On January 13, Yueyang Forest Paper stated in the interactive platform that as the company's core platform for the development and operation of carbon assets, Chengtong Carbon Credit has actively laid out the international carbon credit field. At present, it is exploring carbon credit development projects based on the VCS (International Voluntary Carbon Standard) mechanism with relevant cooperative parties, and has the research foundation for the study of innovative models in the international carbon market.

　　The financial innovation of carbon sink assets needs to strictly follow the domestic and foreign carbon market regulatory requirements, information disclosure rules and relevant laws and regulations. Regarding the mentioned carbon coin model, the company highly values its innovative value in the digital circulation of carbon assets and improving market liquidity, and will continue to track the maturity and compliance of relevant technologies and models in combination with industry policy guidance, market development trends and its own business practice.