From July 17th to 18th, the 2025 Carbon Capture APAC Summit was held at the Melbourne Convention and Exhibition Centre (MCEC). Chairman of JNG China, Luo Jing, and Professor Ran Wei, the General Manager of the Agricultural Company, led the technical team to attend the conference in Australia. At the summit, we focused on presenting and explaining our independently developed, globally leading integrated ammonia-based desulfurization and decarbonization with carbon-sulfur-based enhanced-efficiency fertilizer production technology (CCUF) to the participants, and received high praise from participants from all over the world.

According to industry statistics, the urgency of reducing carbon emissions has stimulated the demand for carbon storage, and the Asia-Pacific region is expected to attract $15 billion in carbon capture, utilization, and storage (CCUS) investment over the next decade. As the top event in the CCUS field in the Asia-Pacific region, international government agencies, carbon capture industry leaders, policymakers, investors, and technical experts have gathered together to jointly discuss topics covering policies, markets, technologies, and international cooperation, aiming to deepen regional exchanges and promote industry development.

During the summit, JNG showcased our CCUF technology, which, through its unique and innovative process, can achieve the desulfurization and decarbonization of flue gas within a single facility. It can also further process the by-products of ammonium sulfate and ammonium bicarbonate into highly efficient carbon-sulfur-based enhanced-efficiency fertilizer, effectively overcoming the long-standing challenges faced by traditional CCUS technologies such as high investment, high operating costs, and difficult sealing. Our company's on-site booth attracted a large number of attendees' attention. The technical team presented the technical principles, core advantages, and successful cases of CCUF through vivid and informative display boards, videos, and clear explanations to industry experts, enterprise representatives, and government officials from all over the world.

Mr. Feron, the head of carbon capture science at the Commonwealth Scientific and Industrial Research Organisation (CSIRO) of Australia, has shown great interest in our CCUF technology. He believes that our company's achievement of efficient decarbonization while solving the ammonia slip from the ammonia-based decarbonization process is a very rare technological advancement. Processing the by-products into enhanced-efficiency fertilizer can significantly reduce the operating costs of the project, and is expected to provide a new solution for carbon emission reduction in Australian coal-fired power plants. At the same time, we have preliminarily reached cooperation intentions in project development and other aspects to promote the local application of CCUF technology in Australia.

We also conducted fruitful exchanges with government officials from countries such as Australia, Singapore, and Malaysia. They highly recognized our company's efforts and achievements in carbon capture technology innovation, and expressed their intention to actively promote exchanges and cooperation with power plants with carbon capture demands, in order to promote the popularization and application of CCUF technology in the Asia-Pacific region, thereby accelerating the achievement of emission reduction targets and the low-carbon transformation of the industry.

The representative of JNG's international department took the stage at this summit to showcase the innovative advantages and application results of our company's CCUF technology to the participants from all over the world. The audience listened attentively and took photos from time to time, demonstrating great interest.

This participation is our company's significant appearance on the international carbon capture stage once again, following our participation in the Carbon Capture Europe Summit 2025 in April this year. The company will take this summit as an opportunity to further explore international cooperation opportunities, expand overseas markets, and contribute more wisdom and strength to the global carbon reduction mission.