On August 22, Glassnet reported that Hubei Heyuan Gas Co.,Ltd. (002971.SZ) announced that, according to the company's strategic development needs, the company and the Wuhan Donghu Comprehensive Bonded Zone Construction Service Center (Party A) jointly signed the "Hubei Heyuan Gas Electronic Gas Center and Global Headquarters Project Investment Cooperation Agreement" in Wuhan on August 22, 2024. The company plans to invest in and build the electronic gas center and global headquarters project in the jurisdiction of Party A. Based on preliminary estimates, the total planned investment is approximately 2.2 billion yuan, with phased construction of Hubei Heyuan Gas Electronic Gas Center and Global Headquarters.

With the vigorous investment attraction in the field of semiconductors in recent years in the Wuhan Donghu New Technology Development Zone, the area has become a key hub for domestic optical communication, chip, and LCD panel industry clusters. The signing of the cooperation agreement between the company and the Donghu Comprehensive Bonded Zone is a win-win move of government-enterprise coordination and complementary advantages. It is an important layout for the company to implement its strategic goal of "building a comprehensive gas company with international competitiveness" and is beneficial for the company's market expansion in the semiconductor industry chain. If this project is successfully implemented, it will help enhance the company's future operational performance and market competitiveness.