Zheng Dan Holdings: The fundraising project "Comprehensive Utilization of Exhaust Gas for Nitrogen Production" has entered the trial production stage.

Zhengdan Corporation announced that the company has completed the main construction and equipment installation and commissioning of the "Nitrogen production project using comprehensive utilization of reaction exhaust gas" in the fundraising for investment projects through the issuance of convertible corporate bonds to unspecified objects. The trial production plan and trial production conditions verification report have been approved by experts, and the project has entered the trial production phase. The "Nitrogen production project using comprehensive utilization of reaction exhaust gas" is aimed at the comprehensive recycling and utilization of medium-pressure nitrogen-rich exhaust gas emitted by the company's existing phthalic anhydride production equipment. This project is an important measure for the company to practice energy conservation and emission reduction, achieve resource recycling, reduce overall energy consumption, consolidate the competitive advantage of phthalic anhydride products, and is expected to generate good economic benefits. It aligns with the national "dual reduction" environmental protection policy and the sustainable development strategy of green, low-carbon.