Guanghui Energy: It is highly probable that energy prices will remain at high levels with a wide range of fluctuations within the year, and the price center will remain stable.

Regarding the outlook for LNG prices in the second half of the year, how do you compare this round of price fluctuations with the period of the Russia-Ukraine conflict? Guanghui Energy recently stated during a roadshow that in the medium to short term, the pattern of energy product prices running at high levels is sustainable. The current Middle East conflict is unlikely to be quickly resolved in the short term. Even if the situation eases later on, the repair of oil and gas production capacity, reconstruction of transport routes, etc., will still take a long period of time, providing rigid support to international energy prices. At the same time, countries around the world continue to strengthen their demands for energy security, further boosting the resilience of demand for traditional oil, gas, and coal products. In summary, it is likely that energy prices will remain at high levels with wide fluctuations throughout the year, with the price center remaining stable. In the medium to long term, it is unlikely that international mainstream energy prices will return to their pre-conflict low levels. The overall favorable external market environment also creates a valuable strategic window for the company's operation and development.