On April 12^th, Jing Tongling (Party B) signed Xuzhou Yifeng Sanbao Environmental Thermal Power Co., Ltd. Biomass Direct Combustion (2x30MW) Cogeneration Project Framework Cooperation Agreement with Chuangneng (Party A). The tentative amount of contract is 389 million yuan. Nanjing Chuangneng intends to set up holding company——Xuzhou Yifeng Sanbao Environmental Thermal Power Co., Ltd, to carry out Biomass Direct Combustion (2x30MW) Cogeneration Project, and Jing Tongling will provide design, equipment and construction for this project by way of EPC.

    At the same time, Jing Tongling also signed Anhui Huangshan Environmental Thermal Power Co., Ltd. Biomass Gasification (2x15MW) Cogeneration Project Framework Cooperation Agreement with Chuangneng. The tentative amount of contract is 382 million yuan. Nanjing Chuangneng intends to set up holding company——Anhui Huangshan Environmental Thermal Power Co., Ltd, to carry out Biomass Gasification (2x15MW) Cogeneration Project, and Jing Tongling will provide design, equipment and construction for this project by way of EPC.