Xi'zhun Corporation: intends to establish a joint venture to engage in sustainable aviation fuel related business.

Xizhuang Corporation announced on the evening of July 28th that on July 28th, the company signed an "Investment Framework Agreement" with the individual Diaoyuxiang and Shanghai Canshengwanwu Technology Co., Ltd., planning to jointly invest in establishing a limited liability company engaged in the manufacturing process, technology, and equipment related to sustainable aviation fuel. The registered capital of the joint venture company is 5 million yuan, of which the company has subscribed for a capital contribution of 1.1 million yuan, accounting for 22% of the registered capital. During the cooperation, the company will provide technical and manufacturing support for core production equipment involved in the synthesis and production of sustainable aviation fuel, which will help expand the company's products and technologies into new application areas.