CENTRAL NEW EGY (01735) Forms Strategic Partnership with Jilin Huajin to Expand Green Methanol and Renewable Energy Projects

Stock News10-17

CENTRAL NEW EGY (01735) announced on October 16, 2025, that it has entered into a strategic cooperation agreement with Jilin Huajin Energy Co., Ltd., through its wholly-owned subsidiary, CENTRAL NEW EGY Innovation Research Institute. This agreement aims to establish a strategic partnership in which CENTRAL NEW EGY Innovation will leverage its strengths in chemical methanol, project investment, green photovoltaic component supply, and energy storage system supply to support Jilin Huajin in developing green methanol and related renewable energy projects. The board believes that the cooperative framework outlined in this agreement will allow the group to capitalize on its experience and capabilities in developing and operating renewable energy projects. The board also believes that this collaboration can expand the group's business opportunities, diversify its revenue sources, and enhance its financial performance. Therefore, the board considers that working with Jilin Huajin will benefit the group's future development and align with the overall interests of the company and its shareholders.

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