Recently, the Tianjin Science and Technology Bureau announced the list of the first batch of Cheetah Enterprises. BINHAI INV (02886)'s wholly-owned subsidiary, Tianjin TEDA Binhai Clean Energy Group Co., Ltd., was successfully selected for Tianjin's first batch of Cheetah Enterprises based on its outstanding performance in core technology research, R&D investment intensity, and commercialization of scientific and technological achievements.

Tianjin's "Cheetah Enterprises" refer to companies with strong technological innovation capabilities, corresponding R&D investment and scientific talent, substantial corporate scale and strength, and robust technological accumulation. As an important honor within Tianjin's technological innovation system, "Cheetah Enterprises" are not only pioneers in technological innovation but also key forces leading industrial transformation and upgrading while driving regional economic advancement.

Tianjin will provide support to Cheetah Enterprises through project applications and loan interest subsidies. For units that increase R&D investment and enhance research capabilities through purchasing scientific research instruments and equipment or establishing internal R&D institutions, the city will provide financial subsidies of up to 5 million yuan based on actual investment levels.

Tianjin Clean Energy's successful selection as a Cheetah Enterprise fully demonstrates its research capabilities. BINHAI INV will continue to increase R&D efforts and actively apply for various levels of technological projects and innovation qualifications to enhance the company's technological innovation capacity and influence in science and technology innovation.