To enhance the level of the industrial chain, CECEP Tech and Ecology & Environment (300197.SZ) plans to cooperate with Anhui Xinggang Chemical Industry to construct the Ningguo Chemical Industrial Park project.

CECEP TechandEcology&Environment (300197.SZ) announced that the company intends to sign the "Investment Cooperation Agreement for the Comprehensive Construction and Operation of Ningguo Chemical Industrial Park" and its supplementary agreement with Anhui Xinggang Chemical Co., Ltd. (referred to as "Anhui Xinggang Chemical"). Both parties will jointly invest in establishing "Anhui Ningguo Chemical Industrial Park Investment and Construction Co., Ltd." (tentative name), with a registered capital of 100 million yuan. Anhui Xinggang Chemical will contribute 70 million yuan, accounting for 70% of the registered capital, while CECEP TechandEcology&Environment will invest 30 million yuan, accounting for 30% of the registered capital. Both parties will make phased investments according to the actual operational needs. It is reported that this initiative aims to jointly build a top-notch chemical industrial park, integrate resources more effectively, enhance the level of the industry supply chain, strengthen the overall competitiveness of the park, and bring new development opportunities and economic growth points for both companies.