Qiaoyuan Group: Wholly-owned subsidiary signs a 170 million yuan industrial gas supply contract.

Announcement from Qiaoyuan Holdings: Wholly-owned subsidiary Qiaoyuan Gas Co., Ltd. has signed an "Industrial Gas Supply Contract" with Wanhua Chemical Co., Ltd. According to preliminary calculations under the contract, the amount is approximately 170 million yuan. The final amount is subject to actual settlement. The contract will come into effect after being signed and sealed by both parties, and will last for fifteen years from the effective date of the contract. If the contract is successfully implemented, it is expected to have a positive impact on the company's future financial condition and operating results.