Jiangsu Furui Energy Services Co., Ltd. (hereinafter referred to as “Furui Energy Services”) is a wholly-owned subsidiary of Zhangjiagang Furui Special Equipment Co., Ltd. (hereinafter referred to as “Furui Special Equipment”). As an international enterprise specializing in LNG full-industry-chain operational services, Furui Energy Services has established localized subsidiaries in key overseas markets such as Brazil and Indonesia. The company has built a comprehensive system integrating market development, engineering services, localized operations, and professional legal and risk management, and possesses exceptional capabilities in identifying and managing cross-border project risks. The company’s business is actively expanding from traditional LNG liquefaction, transportation, and application into green gas sources such as biogas, landfill gas, and associated petroleum gas, committed to providing global enterprises with full-industry-chain services for “LNG + diversified clean gas sources.”

       On the morning of January 8, 2026, Furui Energy Services and our company solemnly held a signing ceremony for the “Strategic Cooperation Agreement” on “Carbon Dioxide Liquefaction and Carbon Capture.” Representing both parties, our company’s General Manager Shen Jianchong and Executive Deputy General Manager Xu Meinan, along with Furui Energy Services’ General Manager Li Huibing, Deputy General Manager Wei Qiang, and Overseas Sales Managers Huang Chongwen and Jia Wentao, attended and witnessed this significant moment marking the beginning of a new chapter in low-carbon cooperation. The establishment of this strategic partnership signifies that the two companies will integrate their respective strengths to engage in deep collaboration in key areas of carbon reduction, injecting new momentum into the green transformation of the energy industry.

       The core of this collaboration lies in the deep integration of our company’s nearly two decades of cutting-edge process technologies, core equipment manufacturing, and experience from hundreds of projects in the fields of carbon capture, purification, and resource utilization with Furui Energy Service’s mature global capabilities in project investment, operations management, market development, and risk control. In the areas of carbon dioxide liquefaction and carbon capture, the two companies will jointly build a comprehensive industrial chain covering “technology-equipment-investment -operation-service," to provide systematic solutions originating from China for the global energy sector’s low-carbon transition.

       Both parties will focus on the core areas of carbon dioxide liquefaction and carbon capture, jointly advancing a new full-cycle cooperation framework comprising “advanced process technology packages + core equipment manufacturing + international engineering services + project investment and operations.” Leveraging our company’s advanced process technology packages and next-generation patented solutions, combined with Furui Energy Services’ modular equipment technology and global project resources, we will establish replicable benchmark projects for low-carbon energy, while establishing regular mechanisms for technical exchange and resource sharing, jointly cultivating a professional talent pool, and enhancing both parties’ core competitiveness in the green energy sector.

       This strategic partnership between our company and Furui Energy Services not only enhances both parties’ market competitiveness in the carbon reduction sector but also holds the potential to drive the refinement and upgrading of the carbon reduction industry chain through technological innovation and project implementation. In the future, as cooperative projects are progressively implemented, both parties will provide low-carbon transition solutions to more energy enterprises worldwide, contributing industry-wide efforts toward achieving the “dual carbon” goals.