Project Overview - The company’s wholly-owned subsidiary, Chengtong Carbon Sink, has won a bid for a carbon sink resource cooperation development project in the Tacheng region of Xinjiang, covering approximately 17.63 million acres of existing forest land, 16.61 million acres of arable land, and 94.70 million acres of grassland [1] - The project development period is set to not exceed 24 months from the signing of the cooperation contract, with a preliminary cooperation term of 20 years [2] Project Cooperation Details - The project will be developed through a full-process contract method, with development costs borne by the developer, and a profit-sharing model will be adopted for cooperation [3] Impact on the Company - The project aligns with national goals of achieving carbon peak and carbon neutrality by 2030 and 2060, respectively, and will enhance the company's influence in the carbon market and improve its brand image [4] - The project will not affect the company's operational independence, and there will be no business dependency on the project counterpart [5]