Nanjing Public Utilities Development announced that its controlling subsidiary Nanjing Port Hua Gas has signed a natural gas sales contract with Port Hua International Energy Trading, with a total contract amount of 63.41 million yuan, with a contract period until March 31, 2025. The contract settlement price is 3.73 yuan/cubic meter, and the purchase quantity is 17 million cubic meters. The transaction constitutes a related party transaction, where Nanjing Port Hua will purchase gas for terminal sales. The transaction has been reviewed and approved by the company's board of directors, and still needs to be submitted for approval at a shareholder meeting. This transaction is based on market pricing principles to ensure fairness and justice, protecting the interests of small and medium-sized shareholders.