Changqing Group: Accrued asset impairment provision of 145 million yuan.

Changqing Group Announcement: The company plans to make an impairment provision of a total of RMB 145 million for the long-term assets of its wholly-owned subsidiaries, Mingshui Environmental Protection and Ningan Environmental Protection, to be recognized in the fourth quarter financial statements of 2025. The two project companies are facing uncertainty in future profitability due to high power generation costs and the expiration of national renewable energy subsidies, and the company is currently promoting a transformation of their business model. The impairment provision will reduce the company's net profit for 2025 by RMB 142 million, and specific data are subject to the audited financial statements.