Yunnan Meineng New Materials Co., Ltd.

Yunnan Meineng New Materials Co., Ltd., a subsidiary of Jingke Holdings Limited, signed a contract with the People's Government of Lufeng City for a 200,000 tons/year BDO plant and a 300,000 tons/year PBAT plant in Qinfeng Chemical Industrial Park. The total investment is approximately CNY 6 billion, with the first phase (100,000 tons/year BDO and 100,000 tons/year PBAT) costing about CNY 4.35 billion.