CENTRAL NEW EGY (01735) Plans to Establish Strategic Partnership with Ant Blockchain in Renewable Energy Digital Assets and AI Ecosystem

Stock News
2025/09/19

CENTRAL NEW EGY (01735) announced that on September 19, 2025, Ant Blockchain Technology (Shanghai) Co., Ltd. (Ant Blockchain) entered into a strategic cooperation framework agreement with the company. Under this agreement, both parties intend to establish a strategic partnership in areas including renewable energy digital assets and renewable energy artificial intelligence ecosystem.

The contracting parties will leverage their respective advantages in research and development, technology, products, branding, and resources to establish a strategic partnership in renewable energy digital assets and renewable energy artificial intelligence ecosystem, jointly promoting the integration and high-quality development of the renewable energy industry with the digital economy.

Specifically, the contracting parties will utilize Ant Blockchain's core technological and service advantages in blockchain technology, full-chain data asset solutions, artificial intelligence large models, and ecosystem integration, combined with the company's industrial strength in high-tech and manufacturing, including renewable energy intelligent manufacturing, integrated solar-storage-charging construction and operation, hydrogen energy development and utilization, and comprehensive energy services for zero-carbon industrial parks with source-grid-load-storage capabilities, to jointly explore the following main areas:

1. Renewable Energy Asset Tokenization: Combining Ant Blockchain's technical expertise in blockchain applications with the company's industrial advantages in the renewable energy sector, the contracting parties plan to jointly develop on-chain data integration for the company's renewable energy assets (such as photovoltaic power stations, zero-carbon industrial parks, and integrated energy stations) both domestically and internationally, continuously improve on-chain data integration standards, and conduct business collaboration on real asset tokenization based on the aforementioned on-chain data integration. They will jointly invest in the company's renewable energy assets through overseas industrial funds, with Ant Blockchain or its suitable affiliates serving as the tokenization technology solution provider.

2. Intelligent Operation of Renewable Energy Assets: Through deep integration of Ant Blockchain's capabilities in energy artificial intelligence with the company's renewable energy industry data and scenarios, the contracting parties will jointly promote industrial intelligent upgrading. For example, utilizing meteorological and historical data to train artificial intelligence models to predict photovoltaic and wind power generation, conducting user electricity consumption behavior analysis for load forecasting, thereby optimizing grid scheduling strategies and reducing wind and solar curtailment rates. These capabilities will ultimately enhance the company's operational efficiency and competitiveness in intelligent forecasting and scheduling, creating new value.

3. Dual Carbon and Green Certificate Service Collaboration: Based on intelligent operations, the contracting parties will jointly explore market and business model innovations in areas such as green electricity and green certificates, as well as carbon asset management and trading, thereby promoting the company's renewable energy business to further develop in a greener direction.

Ant Blockchain is a company established in China and serves as the operational entity for the technology commercialization division under Ant Technology Group Co., Ltd. Ant Technology began independent operations in 2024, primarily engaging in blockchain technology services and holding multiple leading technologies and patents in the blockchain field.

The board of directors believes that the cooperation framework proposed and outlined in this agreement will enable the group to leverage its experience and capabilities in developing and operating renewable energy projects. The board also believes that this cooperation can expand the group's business opportunities, broaden its revenue sources, and enhance its financial performance. Therefore, the board considers that the cooperation with Ant Blockchain will benefit the group's future development and align with the overall interests of the company and its shareholders.

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