Core Viewpoint - The company plans to publicly transfer the biomass power generation project assets of its subsidiary in Chizhou through the Beijing Stock Exchange, which includes accounts receivable [1] Group 1: Asset Transfer Details - The board of directors approved the asset transfer on December 12, 2025, and it does not constitute a major asset reorganization [1] - As of March 31, 2025, the book value of the assets to be transferred is 373.51 million yuan, with an assessed value of 426.42 million yuan, resulting in a value increase rate of 14.17% [1] - The transfer is proposed to be based on the assessed value, but the final transaction price remains uncertain, indicating potential variability in the transaction outcome [1]