Punan Stock has proudly announced the signing of a "Strategic Cooperation Framework Agreement" with GEM. Under the terms of this agreement, Punan Stock will tailor and supply an efficient precipitant product specifically designed for GEM's HPAL process, which is utilized in the high-pressure leaching of laterite nickel ore. This landmark agreement signifies a significant advancement for Punan Stock in the realm of wet nickel extraction and is anticipated to favorably influence the company's operational performance. Nevertheless, the intricate details of this collaboration will be further elaborated in subsequent documents, including the annual supply guarantee plan that will be mutually signed by both parties. It is important to note that the cooperation may be subject to potential uncertainties stemming from market environment fluctuations and unforeseen circumstances. Punan Stock will diligently adhere to the required approval processes and information disclosure obligations, ensuring transparency and accountability throughout the progression of this partnership.