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Signing intentional agreement to promote the 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 agreement signed by the company was an intentional agreement to promote this cooperation and sign the PPP project contract. The signing of the PPP project contract and the contract terms are still uncertain.

It is reported that in April 13, 2018, the company announced that the company and the Beijing new space-time Polytron Technologies Inc composed of the combination of the "Qingdao West Coast New Urban Management Bureau landscape lighting optimization project PPP project" (hereinafter referred to as "the project") of the pre transaction social capital. In June 8th, the company and the Huangdao District City Administration of Qingdao signed the PPP project "PPP project cooperation agreement on landscape lighting optimization and upgrading project" on the project PPP project of landscape lighting optimization and upgrading project of the city administration of west coast of Qingdao. The total investment amount of the project is estimated at RMB 343 million 610 thousand yuan.

According to the announcement, this project is mainly to brighten up the important landscape facilities and the buildings around the main road in the core area of the new area, including the landscape lighting engineering of the Tang Dao Bay scenic spot and the coastal interface of the Binhai Avenue, the deep building / green landscape lighting project.

The signing of this cooperation agreement follows the direction of the national policy development, which is conducive to expanding the company's business chain, giving full play to the advantages of the company's market and increasing the market space. After the signing of the formal contract and the smooth implementation of the project, it will help to improve the company's business undertaking ability and develop the company's follow-up projects. For more experience, it is expected to have a positive impact on the company's operating performance.

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