Top Resource Energy announcement: The company recently received a notice from Sino Oil & Gas Holdings. The High Court of Hong Kong has rejected the appeal of Sino Oil & Gas Holdings' creditors' restructuring plan. This matter triggered the termination clause in the comprehensive restructuring documents signed by all parties, and the company has decided to terminate its participation in the restructuring trade of Sino Oil & Gas Holdings. The company stated that terminating its participation in this restructuring trade will not have any adverse impact on the company's financial condition and operation, and there is no situation that harms the company and shareholders' interests. The company will continue to strengthen communication, coordination, and scheduling with upstream gas sources and downstream major industrial customers to ensure a stable supply of gas sources and promote the long-term and stable development of the company.