Pengyao Environmental Protection: Explanation of Progress on "SEED + Service Industry Computing Power" Concept and Related Cooperation

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Investor Question:

  1. In the “SEED+” strategy, the company proposed the concept of “SEED+ service industry computing power” (interview in January 2026). It plans to utilize the stable environment and green energy conditions of the SEED water plant. How are the research and development investments, team, patents, and projects/collaborations in the deployment of edge computing nodes in the computing field progressing?
  2. What are the phased goals and timeline for moving from research and development to commercialization in this area?
  3. Will there be increased disclosure of information related to computing power businesses in the future, clarifying technological progress and business boundaries?
  4. How is the progress of the cooperation with Yixing Telecom on the low-carbon intelligent computing center?

Secretary of the Board Answer (Pengyao Environmental Protection SZ300664):

Hello, thank you for your attention to the company.

  1. Regarding the “SEED+ service industry computing power” concept and related investments The “SEED+ service industry computing power” content you mentioned in the interview is a forward-looking concept and research direction under the company’s “SEED+” strategy framework for future technological application scenarios. The idea aims to explore the possibility of deploying edge computing nodes using the indoor, green-energy self-sustaining physical conditions of the SEED water plant. Currently, this concept is still in the early stages of research and exploration, and is not a confirmed construction project with a clear timetable. The company has not yet achieved large-scale or substantive progress in this area. Whether it can be realized, when, and the effects after realization are highly uncertain.
  2. Regarding phased goals and timeline from R&D to commercialization As mentioned above, “SEED+ service industry computing power” is currently only a strategic expansion direction. The company has not set specific phased goals or a clear timeline. The company’s technological R&D and commercialization always follow a cautious and pragmatic approach, making decisions based on technological maturity, market demand, industry support, and resource availability.
  3. Regarding information disclosure of related businesses The company strictly complies with relevant laws, regulations, and regulatory requirements for information disclosure. In the future, if research, development, or cooperation projects related to “SEED+ service industry computing power” make substantial progress and have an impact on the company’s operating performance or business structure that meets disclosure standards, the company will disclose this information in a timely manner. The company will not issue separate announcements on unconfirmed or preliminary exploratory ideas that do not meet disclosure standards.
  4. Regarding the progress of cooperation with Yixing Telecom on the low-carbon intelligent computing center The company and Yixing Telecom signed a strategic cooperation framework agreement in December 2025. The cooperation in areas such as computing infrastructure, AI technology applications, and low-carbon infrastructure is currently in the preliminary promotion and pilot exploration stage, and has not yet achieved large-scale implementation.

A reminder to investors: The related expansion directions under the “SEED+” strategy are the company’s future plans based on industry development. There are significant differences between plans and actual implementation. The progress of technology R&D, market expansion, and commercialization faces many uncertainties. Investors are advised to view the company’s strategic concepts reasonably, avoid equating target plans with actual operational results, and make rational investment decisions.

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Disclaimer: This information is excerpted by Sina Finance from public sources and does not constitute any investment advice; Sina Finance does not guarantee the accuracy of the data, and the content is for reference only.

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