Signing Ceremony for the CIMC Anruike Indonesia Steel and Coke Integration Project

On February 4, according to CIMC Enric Holdings Limited, CIMC Enric Holdings Limited has recently signed a joint venture agreement with Tsingshan Holding Group Co., Ltd. and a coke oven gas supply agreement with Nanjing Iron and Steel Co., Ltd., planning to cooperate with Tsingshan Group, Nansteel and other partners on the "Coke Oven Gas Production LNG Co-production Methanol" project in the Morowali Tsingshan Industrial Park in Sulawesi Province, Indonesia. The Indonesia Tsingshan project has a designed annual capacity of 180,000 tons of blue LNG and 100,000 tons of blue methanol, controlled by CIMC Enric Holdings Limited. This is the first replication of the company's integrated steel and coke business model overseas.