CENTRAL NEW EGY plans to establish a strategic partnership with Ant Blockchain in the fields of digital assets for new energy and new energy artificial intelligence ecology

According to the announcement from Zhonghuan New Energy (01735), on September 19, 2025, Ant Blockchain Technology (Shanghai) Co., Ltd. (Ant Blockchain) entered into a strategic cooperation framework agreement with the company. Under this agreement, the parties intend to establish a strategic partnership in the fields of new energy digital assets and new energy artificial intelligence ecology. The contracting parties shall leverage their respective advantages in research and development, technology, products, brands, and resources to establish a strategic partnership in the fields of new energy digital assets and new energy artificial intelligence ecology, jointly promoting the integration of the new energy industry with the digital economy and high-quality development. Specifically, the contracting parties will utilize Ant Blockchain's core technology and service advantages in blockchain technology, full-chain solutions for data assets, artificial intelligence large models, and ecological integration, combined with the company's strengths in high-tech and manufacturing industries, including new energy intelligent manufacturing, integrated construction and operation of solar storage and charging, hydrogen energy development and utilization, as well as comprehensive energy services for zero-carbon industrial parks with source-grid-load-storage capabilities, to jointly explore the following key areas: Tokenization of new energy assets: By combining Ant Blockchain's technical expertise in blockchain applications with the company's industrial advantages in the new energy sector, the contracting parties intend to jointly develop on-chain data integration for the company's new energy assets (such as photovoltaic power stations, zero-carbon industrial parks, and comprehensive energy stations) both domestically and internationally, continuously improving on-chain data integration standards, and conducting business collaboration for the tokenization of real assets based on the aforementioned on-chain data integration. They will jointly invest in the company's new energy assets through overseas industrial funds, with Ant Blockchain or its suitable affiliates acting as the provider of tokenization technology solutions. Intelligent operation of new energy assets: By leveraging Ant Blockchain's strengths in energy artificial intelligence and the company's deep integration of new energy industry data and scenarios, the contracting parties will jointly promote the intelligent upgrade of the industry. For example, they will use meteorological and historical data to train artificial intelligence models to predict photovoltaic and wind power generation, analyze user electricity consumption behavior for load forecasting, thereby optimizing grid scheduling strategies and reducing curtailment rates. These capabilities will ultimately enhance the company's operational efficiency and competitiveness in intelligent forecasting and scheduling, creating new value. Collaboration on dual carbon and green certificate services: Based on intelligent operations, the contracting parties will jointly explore market and business model innovations in the fields of green electricity, green certificates, and carbon asset management and trading, thereby promoting the company's new energy business to further develop in a greener direction. Ant Blockchain is a company established in China and operates as the commercialization department of Ant Group Co., Ltd. Ant Technology began independent operations in 2024 and primarily engages in blockchain technology services, possessing several leading technologies and patents in the blockchain field. The announcement states that the board of directors believes that the cooperation framework outlined in this agreement will enable the group to leverage its experience and capabilities in developing and operating new energy projects. The board also believes that this cooperation can expand the group's business opportunities, broaden its revenue sources, and enhance its financial performance. Therefore, the board believes that cooperation with Ant Blockchain will be beneficial for the group's future development and will align with the overall interests of the company and its shareholders