Xinjiang Xintai Natural Gas announced that on December 23, 2024, its subsidiary Asia America Continental Coalbed Methane Co., Ltd. received a government subsidy of 66.3398 million yuan related to the Mabi block from its partner. This subsidy is related to revenue; after deducting value-added tax, it will be recognized in full in the current profit and loss, having a positive impact on the company's profit for the fiscal year 2024.
新天然气：获得政府补助6633.98万元
Xinjiang Xintai Natural Gas: Received a government subsidy of 66.3398 million yuan.
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