According to the Clean Environment announcement, the company filed an arbitration application with India on October 18, 2026 over an EPC general contract dispute with India's Uttar Pradesh Electric Power Co., Ltd. for flue gas desulfurization EPC general contracting contract. The amount involved was 3,982 billion rupees, or approximately RMB 280 million. The original amount of the contract was about 480 million yuan. The project was postponed several times due to force majeure and visa issues. The owner unilaterally terminated the contract in July 2025 and paid a guarantee of 558.79 million yuan. At that time, the completion progress of the project was about 41%, and the company made a cumulative repayment of 199 million yuan, with a total payment of 383 million yuan. The results of this arbitration are uncertain, and it is not possible to determine the impact on the company's profits.

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