According to Zhitong Finance, Refine New Energy (00527.HK) announced that on July 15, 2025 (after trading hours), Tanwei Digital Technology Co., Ltd. (Tanwei Digital Technology, a subsidiary jointly owned by the company and Shanghai Baotan New Energy Environmental Protection Technology Co., Ltd.) entered into an emission reduction project development and sales agreement with Xiangyang New Energy (Hong Kong) Co., Ltd. [Foresight News]