Jiufeng Energy (605090.SH) signed a relevant agreement with China Aerospace Science and Technology Corporation, with the service implementation site being Hainan Commercial Aerospace Launch Center.

Zhtng Cijng APP News, Jiufeng Energy (605090.SH) announced that in order to further ensure the addition of new workstations (No. 3 and No. 4 workstations) at the Hainan Commercial Space Launch Center and the mid-to-long-term space launch planning, and to meet the potential demand for normal and high-density launches, and also to meet the new demand of the Hainan Wenchang Xingjian Industrial Park (Satellite Super Factory), the company actively implemented the Hainan Commercial Space Launch Center Special Fuel and Gas Supporting Project Expansion Plan (Phase 2). The company has signed an Industrial Investment Agreement for the Hainan Commercial Space Launch Center Special Fuel and Gas Supporting Project (Phase 2) with the Wenchang International Aerospace City Administration and the Wenchang Municipal People's Government, with an expected total investment of approximately 300 million yuan. According to the relevant needs, the expansion plan is proposed to include liquid nitrogen, liquid oxygen, green hydrogen, helium, krypton, xenon, light hydrocarbons, space kerosene, and other related special fuel and gas production and storage facilities, to further improve the supporting supply capacity of this project and meet the rapidly growing potential market demand. As of now, the company is actively advancing the land planning and site selection work related to this project (Phase 2), while preparing for other related work simultaneously.