meet industry standards, supplying downstream companies for the production of hydrogenated vegetable oil (HVO), SAF, and low pour point diesel [2]

Core Viewpoint - The company is focusing on the waste cooking oil (UCO) business and is expanding its upstream raw material layout for bio-jet fuel (SAF) production, leveraging its experience in kitchen waste treatment [2] Group 1: Business Operations - The company has established a pre-treatment factory in Nantong, Jiangsu, with an annual processing capacity of approximately 50,000 tons [2] - Plans are in place to add 3 to 4 more pre-treatment factories, aiming to increase overall processing capacity to 300,000 tons per year in the future [2] Group 2: Industry Engagement - The company is committed to monitoring global biofuel industry policy dynamics and aims to deepen cooperation with downstream enterprises to seize industry development opportunities [2]