Recently, BGT held its first-quarter management meeting, conducting in-depth discussions on operational results, market analysis, and future strategic planning.

In Q1 2025, BGT kicked off the year with solid performance, achieving a 424% year-on-year increase in newly signed contracts!

In Q1 2025, BGT kicked off the year with solid performance, achieving a 424% year-on-year increase in newly signed contracts!As a professional service provider in environmental treatment, BGT leverages its technological expertise and market presence to drive multi-dimensional growth. Key highlights from Q1 contracts in 2025 include:

▲ The amount of water treatment solution related contracts surged by 657%, further solidifying the Company's core business foundation.

▲ The amount of operation and technical service related contracts grew by 1.47%, with optimized team deployment and standardized processes continuously enhancing competitiveness of operation segment.

▲ The product sales related contracts maintained steady growth, with contract value rising 1.36% year on year.

During the first quarter, BGT received another piece of good news in the field of comprehensive development of mineral resources—the Company successfully won the exploration right for the Toglakbulake Lithium Mine in Ruoqiang County, Xinjiang, with a bid of RMB 1.32 million. The result of the bid has been announced on the Xinjiang Public Resources Trading Network. The exploration area spans 43.9683 km2, located in the resource-rich Altun Lithium-Polymetallic Metallogenic Belt. In March 2024, the exploration right for the Washixia South Lithium Mine, located in the same ore vein belt and within a straight-line distance of less than 70km from the Toglakbulake Lithium Mine, was won by Xinjiang Hongsheng Jiarui Mining Co., Ltd. at a high price of RMB 1.126 billion. This high-price transaction case not only demonstrates the enormous economic value of lithium mineral resources in the Altun lithium-polymetallic metallogenic belt, but also further confirms the important strategic position of this region as a lithium resource-rich area in the industry.

Amid intensifying industry competition, BGT remains committed to a technology-driven development philosophy, breaking through barriers with sustained R&D investments, deepening strategic partnerships to enhance client loyalty, and optimizing management efficiency to boost operational efficiency and establish core competitiveness. Moving forward, BGT will not only maintain its leadership in traditional businesses but also explore innovative service models to deliver higher-value water treatment solutions to clients. Furthermore, building on its expertise in water resource governance, the Company will extend its technological strengths to mineral resource development sector, exploring new models and new approaches that integrate mineral resource development with environmental protection, creating new tracks in the sector of green mining, thereby strongly supporting high-quality green development in Xinjiang.