On February 24 local time, Chile HIF Global held the "Porsche Racing Oil Test Activity" in Punta Arenas.The Porsche team, which filled up the green gasoline produced by the methanol to gasoline (FMTG) unit of Haru Oni Demonstration Plant, started from Punta Arenas and drove all the way to Natales, successfully completed the long-distance live road test of green gasoline, and all indicators met the requirements of racing.On the same day, the Company sent a written thank-you letter to the Project Consortium (GPEC&SEGR Group), and awarded the honorary certificate to the members of the field work team.

Since March 2021, the Consortium formed by GPEC & SEGR has successively completed the engineering, procurement, manufacturing integration, domestic thermal commissioning and other work of four pilot plants such as methanol to gasoline.Especially during the field work of Haru Oni Demonstration Project in Chile, the work team composed of GPEC & SEGR undertook the project guidance installation, process and operation training, guidance commissioning, start-up and device, which was unanimously recognized by the Owner.

This marks the completion of the work agreed in the contract of Haru Oni Demonstration Project in Chile participated by the Company.