Junxin Group: Signed a "Three-Party Preliminary Memorandum of Understanding Agreement" with the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan and the Almaty City Government.

Jinxiang Group announced that the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan and the Almaty City Government are willing to promote investment initiatives aimed at improving ecological sustainability within their respective authority. The company has expressed its intention to build and operate a solid waste disposal power generation facility in Almaty City, Republic of Kazakhstan, with a planned investment of approximately 280 million US dollars. After negotiations with the Ministry of Ecology and Natural Resources of the Republic of Kazakhstan, the Almaty City Government, and the company, the three parties signed a "Tripartite Memorandum of Understanding" in Almaty City, Republic of Kazakhstan on July 25, 2025. As of the date of the announcement, the formal franchise agreement has not been signed for this cooperation, and specific cooperation matters have not been officially launched, leading to uncertainties regarding the company's financial condition and operating results for the current and subsequent years.