Sichuan Meifeng (000731.SZ) holding subsidiary plans to implement a scattered gas recovery and utilization project at a cost of approximately 90 million yuan.

The Zhitong Finance APP news, Sichuan Meifeng (000731.SZ) announced that its controlling subsidiary Sichuan Shuangrui Energy Co., Ltd. (referred to as "Sichuan Shuangrui") plans to invest in the construction of the "Wellhead Associated Gas Recovery and Utilization Project" in Yanjiang District, Ziyang City. The total planned investment for the project is approximately 90 million yuan. The project is expected to occupy about 32 acres of land and construct a wellhead gas recovery and utilization skid station with a daily processing capacity of 300,000 cubic meters (two sets of 150,000 cubic meters processing units operated in parallel, and can be operated independently when needed) as well as supporting facilities.