AI Energy Engineering Signs JV Agreement With Hainan Yiliqi for Electric Truck Coal Transport in Mongolia

• AI Energy Engineering’s Mongolian subsidiary entered a joint venture agreement with Hainan Yiliqi for electric-truck coal transportation in Mongolia.
• The venture would serve Qianlima Coal Mine under a 20-year framework agreement covering a roughly 380-kilometer route to Zamyn-Uud.
• Initial annual capacity targets 1 million tonnes within six months of the venture’s establishment and the agreement taking effect.
• Tax-inclusive freight rates are RMB 160 per tonne during investment payback, falling to RMB 120 per tonne thereafter.
• The venture plans charging and battery-swapping facilities prioritizing local wind and solar power.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ai Energy Engineering Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20261022-12380324), on October 22, 2026, and is solely responsible for the information contained therein.