Overall Net-Zero Target: Beijing Zhuanzhuan Spirit Technology Co., Ltd. commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-Term Targets: Zhuanzhuan commits to reduce absolute scope 1 and 2 GHG emissions 100% by 2030 from a 2022 base year. Zhuanzhuan also commits to increase active annual sourcing of renewable electricity from 0% in 2022 to 100% by 2030. Zhuanzhuan further commits to reduce scope 3 GHG emissions 51.6% per million RMB value added by 2030 from a 2022 base year. Long-Term Targets: Zhuanzhuan commits to maintain a minimum of 100% absolute scope 1 and 2 GHG emissions reductions from 2030 through 2050 from a 2022 base year. Zhuanzhuan also commits to reduce absolute scope 3 GHG emissions 90% by 2050 from a 2022 base year.