RUIFENG RENEW (00527) announced that on July 15, 2025, after trading hours, its jointly owned subsidiary Carbon Matrix Technology Limited partnered with Sunward New Energy (Hong Kong) Limited through a carbon credit development and sales agreement. Under this exclusive collaboration, Sunward will cooperate solely with Carbon Matrix to develop and sell carbon credits generated from host-country emission reduction projects. Carbon Matrix will act as the exclusive project proposer, managing the registration, verification, issuance, and trading of these credits under internationally recognized carbon standards.

By leveraging Sunward's technological capabilities and project pipeline alongside the Group's proprietary platform and resources, the partnership is expected to create significant synergies. These synergies will support scalable carbon asset business development. RUIFENG RENEW aims to strengthen its position in the voluntary carbon market, contributing to global decarbonization efforts while creating sustainable value for shareholders.

Concurrently, as the Group expands its carbon asset portfolio, Carbon Matrix is actively exploring the feasibility of tokenizing carbon assets using Hong Kong's Real World Assets (RWA) framework. This strategic initiative involves digitally representing these assets on blockchain technology to enhance transparency, liquidity, and accessibility within financial markets.