JIANGSU JINGYUAN ENVIRONMENTAL PROTECTION: The cloud computing-related business accounts for a relatively small proportion of the company's overall business structure and has no impact on the company's overall development for now

According to the Zhitong Finance APP, JIANGSU JINGYUAN ENVIRONMENTAL PROTECTION (688096.SH) has released a stock price fluctuation announcement. Recently, the company has noticed some information on media platforms linking it to Blue Cloud Technology Group Co., Ltd. (hereinafter referred to as "Blue Cloud Technology"). The company clarifies the relevant matters as follows:

The computing power servers purchased by the company's wholly-owned subsidiary Nantong JIANGSU JINGYUAN CLOUD COMPUTING TECHNOLOGY Co., Ltd. (hereinafter referred to as "JIANGSU JINGYUAN CLOUD COMPUTING") are used for self-use, and the idle portion is entirely used to provide computing power cloud services to Blue Cloud Technology. Currently, there is no remaining computing power. In June 2024, JIANGSU JINGYUAN CLOUD COMPUTING signed a "Computing Power Cloud Service Contract" with Blue Cloud Technology, charging a fixed service fee of 2.465 million yuan per month, with a service period of 2 years. JIANGSU JINGYUAN CLOUD COMPUTING is expected to achieve operating revenue of approximately 13.65 million yuan in 2024, accounting for 2.9% of the company's total operating revenue. The company's core business remains focused on the industrial water treatment sector, and the cloud computing-related business accounts for a relatively small proportion of the company's overall business structure, having no impact on the company's overall development.

In November 2024, JIANGSU JINGYUAN CLOUD COMPUTING signed a strategic cooperation agreement with Blue Cloud Technology. Currently, JIANGSU JINGYUAN CLOUD COMPUTING and Blue Cloud Technology have not yet formulated specific cooperation plans