Jiangsu Eastern Shenghong announced that its subsidiary Shenghong Petrochemical Industry Group signed a "Framework Agreement for Comprehensive Utilization of Precious Metals Waste Catalysts" with Xuzhou Haotong New Materials Technology, selling waste catalyst assets with a book net value of 1.986 billion yuan, which includes waste catalysts of Silver, Gold, and Platinum. This contract does not constitute a related transaction or a major asset restructuring, and the contract period lasts until December 31, 2028, with an expected positive impact on the company's operating performance. After the contract is signed, Haotong Technology will prepay no less than 0.3 billion yuan, and the remaining payment will be made as stipulated in the contract.