CHANT GROUP: The income from the sale of carbon emission allowances is classified as non-recurring gains and losses, related to market conditions and other factors

In response to questions such as "The company earned more than 30 million yuan in non-operating income last year from the sale of carbon emission allowances. Can this income be considered a relatively stable expected income?", CHANT GROUP stated during a recent institutional research meeting that carbon emission allowances are the carbon emission quotas allocated by the government to controlled emission enterprises for a specified period. If a company's actual emissions are less than the quotas allocated by the state, it can trade the surplus quotas. Last year's income from this was classified as a non-recurring gain or loss item, and its level of income is related to whether there are surplus quotas available for sale at the time of annual settlement and the carbon market conditions at the time of sale