Core Insights - The first batch of forest carbon benefit projects in Sichuan has successfully completed carbon trading, marking a significant step in realizing the value of ecological products in the region [1][2] - The carbon trading involved a total of 10,654 tons of carbon credits with a total transaction amount of 629,000 yuan, indicating a growing market for carbon credits in Sichuan [1] Group 1: Carbon Trading Details - The carbon benefit project from Mianyang's Santai County sold 9,654 tons of carbon reduction, generating a transaction amount of 579,000 yuan [1] - The project covers an area of 9,155.18 acres and is expected to produce carbon reduction of 9,654 tons during the monitoring period from 2021 to 2025 [1] - The revenue from the first transaction is estimated to be around 300,000 yuan, with 30% going to the platform company and 70% to the village collective for forestry management and rural revitalization [1] Group 2: Policy and Development Framework - Sichuan has been exploring the transformation path of "Two Mountains" and has issued guidelines to promote the carbon benefit mechanism in forestry and grassland [2] - The province has developed a clear and comprehensive project development system for carbon benefits, including methodologies for "giant panda habitat protection and restoration" and "grassland ecological restoration" [2] - Currently, 19 carbon benefit projects are being developed in the province, with a focus on a pilot-first approach and sustainable development [2]

Core Viewpoint - The company, BOE Technology Group, is establishing a joint venture in Ya'an, Sichuan Province, focusing on renewable energy projects, including wind and solar power, energy storage, and comprehensive energy services [2] Group 1 - The joint venture, named Ya'an BOE Energy Development Co., Ltd., will be established in June 2025 [2] - The business scope of the joint venture includes the development, construction, and operation of wind and solar projects, as well as carbon sink initiatives [2] - This initiative is part of the company's strategy to promote green energy transformation in the region [2]