The board of directors of China Gas Holdings Limited announced that, on 22 June 2021, the Company and the People's Government of Puning City have entered into a cooperation agreement. Based on the principle of ``openness and fairness, complementary advantages, mutual benefit for win-win situation, market liberalization, and long-term steady cooperation'', both parties will further promote infrastructure facilities construction and rural revitalization in Puning, and optimize and adjust the energy structure, through close cooperation and leveraging the competitive edges of each party. Pursuant to the Cooperation Agreement, the Company and the People's Government of Puning City have agreed to cooperate in the following aspects: establishing a joint venture: An entity under the People's Government of Puning City and the Group entered into an agreement to establish a joint venture as to 30% owned by the People's Government of Puning City and 70% owned by the Group to jointly develop and build energy industrial projects in Puning. City and township gas supply project: The People's Government of Puning City will support the Group to proceed clean energy supply businesses such as city and township natural gas projects and rural Smart MicroGrid (smart gas). Integrated energy utilization and construction project: From the perspective of promoting energy market development and industrial upgrade with the existing cold-heat-electricity cogeneration technology, gas boiler central heating and other new Energy technologies, the Group will support the integrated energy utilization planning and preparation for Puning, offer various solutions for different energy needs of industrial parks and large-scale commercial complexes in Puning, and construct regional centralized multi-energy supply, to improve integrated energy efficiency. Cooperation in the construction of charging facilities for electric vehicles and electric bicycles: The People's Government of Puning City regards the Group as an important partner for the construction of charging facilities for electric vehicles and electric bicycles. It will support the Group to proceed with the construction of charging facilities for electric vehicles and electric bicycles in Puning. It is planned to construct 20,000 electric bicycles charging ports and the vehicle charging piles will be centrally planned and launched in different stages to meet the demand arising from urban development. Smart city and e-commerce platform poverty alleviation project: The People's Government of Puning City will support the Group's ``Zhongran Smart Living'' APP platform to use the grid-based platform and big data of the People' Government of Puning City. Punning's specialty products will be promoted to all over the country through the Zhongran Smart Living e-commerce platform.