Luhua Technology: Plans to implement a gasification project with an investment of 58 million yuan, involving related transactions.

Luhua Technology announced that the company plans to implement the "800t/d Ultra-high Temperature Gasification Technology Independent R&D and Industrial Demonstration Project suitable for Shanxi's 'Three Highs' coal," and has signed a "Cooperation Framework Agreement" with multiple parties, with an investment not exceeding 58 million yuan, funded by self-raised capital. Since the collaborating unit, Taihua New Materials, is a related party of the company, it is expected that the allocated task amount will not exceed 22 million yuan, constituting a related party transaction. The project is scheduled to be completed by March 31, 2028. This project has been approved by the Board of Directors and does not require the approval of the Shareholders' Meeting, but there are risks related to R&D and implementation progress.