On February 19, we received theLetter of Acceptance sent by the bidding agent authorized by the Urban Administration and Integrated Law Enforcement Bureau of Yongfeng County, confirming that we have won the bid for the Household Waste  Incineration Power Generation franchise right of Yongfeng County BOT project.

This project adopts the BOT investment and development method with a franchise term of 30 years. This project has a total capacity of 1200 tons/day, including 800 tons/day during phase 1 and 400 tons/day during phase 2.