003039SZSE

Announcement on the Signing of a Supplementary Agreement to the Concession Agreement by a Subsidiary

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Guangdong ShunKong Development Co., Ltd. announces its subsidiary, ShunKong Environment Investment, signed a supplementary agreement to a concession agreement for waste incineration and sewage treatment. The agreement shifts responsibility for ash and slag disposal to the subsidiary from April 2026, with potential government compensation for increased costs due to resource utilization requirements. The company expects no significant adverse impact.

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Announcement on the Signing of a Supplementary Agreement to the Concession Agreement by a Subsidiary

The company and all members of the board of directors guarantee the authenticity, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.

I. Overview of the Supplementary Agreement Signing

Guangdong ShunKong Development Co., Ltd. (hereinafter referred to as "the Company") announces that its holding subsidiary, Guangdong ShunKong Environment Investment Co., Ltd. (hereinafter referred to as "ShunKong Environment Investment"), has signed the "Concession Agreement for Waste Incineration and Sewage Treatment in Shunde District" (hereinafter referred to as the "Concession Agreement") with the Shunde District Environmental Transport Management Bureau. ShunKong Environment Investment holds the concession rights for waste incineration and sewage treatment in Shunde District.

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