In the afternoon of March 11th, Jason SOH, Head of Marketing for the Asia-Pacific Petrochemicals Department of BASF, visited the Fertilizer Company to discuss further business cooperation expansion. Yan Hongbin, Assistant to the General Manager of SOHO Holly, and key personnel from the Fertilizer Company attended the discussion.

Yan Hongbin welcomed Jason SOH and introduced the development and business layout of the holding group and SOHO Holly. He noted that as a major subsidiary of SOHO Holly the Fertilizer Company has extensive chemical product trading experience and a professional team. It is strengthening its traditional business while exploring new sectors. Yan expressed interest in establishing deep - seated cooperation with BASF, leveraging BASF's position as a leading foreign - funded enterprise in China's chemical industry to boost the company's development.

Jason SOH thanked the Fertilizer Company for its hospitality and shared information on BASF's integrated base project, industrial planning, and chemical industry layout. Both parties discussed the chemical markets in North and South China, procurement and distribution, and product transportation, exploring future business expansion and cooperation opportunities. They agreed to seek more opportunities to deepen cooperation, promote chemical industry innovation and sustainable development, and achieve mutual benefits.