Huaibei GreenGold Industry Investment Co. Ltd., a joint stock company incorporated in the People's Republic of China, has formed an Independent Board Committee to evaluate key agreements and transactions. Comprised of all independent non-executive directors, the committee will review the terms of the Products Sales Framework Agreement and the Construction Project Framework Agreement, along with the transactions and proposed annual caps associated with them. These measures aim to ensure transparency and accountability in the company's ongoing business dealings. Additionally, Merdeka Corporate Finance Limited has been appointed as the Independent Financial Adviser to provide expert guidance to the Independent Board Committee and the Independent Shareholders.