According to the Feinan Resources announcement, the company has recently signed a waste disposal agreement with the relevant entity of the tenderer for the disposal project of a well-known domestic communication equipment company that previously won the bid. Based on the share of the winning bid, the amount of waste products entrusted to be disposed of by the company is estimated to be about 21,000 tons. The agreement will come into effect on October 1, 2026, and will be valid until September 30, 2028. The specific quantity and purchase amount during the validity period shall prevail. The execution of the agreement is expected to have a positive impact on the overall operation of the company. There is no significant impact on business performance in the short term, and there is a risk that project execution cannot be fully implemented or terminated due to force majeure, etc.

According to the Feinan Resources announcement, the company has recently signed a waste disposal agreement with the relevant entity of the tenderer for the disposal project of a well-known domestic communication equipment company that previously won the bid. Based on the share of the winning bid, the amount of waste products entrusted to be disposed of by the company is estimated to be about 21,000 tons. The agreement will come into effect on October 1, 2026, and will be valid until September 30, 2028. The specific quantity and purchase amount during the validity period shall prevail. The execution of the agreement is expected to have a positive impact on the overall operation of the company. There is no significant impact on business performance in the short term, and there is a risk that project execution cannot be fully implemented or terminated due to force majeure, etc.