Shangao Environmental Energy announced that on October 23, 2026, the company signed a strategic cooperation agreement with China Aviation Oil Group Petroleum Co., Ltd. to cooperate in closed-loop management of kitchen waste oil to SAF, equity investment, technology and project collaboration. The agreement is a framework document, valid for 5 years. The specific cooperation is subject to the special business agreement signed separately; this signing will not have a significant impact on the company's business performance this year.

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