Donghua Energy announced that its subsidiaries Donghua Energy New Materials Co., Ltd. and Donghua Energy Co., Ltd. intend to sign a “Framework Contract for Comprehensive Utilization of Precious Metal-Containing Waste Catalysts” with Xuzhou Haotong New Material Technology Group Co., Ltd. The assets sold this time are platinum-containing waste catalysts, with an original book value of 639 million yuan, a net book value of 527 million yuan, an assessed value of 1.11 billion yuan, an estimated value-added value of 583 million yuan, and a value-added rate of 110.50%. The transaction does not constitute a major asset restructuring. It has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for consideration. The contract period is from the date of signing to December 31, 2028.

Donghua Energy announced that its subsidiaries Donghua Energy New Materials Co., Ltd. and Donghua Energy Co., Ltd. intend to sign a “Framework Contract for Comprehensive Utilization of Precious Metal-Containing Waste Catalysts” with Xuzhou Haotong New Material Technology Group Co., Ltd. The assets sold this time are platinum-containing waste catalysts, with an original book value of 639 million yuan, a net book value of 527 million yuan, an assessed value of 1.11 billion yuan, an estimated value-added value of 583 million yuan, and a value-added rate of 110.50%. The transaction does not constitute a major asset restructuring. It has been reviewed and approved by the board of directors and still needs to be submitted to the shareholders' meeting for consideration. The contract period is from the date of signing to December 31, 2028.