Qingxin Environment: Pan San Power Plant BOT project completed handover, received compensation of 31.2230 million yuan

Qingxin Environment announced that due to the policy-based shutdown of Pansan Power Plant, the BOT project contract for the ultra-low emission retrofit of the 2135MW units at Pansan Power Plant previously signed by the company can no longer be performed. The two parties jointly commissioned an appraisal agency to appraise the transferred assets, with the appraisal base date being April 30, 2025. The market value of the assets excluding tax was 32.7611 million yuan, and according to the contract, the compensation amount was determined at 95% of the appraised value, amounting to 31.2230 million yuan. Currently, Pansan Power Plant has paid all compensation funds, and the project has been officially handed over. This transaction is expected to reduce the company's consolidated net profit for 2026 by approximately 1.6380 million yuan.