Wanjing Energy: Will continue to implement the safety upgrade and transformation of old pipeline networks.

Vanjing Energy recently stated at an investor online reception day event that the company has completed 148.48 kilometers of its own long-distance transmission pipeline, with over 750 kilometers of municipal pipeline network and 20 stations in the Akashu urban area, fully covering its own franchise operating area. The current overall utilization rate of the pipeline network is within a reasonable range, and the long-distance transmission pipeline will continue to release cost advantages with the increase in gas supply scale, fully meeting the gas demand of residents and businesses in the region. In the future, the company will continue to implement safety upgrades and renovations for old pipeline networks, moderately extend and expand in line with the gas demand of industrial parks and newly built urban areas, and simultaneously deploy smart pipelines to improve operational efficiency. If there are large-scale pipeline investment projects that meet disclosure standards, the company will announce them in a timely manner.