Fujian Funeng announced in the evening that the company has received a letter from the Fujian Provincial State-owned Assets Supervision and Administration Commission forwarded by its indirect controlling shareholder, Fujian Energy Petrochemical Group Co., Ltd., approving Fujian Funeng to issue convertible corporate bonds to unspecified parties, with a total amount not exceeding 3.9 billion yuan. This matter still needs to be reviewed and approved by the company's shareholders' meeting and regulatory authorities before it can be implemented.