Sinofert Holdings Limited has announced a connected transaction under a general contracting agreement for the Harmless Phosphogypsum Backfill Utilization Project. Through a public tender process, CBLE and Zhejiang Tuohai Construction Co., Ltd. were confirmed as the joint successful bidders, both possessing the necessary qualifications and technical expertise. The transaction was entered into in the ordinary and usual course of business, on normal commercial terms. The highest applicable percentage ratio for the transaction exceeds 0.1% but is less than 5%, making it subject to reporting and announcement requirements under Chapter 14A of the Hong Kong Listing Rules, but exempt from independent shareholders' approval. No director was regarded as having a material interest in the agreement, and none abstained from voting on the resolution.