Recently, the Chinese Academy of Sciences (CAS) announced 10 projects selected under its *"13th Five-Year Plan Initiative for Promoting the Transfer and Industrialization of Scientific and Technological Achievements"* (abbreviated as the "Hongguang Special Project "). Among them, our company’s "CGAS Coal Gasification Technology" project was successfully included.

With the continuous expansion of the company's operations, the existing organizational structure could no longer meet developmental demands, necessitating the establishment of its own technology R&D center. On June 26, 2017, CAS Hefei Gasification Technology Co., Ltd. registered and established its Beijing Branch in Zhongguancun, Haidian District, Beijing.

On January 7, 2017, the First Shareholders' Meeting and the Board of Directors Meeting of CAS Hefei Gasification Technology Co., Ltd. (referred to as "the Company, the same below"), affiliated with the Chinese Academy of Sciences, was successfully held in Conference Room 204 at the Institute of Engineering Thermophysics, Chinese Academy of Sciences. Attendees included Dai Wengang, Deputy Director of Hechao Economic Development Zone Management Committee, Lv Qinggang, Deputy Director of the Institute of Engineering Thermophysics, Chinese Academy of Sciences, and other relevant personnel. The meeting was chaired by Yuan Shiwu, Chairman of the Company.