Kaisun Stock (300257.SZ) subsidiary signs "Enhanced Geothermal System (EGS) Development Cooperation Agreement".

Zhongtong Finance APP News, Openshan Stock (300257.SZ) announced that its wholly-owned US subsidiary Open Mountain Energy, LLC (referred to as "OME") has signed a "Enhanced Geothermal System (EGS) Development Cooperation Agreement" with Power Planet, Inc. (referred to as "Power Planet"). The two parties plan to rely on the StarPeak geothermal project resources in the Humboldt House geothermal unit area in Pershing County, Nevada, USA, operated by OME, to carry out EGS technology validation and commercial development cooperation. Through phased implementation, they aim to promote the integration development of traditional geothermal resources with EGS technology.