As the challenge of global climate change intensifies, carbon reduction has become a key issue for the development of all walks of life. In the shipping sector, the European Union's latest Marine Fuel Regulation and the "carbon tax" policy are profoundly affecting the future of the industry. On January 10, 2025, the "EU Shipping Carbon Tax Fuel Policy Analysis and Response Seminar" was held in Shanghai Ocean Hotel, bringing together representatives from the port and shipping industry, the legal sector, the financial sector, cargo owners, industry associations and relevant maritime service organizations to deeply discuss the opportunities and challenges facing the industry.

As a pioneer in providing clean and efficient energy solutions, Welly Environmental Technology Group Co., Ltd. was honored to participate in the event and signed a Memorandum of Understanding on Green Fuel Cooperation with China Marine Fuel Co., LTD., China Huadian Technology & Industry Group Co., LTD., and Inner Mongolia Huadian Mengdong Energy Co., LTD. This important agreement marks the four parties' joint efforts to build a complete green fuel industry chain and contribute to the realization of cleaner Marine transport.

At the signing ceremony, Qin Ling, Secretary of the Party Committee and general manager of China Chuanzhan, Liu Wei, member of the Party Committee and deputy general manager of Huadian Engineering Group, Song Ye, member of the Party Committee, chief accountant, general counsel and chief compliance officer of Huadian Inner Mongolia Company, and Li Yao, President of Welly Group, witnessed this important moment. Through the combination of strong countries, we can further broaden the areas of cooperation, explore and research advanced green fuel technologies, promote the construction of domestic clean fuel production and supply capacity, and inject new impetus into the sustainable development of the shipping industry.

Wiley Group will continue to follow the development trend of bioenergy, continue to deepen the relationship with partners, actively respond to changes in international regulations, and support the global decarbonization goal with practical actions. Continue to pay attention to industry dynamics, strive to become an important force leading green fuel innovation and technological progress, jointly promote the green transformation of the global shipping industry, and help the new era of vigorous development of Marine new energy.