Core Viewpoint - The strategic cooperation between Zhaoxin Co., Ltd. and Yiyang Energy focuses on the comprehensive utilization of low-concentration gas in coal mines, aiming to create a new energy service ecosystem and contribute to green and low-carbon industry development during the 14th Five-Year Plan period [1][2]. Group 1: Strategic Cooperation Details - Zhaoxin Co., Ltd. and Yiyang Energy signed a strategic cooperation framework agreement and an investment cooperation agreement to establish a joint venture, Zhaoyi Carbon Energy Technology (Hangzhou) Co., Ltd., with a registered capital of 10 million yuan, where Zhaoxin will invest 5.5 million yuan for a 55% stake [1]. - The joint venture will invest in and operate the Qianjiaying Coal Mine low-concentration gas utilization project, with a total investment not exceeding 110 million yuan [1]. Group 2: Industry Transformation - The energy industry is undergoing a transformation from single supply to comprehensive services, driven by innovation rather than resource dependency [2]. - The cooperation aims to innovate a three-in-one development model focusing on resource recovery, new energy production, and carbon asset development [2]. Group 3: New Energy Supply Model - The collaboration will create a "resource recovery + new energy synergy" model, where electricity generated from gas can be supplied directly to the mine or integrated into the new energy grid, enhancing energy self-sufficiency and supply stability [3]. - This model represents a shift from single energy supply to a multi-dimensional value upgrade involving carbon services and comprehensive energy services [3]. Group 4: Policy and Market Context - Coal mine gas utilization is a key method for methane emission reduction, contributing positively to achieving carbon neutrality goals [4]. - The Chinese government is increasing support for gas governance technology, with a target of reaching an annual utilization of 6 billion cubic meters of coal mine gas by 2025 [4]. - The launch of the voluntary greenhouse gas reduction trading market is expected to create new profit opportunities for gas governance projects [4]. Group 5: Future Plans - Zhaoxin Co., Ltd. plans to use the Qianjiaying demonstration project as a core pivot to expand the scale of low-concentration gas utilization and enhance its core competitiveness in carbon services and comprehensive energy [4].

Core Viewpoint - The company has signed strategic cooperation agreements with Zhejiang Yiyang Energy Technology Co., Ltd. to establish a joint venture focused on the utilization of low-concentration gas from coal mines and related projects [1] Group 1: Joint Venture Details - The joint venture will be established to implement the "Qianjiaying Coal Mine Low Concentration Gas Utilization Project" and similar gas utilization projects [1] - The registered capital of the joint venture is set at RMB 10 million, with the company contributing RMB 5.5 million for a 55% stake, thus becoming the controlling party [1] - Yiyang Energy will contribute RMB 4.5 million for a 45% stake in the joint venture [1] Group 2: Project Investment - The total investment for the project is capped at RMB 110 million [1] - This joint venture is expected to enhance the market competitiveness and sustainable development capabilities in the field of low-concentration gas recovery and utilization [1]

Core Viewpoint - The company Zhaoxin Co., Ltd. has signed strategic cooperation agreements with Zhejiang Yiyang Energy Technology Co., Ltd. to establish a joint venture focused on the utilization of low-concentration gas from coal mines [1] Group 1: Joint Venture Details - The joint venture will be established to implement the "Qianjiaying Coal Mine Low-Concentration Gas Utilization Project" and similar gas utilization projects [1] - The registered capital of the joint venture is set at RMB 10 million, with the company contributing RMB 5.5 million for a 55% stake, while Yiyang Energy will invest RMB 4.5 million for a 45% stake [1] - The total investment for the project is capped at RMB 110 million [1] Group 2: Strategic Implications - This joint venture is expected to enhance the market competitiveness and sustainable development capabilities of the company in the field of low-concentration gas recovery and utilization [1]