C CARBONNEUTRAL(01372): The world's first compliant issuance of carbon coins, with an initial offering of 500 million coins.

C CARBONNEUTRAL (01372) announced that its subsidiary, Global Carbon Asset Management Co., Limited, in which the group holds 100% stake, has gone through a rigorous compliance review and issued 5 billion carbon coins (Carbon Coins) based on 500,000 tons of verified carbon credits certified by the Verified Carbon Standard (VCS) through the licensed digital asset trading platform DigiFT in Singapore. This issuance marks the first compliant carbon coin globally based on international authoritative carbon standards and the first time VCS carbon credits have been used as underlying assets for tokens issued on an overseas regulated blockchain exchange. As the global climate governance process accelerates, the carbon market, as a core financial tool for catalyzing low-carbon transformation, is facing bottlenecks such as lack of liquidity, high costs, and regulatory difficulties under traditional trading models. This issuance converts VCS-certified carbon credit assets into digitized tokens supported by blockchain technology, reshaping the carbon asset trading path not just technically, but also exploring a new paradigm for the circulation of green assets at an institutional level. This milestone event signifies breakthrough progress for the group in the field of Real-World Asset (RWA) tokenization, and it also signals a new stage in the scalable implementation of digitized carbon assets and green financial innovation, which holds strategic value for achieving global carbon neutrality goals and constructing a GREEN ECONOMY system, serving as a benchmark practice responding to global climate consensus and innovating green value circulation pathways. The milestone significance of being the first carbon coin issued on an overseas regulated blockchain exchange: reshaping the fundamental logic of carbon market development and leading a new ecosystem for global low-carbon development As the first digitized carbon asset product issued on an overseas regulated blockchain exchange globally, this carbon coin issuance breaks the geographical boundaries and format constraints of traditional carbon asset transactions, constructing a full chain loop of "carbon asset rights confirmation - digital certificate standardization - free circulation." This innovation not only provides a standardized value carrier for traceable, divisible, and transferable transactions in the global carbon market but also builds a bridge for deep integration between green finance and digital economy, offering a replicable and scalable model for market progression away from policy-driven global climate governance towards market-driven and technology-driven approaches, aiding in the construction of a more efficient, inclusive, and resilient global low-carbon development ecosystem. Core support from underlying VCS carbon assets: establishing a global circulation foundation for value The underlying assets of this carbon coin issuance are VCS-certified carbon credit assets. Established jointly by the United Nations Climate Organization and other international authoritative institutions in 2005, VCS is managed by the nonprofit international organization Verra. It is the most widely applied and highly recognized voluntary carbon reduction mechanism globally, covering key areas such as forestry carbon sinks, renewable energy, and energy efficiency improvements. It has been adopted by 96 countries and regions for carbon reduction schemes, issuing over 1.2 billion tons of carbon credits and holding a core share of 60% - 70% in global carbon trading volume. Leveraging the international universality and authority of VCS carbon assets, combined with the group's substantial reserves of VCS carbon assets, the carbon coins issued naturally possess global circulation attributes, providing a stable and trusted value anchor for carbon trading, breaking away from fragmented national carbon markets, and facilitating the formation of a unified and open global carbon trading system. Innovative value of dual-chain technology architecture: enhancing regulatory control and efficiently unifying market, reshaping a inclusive new ecosystem for carbon trading This carbon coin issuance is based on a dual-chain technology architecture developed by the group, utilizing the GreenTrust chain's alliance chain and the public chain technology to build an underlying infrastructure, achieving an organic unity of "regulatory control" and "market efficiency." The GreenTrust chain, as a financial-grade trusted collaborative network, with its "penetrating supervision, data sharing, privacy protection, and credit empowering" four-in-one framework, enables the full lifecycle traceability and tamper-proof nature of carbon assets from project development, certification issuance to transaction circulation, providing regulatory authorities with instant and precise regulatory handles. Combined with the transparent circulation characteristics of the public blockchain, transactions are matched and settled through smart contracts, compressing the traditional weeks-long period of carbon trading to minutes and significantly reducing transaction costs. Through the decentralized issuance and circulation mechanism of regulated digital asset trading platforms, not only transparent and fair transactions are ensured, but also the technology of cross-chain interoperability creates a channel for the connection between global capital and high-quality carbon projects, reshaping the trust foundation of the carbon market and steering carbon trading from a centralized, high-threshold niche market towards a decentralized, widely participatory inclusive market. Core value of liquidity enhancement: unlocking the potential for inclusive development in the carbon market This carbon coin issuance, through digitized fractionalization and compliant circulation design, directly addresses industry pain points of traditional carbon assets such as "concentrated trading, lack of liquidity, and high investor thresholds." By tokenizing underlying carbon assets into standardized units, the carbon coin reduces the entry barriers for participation and expands the range of investors within a compliant framework. Leveraging the locational advantage of Singapore as an international financial hub and the characteristics of blockchain distributed ledger technology, the DigiFT regulated trading platform enables 24/7 uninterrupted global trading, attracting diverse qualified investors in compliance with regulatory requirements, significantly enhancing the liquidity and value discovery efficiency of the carbon market. This revolution not only makes carbon assets more accessible and configurable as green investment targets for investors but also empowers enterprises to manage their carbon assets flexibly, optimize emission reduction strategies and carbon cost structures, while meeting regulatory compliance requirements, enhancing the sustainable development image and market competitiveness of enterprises. Innovative value of financial attribute empowerment: establishing a virtuous cycle system of green capital, driving the development of a global carbon-neutral ecosystem The launch of this carbon coin comprehensively activates and releases the financial attributes of carbon assets. As a standardized digital asset, the carbon coin combines the characteristics of clear pricing, convenient trading, and controllable risk, exploring multiple application scenarios such as carbon collateral financing, asset preservation, and appreciation, filling a gap in the carbon financial derivatives market. By quantifying ecological value into tradable financial value, the carbon coin bridges the gap between green capital and physical emission reduction projects: providing stable funding sources for emission reduction projects, solving the funding difficulties and expenses of green projects; and offering investors investment choices that balance environmental and economic benefits, promoting a virtuous cycle of "investment - emission reduction - return - reinvestment," powering the high-quality development of global green industries. Synergistic value of ecological collaboration: leading to a win-win pattern for global low-carbon development This carbon coin issuance is not just an innovation of a single product but a key move for the group to construct a full chain of low-carbon ecosystem, from emission reduction project development, carbon asset certification, digital token transformation, to nurturing ecological value. In this ecosystem, emission reduction projects can obtain continuous operational funding to accelerate implementation and technological iteration through efficient carbon coin cycles; investors can participate in transactions to share green development dividends and complete green asset configuration; regulatory authorities can enhance carbon market governance efficiency by utilizing blockchain technology for transparent supervision throughout the process; individuals, small and medium enterprises, institutional investors, and other qualified investors in compliance with regulatory requirements can use convenient digital operations to offset their carbon emissions, embodying a low-carbon lifestyle. With deep participation from multiple parties, a virtuous cycle of "profitable emission reduction, rewarding investment, regulatory basis, and accessible participation" is established, laying a solid market-oriented and inclusive foundation for advancing global carbon neutrality goals. In the future, the group will continue to expand the application scenarios of carbon coins in areas such as new energy, circular economy, green supply chains, promoting their deep integration with green consumption, green transportation, green production, joining hands with global partners to build an open, collaborative, and win-win global low-carbon ecosystem, injecting sustainable new energy into the global carbon-neutral cause. The board believes that issuing carbon coins on an overseas regulated blockchain exchange injects transparency, efficiency, and accessibility core elements into the global carbon market. This is not just a technological upgrade but a revolutionary change in the model of the carbon market, expected to address the trust crisis and liquidity issues that have long plagued the carbon market, directing global capital more efficiently towards critical areas addressing climate change. This carbon coin issuance further expands the group's boundaries in the application of green digital asset tokenization and marks an important milestone in practicing green development principles. It holds positive significance in promoting the standardization of carbon asset transactions and the innovation of green asset financing, and will strongly advance the construction of the global green asset financial ecosystem, driving high-quality industry development. The company believes that deep engagement in the field of green digital technology will bring sustainable business growth and long-term financial returns for the group, laying a solid foundation for the group's global low-carbon business layout, further consolidating and enhancing the overall interests of the group and its shareholders.