01 ■ Breakthroughs in Scientific Research Cooperation
The green energy application project led by Zhongnong Mayer (Beijing) Agricultural Science Research Institute Co., Ltd., a subsidiary of the Group, has collaborated with UK-based EPS Company and integrated Tsinghua University's customized winter energy linkage system, successfully establishing a multifunctional synergistic system of "data center AI computing waste heat + nano-phase change thermal storage".
As China's first AI-powered multi-heat source waste heat recovery application project, it has overcome the bottlenecks of low-grade waste heat conversion and intelligent multi-heat source scheduling through multiple rounds of technological research, achieving three major innovative achievements:
•Energy Conversion Breakthrough: Efficiently convert low-grade waste heat from data centers into energy for people's livelihood and industrial use. Specifically, "efficient conversion of low-grade waste heat from data centers" refers to heating low-temperature hot water (usually around 20°C) generated by server operations through heat pumps, storing thermal energy using phase change energy storage technology, and then introducing it into heating or industrial systems. This turns the previously wasted heat into an energy source for residential heating, agricultural greenhouses, or industrial processes. In other words, without recovery, this heat is usually discharged by cooling systems, resulting in energy waste.
•Multi-Scenario Application: Simultaneously meet the needs of residential heating, office heating, and constant-temperature three-dimensional planting in protected agricultural greenhouses.
•Supply-Demand Matching Innovation: Solve the problem of spatial-temporal mismatch between energy supply and demand in northern China's winter, significantly improving energy utilization efficiency.

02 ■ Implementation and Application Scenarios
The scientific research achievement was officially implemented in the Huailai Zero-Carbon Agriculture Demonstration Park and multiple regional projects on November 16, 2025, and has been successfully promoted to large-scale applications in the people's livelihood and agricultural fields:
1.Residential Heating: Provide stable and clean heating for surrounding residential communities. The system precisely regulates indoor temperatures, fully replacing traditional coal/gas-fired heating modes. It significantly reduces annual carbon emissions and pollutants, contributing to the improvement of regional air quality and the achievement of the "carbon peak" target.
2.Protected Agriculture: Provide constant-temperature heat sources for northern agricultural greenhouses, enabling year-round cultivation of high-value-added crops. The annual output value of land is increased by 1 to 4 times, providing practical solutions to alleviate the shortage of cultivated land resources and supporting the high-quality development of national protected agriculture.

03 ■ Management Comment
The Board of Directors stated that this project is a model achievement of the in-depth integration of "government, industry, academia, research, investment, and application" advocated by the Group, further consolidating the Group's leading position in the fields of phase change energy storage and green energy.
This breakthrough not only promotes the industrial development of "zero-carbon energy + smart agriculture" but also contributes to the country's early achievement of carbon peak and carbon neutrality goals.
Huiyuan Cowins Technology Group Co., Ltd. will continue to drive development through innovation, providing investors with long-term growth potential and sustainable development value.