Vantaa Environment: The total investment is approximately 1.244 billion RMB to construct a waste incineration power generation project in Indonesia.

Wangneng Environment Announcement: The company held a board meeting on March 4, 2026, and approved the proposal to invest in a waste incineration power generation project in Indonesia. The total investment for the project will not exceed $180 million, equivalent to approximately 1.244 billion RMB, accounting for 8.59% of the company's most recent audited total assets and 18.62% of net assets. The project will involve the construction of a waste incineration power plant with a daily processing capacity of 1,500 tons in the city of Wujiaxi, Indonesia, with an expected operating period of 30 years. The company plans to raise funds through a combination of 30% self-owned funds and 70% debt financing or equity financing. The main source of income for the project will be electricity sales revenue, with an electricity price of $0.20/kWh. It is expected that the completion of the investment construction will enhance the company's profitability.