New Natural Gas: Subsidiary Receives 40.5 Million RMB Government Subsidy

The New Natural Gas announcement stated that on June 26, 2026, its subsidiary Yamei Land received a revenue-related subsidy of 40.5 million yuan from the government of Ma Bi district. The subsidy is part of the 2026 Clean Energy Development Special Fund budget. According to regulations, the subsidy funds are subject to a 9% value-added tax. The subsidy funds, after deducting the value-added tax, will be included in the current year's income statement for 2026, which will have a positive impact on the company's profits for that year. The specific impact will be confirmed by the annual audit conducted by the company's accountants.