On January 10, 2024, the first day of theLunar New Year, the chairman personally visited the two drilling teams engaged in coalbed methane operations, offering New Year greetings and delivering a speech. He exhorted everyone to embrace the new year with a proactive attitude, striving to achieve better performance for the company in 2024.

The Chairman emphasized the spirit of "starting the new year with determination and striving for excellence from the outset," clarifying our position and urging meticulous and thorough efforts. He emphasized the full-scale follow-up of the construction of two key wells, implementing corresponding technical measures to ensure downhole safety. Embarking on a new journey, we must confront the harsh winter with a pragmatic attitude, giving our utmost to win the "first leg" of the new year's race.

In the Fukang Coalbed Methane Block, the company's two 50-drilling rigs are engaged in drilling two high-risk exploration wells, paving the way for subsequent exploration by the party concerned in this block. The strata are prone to collapse, and the formation pressure coefficient is high, coupled with continuous winter construction. The Chairman instructed that Well FK7 should proceed with the third spudding while ensuring safe construction, while Well Wucan 3 should summarize previous experience and lessons, strengthen control over downhole abnormalities, and complete drilling as soon as possible. During the Chinese New Year, all departments of the company fully cooperated with the construction of the two wells.

This year marks a crucial period for the company's listing. Standing at a new starting point, we must demonstrate new achievements, seize the opportunity, unite and strive together. All employees must gather momentum, embrace new goals, empower themselves for an "accelerated run," and continue to write new chapters in the new year.