Signed agreement of intent to promote 340 million landscape lighting PPP project

In the morning, the company announced the progress of the company's PPP project and signed a cooperation agreement. The company said that the "cooperation agreement" signed this time is the intent agreement to promote this cooperation and sign the PPP project contract. There is still uncertainty in the signing and contract terms of the PPP project contract.

It is reported that in April 13, 2018, the joint venture announced that the joint venture between the company and Beijing's new space time Polytron Technologies Inc is the social capital agent for the PPP project of the Qingdao West Coast New Town Management Bureau's landscape lighting upgrading and upgrading project (hereinafter referred to as the "project"). In June 8th, the company signed a cooperation agreement with the Huangdao Municipal Administration of Qingdao Municipality on the PPP project of the landscape lighting optimization and upgrading project of the Qingdao West Coast New Town Administration Bureau. The total investment amount of the project is estimated at RMB 343 million 610 thousand yuan, which is PPP.

According to the announcement, this project mainly enhances the building of important landscape facilities and trunk roads around the core area of the new area, including the landscape lighting project of the Tang Island Bay scenic area, the coastal road interface of Binhai Road and the landscape lighting project of deep building / green space.

The signing of this cooperation agreement is closely related to the direction of national policy development, which helps to expand the company's business chain, give full play to the company's market advantages and increase market space, and will help improve the company's ability to undertake business after the formal signing of the project and the smooth implementation of the project. More experience is expected to have a positive impact on the company's business performance.

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