Core Viewpoint - The company has received government approval for the renovation of the Dongzhou International Terminal, which is expected to enhance its revenue significantly upon completion in mid-2026 [1][2]. Group 1: Project Details - The renovation project officially commenced on November 19, 2025, and is expected to be completed by the end of June 2026 [1]. - The project is part of the second phase of the Dongzhou Petrochemical Storage project, which aims to convert the existing 50,000-ton oil and gas berth into a dedicated liquefied hydrocarbon berth with a designed annual throughput capacity of 2.02 million tons [1]. - The liquefied hydrocarbon terminal is a scarce resource in the Greater Bay Area, with strong market demand, and is expected to outperform oil and liquid chemical products in terms of unloading revenue [1]. Group 2: Financial Implications - The company has signed long-term unloading service contracts for liquefied hydrocarbons with clients, which will not only cover the project costs but also generate additional revenue for Dongzhou International [1]. - The existing 80,000-ton oil and gas berth will continue to meet current unloading needs, ensuring that the renovation does not disrupt existing business operations [1]. Group 3: Strategic Importance - The board believes that this renovation project represents a proactive move to capitalize on the rapid growth opportunities in the liquefied hydrocarbon sector, enhancing business diversification and competitiveness [2]. - The project is expected to further solidify the company's strong position in the energy logistics sector [2].

Core Viewpoint - The company has received government approval for the transformation project of Dongzhou International Terminal, which is expected to enhance revenue significantly upon completion in mid-2026 [1][2]. Group 1: Project Details - The transformation project officially commenced on November 19, 2025, and is expected to be completed by the end of June 2026 [1]. - The project is part of the second phase of the Dongzhou Petrochemical Storage facility, which will convert the existing 50,000-ton oil and gas berth into a dedicated liquefied hydrocarbon berth with an annual throughput capacity of 2.02 million tons [1]. - The liquefied hydrocarbon terminal is a scarce resource in the Greater Bay Area, with strong market demand, and is expected to outperform oil and liquid chemical products in terms of unloading revenue [1]. Group 2: Financial Implications - The company has signed long-term unloading service contracts for liquefied hydrocarbons with clients, which will not only cover project costs but also generate additional revenue for Dongzhou International [1]. - The existing 80,000-ton oil and gas berth will continue to meet current unloading needs, ensuring that the transformation project does not disrupt existing operations [1]. Group 3: Strategic Importance - The board believes that this transformation project represents a proactive approach to capitalize on the rapid growth opportunities in the liquefied hydrocarbon sector, enhancing business diversification and competitiveness [2]. - The project aims to further solidify the company's strong position in the energy logistics sector [2].