AVIC INTERNATIONAL RENEWABLE ENERGY Co., Ltd. COMPANY PROFILE

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Shareholder-AVIC Aviation Industry Corporation of China (AVIC) was founded on November 6 of 2008 through the restructuring and consolidation of China Aviation Industry Corp I (AVIC I) and China Aviation Industry Corp II (AVIC II). AVIC’s business units cover Defense, Transport Aircraft, Engine, Helicopter, Avionic and Systems, General Aviation, Aviation Research, Flight Test, Trade and Logistics, Assets Management, Finance Services, Engineering Planning and Construction, Automobile and etc. It owns almost 200 member companies, over 20 listed companies and approximately 400,000 employees. It is the first Chinese defense enterprise listed as the World Top 500 Enterprises. Ranking of AVIC has raise up to 250 among the World Top 500 Enterprises in 2013. AVIC is one of the leaders of technology development in China. It owns scientific research system which is comprised of Chinese Aeronautical Establishment and 33 scientific research institutes; It owns numbers of academicians and national experts. Based on the whole system of AVIC , It has the capability to design and manufacture by collaboration between different areas and the capability of modern information transmission.

Shareholder-AVIC INTERNATIONAL AVIC International Holding Corporation was formed in 2008, spinning off from the 1979-established predecessor China National Aero-Technology Import and Export Corporation (CATIC). AVIC International is jointly owned by Aviation Industry Corporation of China, Bank of China Group Investment Ltd., and Chinese National Council for Social Security Fund. AVIC International has 130 billion RMB in asset, owns 8 listed companies, has set up wholly-owned or holding subsidiaries in most major cities within China and 106 overseas branches in 47 countries. AVIC International has 60,000 employees and clients from 180 countries and regions. As a significant composition of AVIC, AVIC International is a vanguard of aviation industry development, an experimental base of revolution and a comprehensive platform of exploring international market, developing relative business and expanding international investment. It actively constructs six major business scope sections of international aviation, trade and logistics, retail and high-end consumption, real estate and hotels, electronic and high technology and resource development on the basis of three major platforms: information technology, accounting and financial investment and overseas financing and services. It owns Tianma Micro-electronics, Rainbow Department Store, Fiyta, Shennan Circuit, Avic Real Estate, CPM Property Management, Grand Skylight Hotel Management, Spark Audio and many other famous domestic and overseas brands.

Shareholder-AVIC INTERNATIONAL AVIC INTETNATIOANL owns six business platforms, including Shenzhen Tianma（SZ000050）, Rainbow Shopping Mall（SZ002419）, Fiyta （SZ000026）,Avic Real Estate （SZ000043）, AVIC International Maritime（SGX02I）, CPM Property Management, Grand Skylight Hotel Management, Spark Audio and many other famous domestic and overseas brands. International Aviation Trade And Logistics Retails and high-end consumption Real Estate & Hotel Management Electronic High Technology ResourceDevelopment Potassium And Phosphorous Resources Sales Of Civil Aircraft Complete-setEquipment And Projects Real Estate Development Chain Department Store Display Business PCB Inter-connection High-end Watches General Merchandise And Retail Sale International Engineering Contracting International Cooperation Forestry Resources Micro-wave Units And Components Aviation Sub-contracting Production And Manufacture High-end Watches Chain Property Management Government Projects Communication System High-end Audio Hotels Management Fastening Fittings Logistic Services General Aviation Kunlun Jade

Shareholder-AVIC INTERNATIONAL Overseas Business Merge and Acquisition Abroad Project Acquiring Continental Motors Inc. Acquiring KHD Humboldt Wedge International Ltd. Acquiring NEC(NLT） Acquiring Deltamarine Ltd. 4. Trading and Logistics Project Taking advantage of global resources and aviation high-tech background, AVIC International has developed shipping, cement production line, high-tech and many other exported trades of complete-set equipment. Engineering projects in Kenya Cement industry in Venezuela 5. Electric Power Project The renewable energy business of AVIC International can provide industry planning, technique service, application promotion， energy optimization，SI，production and procuring, EPC, product distribution , etc. 2. International Aviation Project Based on the powerful manufacturing capability and international trading experience of AVIC, AVIC International has set up the global sales network, spare parts support network and ground service center to provide complete business solution and appreciation service for overseas customers. Y-12 is operated in Uganda Power plant project in Turkey MA60 is operated in Bolivia Wind power projects in Texas 6. International Engineering Project The international engineering business of AVIC International provides international EPC, overseas estate investment, civil engineering, procurement, trade and labor service. AVIC International mainly distributed business in Middle East, Africa, South Asia and Southeast Asia. It has many branches in The United Arab Emirates,Tanzania, Algeria, Zambia, Sri Lanka, Kenya, Uganda, Malaysia, etc. 3. International People’s Livelihood Project In developing countries, AVIC International is actively engaged in projects of education, medical treatment, transportation, agriculture, infrastructure, etc. These projects have been highly praised by the government and people in Africa, Middle East, South Africa, Asian and many other counties and regions. Mobile Hospital in Zambia Airport project in Kenya Hangar project in Ethiopia Higher Education in Nigeria

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Company Profile- Establishment AVIC International Renewable Energy Co., Ltd. (“AVIC Energy”), which is organized under the modern enterprise system and headquartered in Beijing, is specialized in overseas renewable energy development. It is established by AVIC International Holdings Cooperation (“AVIC International”) pursuant to China Aviation Industry Corporation (“AVIC”)’S strategy of vigorously advancing the renewable energy industry. Based upon AVIC’s powerful R＆D and manufacturing capabilities and AVIC International’s global marketing network, and cherishing the idea of “Trading Across The World, Creating Miracles”, AVIC Energy is the only company under the AVIC umbrella dedicated to overseas renewable energy development.

CompanyProfile-Organization AVIC AVIC Energy has four business platforms: Wind Power Department, Solar Energy Department, Gas Turbine Department and International Cooperation Department. Besides, it has seven professional platform companies: Ascendant Renewable Energy Corporation (U.S.), AVIC Australia Pty Ltd., Symearth (Beijing) Lighting Technology Co., Ltd., AVIC MODN Energy Corporation Limited (South Korea), AVIC International Renewable Energy(Hongkong) Corporation Limited., AVIC Photosyn Renewable Energy Co., Ltd. (Shanghai) and AVIC International Corporation Limited (U.K.). AVIC International AVIC Energy Auditing & Supervision Department Wind Power Department Solar Energy Department Gas Turbine Department International Cooperation Department Integrated Management Department Financial Department Business Plan Department Ascendant Renewable Energy Corporation (U.S.) AVIC Australia Pty Ltd. Symearth (Beijing) Lighting Technology Co。. AVIC MODN Energy Corporation Limited (South Korea) Avic Energy(hongkong) Corporation Limited Avic Photosyn Renewable Energy Co (Shanghai). AVIC International Corporation Limited (U.K.)

Company Profile-Business Organizations AVIC Energy has developed business and dispatched professional teams to operate relevant projects in the United States, the United Kingdom, Canada, Australia, South Korea, Brazil, Romania, Cambodia and Tanzania. AVIC International Corporation Limited (U.K.)： Solar power plant Symearth (Beijing) Lighting Technology Co.： Energy saving application Canada representative office ： Distributed power plant AVIC MODN Energy Corporation Limited (South Korea)： Energy storage Romania representative office： Wind power plant Ascendant Renewable Energy Corporation (U.S.)： Wind power plant AVIC Lighting Technology Company (Shanghai) ： Solar power plant Cambodia representative office ： Biomass materials Tanzania representative ： Distributed power plant Brazil representative office ： Wind power plant AVIC Australia Pty Ltd.： Gas turbine power plant，Solar power plant

Company Profile-overseas Organizations Based upon 106 overseas branches in 47 countries of AVIC International, AVIC Energy explored the local renewable market and provide industry planning, technical service,application promotion, energy optimization, system integration, equipment productionand procure, etc. In Europe 17 overseas branches in 8 countries which includes France, U.K., German. In Americas 20 overseas branches in 6countries which includes Canada, U.S., Brazil. In Asia 37overseas branches in 18 countries which includes Malaysia, Sri Lanka. In Australia 2 overseas branches In Africa 14overseas braches and 30overseas institutionsin Tanzania, Zambia, Egypt, etc.

Company Profile-DevelopmentProcess ＋Gas Turbine Power Plant ＋Energy Storage Application AVIC Energy has developed rapidly in recent years. It accumulated abundant experience in propjets on wind power, energy saving application, solar power, energy storage application,gas turbine power generationand biomass energy. ＋Biomass Energy ＋Solar Power ＋ Energy Saving Application 2013 ○ Wind Energy ○ Energy Saving Application ○ Solar Power ○ Energy Storage Application ＋Gas Turbine Power Plant ＋Biomass Energy 2012 ○ Wind Energy ○ Energy Saving Application ＋Solar Power ＋Energy Storage Application 2011 ○ Wind Power ＋ Energy Saving Application 2010 ○ Wind Power ……

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Business Wind Power

Wind Power-Introduction AVIC Energy is a wind power service integrator who has rich experience in oversea projects. Wind Poweris one of the core businesses of AVIC Energy. Building upon the precious 60-year technical accumulation of the AVIC Group and 30-year marketing network of AVIC International, AVIC Energy is capable of providing optimized total solution to its clients, and devoted to maximizing its clients’ benefit. Securing Land Wind Measurement Wind Data Analysis Permits Applications Grid Interconnection Approval Power Sales Feasibility Study Wind Turbines Selection Financing … … Wind Farm Design Engineering Civil Work Electronically Work Wind Turbines Supply International Service Installation & Commission … … O &M Management Spare Components Supply After- sale Services …… Asset Transfer Consulting Commercial Model Design Re- financing … … Integrated services Provided in Each Stage of Wind Farms Life Cycle Of Wind Farms

Professional team Rich experience in projects AVIC Energy Wind Power Business Good cooperation relationship Localized overseas marketing management Wind Power-Our Strengths Rich experience in projects Completed 6 projects abroad, accumulated installed capacity is about 100mw. 4 projects, accumulated installed capacity is about 200mw,are in progress of construction. Professional team The average age of the team member is 31 years old. And the average working experience in related business is 5 years. Good cooperation relationship Built up good cooperation relationship with Major domestic wind power equipment manufacturing enterprises. Built up good cooperation relationship with domestic financial institutes, power enterprises. Localized overseas marketing management Owing professional teams of wind power in U.S., Brazil, Romania, Tanzania.

Wind Power-Records U.S.A Bulgaria 2012: TX, USA Cirrus Installed capacity: 62 MW (17sets of 3.6MW wind turbines) The largest-scale onshore wind power generator in U.S. Participate Methods: Project Developer Project Financing EPC contractor 2011 : Texas, U.S. Ralls Installed capacity: 10 MW ( 5 sets of 2.0MW Chinese wind turbines) Participate Method: Project Developer Project Financing EPC Contractor 2012: Bulgaria Somovit Installed capacity: 4.5MW ( 3 sets of 1.5MW Chinese wind turbines) Participate Method: Project Financing EPC Contractor

Wind Power- Accomplishment U.S.A 2009: MN, U.S. Minneapolis Installed capacity: 1.5MW The First China-made 1.5 MW wind turbine operated in U.S. Participate Method: EPC contractor 2010: UT, U.S. Tooele Installed capacity: 1.5MW The First wind power project of US Army. The First project funded by Conservation Investment Program of Department of the Army Energy Participate Method: EPC contractor 2008: TX, U.S. Pyco Installed capacity: 100MW (10 sets of 1.0MW wind turbines) First China-made megawatt-scale wind turbines operated in U.S. Participate Method: Wind Turbines Supplier

Wind Power- Accomplishment Many overseas wind power projects are in progress of construction now: U.S. 300MW New Zealand-K1 100MW New Zealand-H2 95MW New Zealand-T4 9MW New Zealand-FH 6.8MW Romania-MY38MW Romania-Suraki25MW ……

Business Solar Power

Solar Power-Instruction AVIC Energy is a PV power plants contractor who has the business integration capability. AVIC ENERGY is devoted to providing full-service and systematic solutions for our clients on solar power, like BIPV/BAPV, rooftop solar power plants, large scale ground-mounted solar power plants and off-grid PV packaged systems, etc. By continuously providing clients with products and services that exceed their expectations, AVIC ENERGY pursues continuous improvement and growth of our solar business. Licensing Due diligence Financing Design Procurements Operations& Maintenance Construction supervision Silicon Ingots Wafers Cells Modules RV power plants large scale ground-mounted solar power plants rooftop solar power plants BIPV/BAPV

Solar Power-Our strengths Professional project team AVIC Energy owns professional teams specialized in design and construction of power system. Team members’ average working experience in power business or renewable energy business is 5 years. Enriched project experience A number of domestic and abroad projects have been completed. The ongoing projects, which installed capacity is about 100MW, are all over the world. Localized marketing management It owns professional teams of wind power in U.S., Brazil, Romania, Tanzania, etc.

Solar Power-Accomplishment China Taiyuan, Shanxi 48.75KW Rooftop solar power plant Hohhot, Inner Mongolia, 30MWSolar power plant Wuyuancounty, Inner Mongolia 30MW Solar power plant（in progress of construction） A la shan, Inner Mogolia 30MW Solar power plant（in progress of construction）

Solar Power- Accomplishments U.K. Ground mounted solar power plant: Accumulated installed capacity ---12.9 MW (in progress of construction) Australia Residential rooftop Solar PV panels: Accumulated installed capacity ---3.6 MW

Solar Power-Accomplishment U.K.: 12.9 MW Residential rooftop solar PV panels Fangzheng County, Heilongjiang province, China:100 MW Solar power plant project GannanCounty, Heilongjiang province, China:45 MW Solar power plant project Daqing, Heilongjiang province, China: 100 MW Solar power plant project Shandong province: Biomass-solar power project Off-grid PV system project in Tanzania Party Committee building of Inner Mongolia: 1.5 MW Full-service systematic solutions ……

Business Gas Turbine Power Plant

Gas Turbine Power Plant-Introduction AVIC Energy is the gas turbine power generation developer who has aviation industry background. AVIC ENERGY is committed to promoting the pattern transformation of energy production and utilization, and actively participating to the whole process of industrial chain which includes the investment, development, construction, funding, equipment trade and logistics, operation, after-sale service in the global gas turbine power generation and CCHP projects. We are striving to offer customers high-quality, clean, and economic new energy.

Gas Turbine Power Plant-Introduction Fuan Ma, the Chairman of AVIC INTERNATIONAL, led a project delegation to visit Australia. In order to improve and promote gas turbine products of AVIC into relative market in Australia, the Chairman of AVIC International, Fuan Ma led a project delegation to visit Australia. They met local cooperated partners and witnessed AVIC Energy signed cooperative agreements with local cooperated partners.

Gas Turbine Power Plant-Our strengths AVIC Power Science and Technology Engineering has more than 20 testing platforms, capable of testing equipments ranging from 10 KW to 114 MW in maximum capacity. We also have testing platforms capable of conducting electrical, hydraulic, as well as rainfall tests on various turbine components Excellent Research With world’s most advanced assembly factories and a top-quality team of engineers, AVIC Power Science and Technology Engineering has a total capacity of producing 400 gas turbine sets and over 100 industrial waste energy recycling turbines. Productivity The EPC and gas turbine service capacities of AVIC Gas Turbine has a good reputation all over the world. The service includes gas turbine power generation EPC, industry waste heat recovery EPC, installation and remove, maintenance of the units and components, repairing of spare parts, operation and management of gas turbines and technique consulting, etc. Professional in EPC After-Sale Maintenance & Service Capabilities AVIC Power Science and Technology Engineering has established a sophisticated system of after-sale services with specialized teams in charge of freight, maintenance, technical consulting and training, as well as spare part supply, etc. Our Value-Add values for Customers Small in size, light in weight, compact structure, low noise, intelligent starting, easy operating; Simple cycle unit without water-cooling requirement; Highly economic, over 99% availability;Advanced technologies developed up on aviation R&D platform; Individualized design, highly efficient, and internationally recognized quality and adaptability.

Gas Turbine Power Plant-Accomplishment DAQING OIL FIELD OF THE CNPCQD128 GAS TURBINE GENERATOR UNIT Since the construction and development of Daqing oil field nearly half century, it has walked an extraordinary course,and created the Chinese petroleum industry and even the" Three First " in the whole industry front of China : the crude oil output first; turning profits and taxes over first; oil recovery first. With the growing awareness of energy saving and environmental protection since the beginning of this century, the QD128 gas turbine generator unit , which is developed and produced by the AVIC Power Science and Technology Engineering, is used in the Daqing Oilfield to improve the efficiency of energy use, enhance the economic benefits of enterprise and provide the green oil and gas for the social development.

Gas Turbine-AVIC Gas Turbine Application Cases AVIC Gas Turbine products can be used for hospitals, airports, hotels, communities, gas department and other departments. Imported gas turbine power generation installation and debugging. Domestic gas turbine power generation unit operation and management Domestic gas turbine power generation unit design, manufacturing and installation

Business Energy Storage Application

Energy Storage Application- Introduction For energy storage, AVIC ENERGY use our AVIC MODN Energy Co., Ltd. in South Korea as operational platform to explore various business models on large-scale energy storage and power batteries for electric vehicles. This green energy station system enables energy storage function and energy trade function and energy supply function to the loads with charged energy in Lithium battery pack to be discharged whenever it required. Battery Energy Storage System (BESS) Grid Tied ESS

Energy Storage-Our advantages Professional project Team South Korea business team consists of engineers with more than 20 years experience in battery field and PHDs in battery field. Rich project experiences Provide batteries for electric motorcycle, electric machinery, electric boat, electric golf cart, solar energy storage products such as street lights, communication base station. Efficient R&D abilities Based on South Korea advanced electronic industrial advantage and local professional team, we have high efficient R&D abilities in battery, battery management system (BMS), energy storage system (BESS).

Energy Storage-Our End Users Provide batteries for electric motorcycle, electric machinery, electric boat, electric golf cart, solar energy storage products such as street lights, communication base station. Electric motorcycle and scooter Electric golf cart Communication Base Station Electric farm locomotive Electric folklift Small energy storage station Electric Boat

Business Biomass Energy

Biomass Energy-Introduction AVIC Energy is a biomass supplier who owns core link of the industry. Dried cassava chips is an important raw material to refine fuel ethanol and alcohol. It is one of the most significant exported agricultural product of Cambodia. AVIC Energy actively explored the cassava business，which including planting, processing, storage and transportation. And it created non-stop shipping business between Cambodia and China business. It’s a developmental milestone for export of Cambodian dried cassava chips . Warehouse Center Fleet

BiomassEnergy-Introduction AVIC Energy have local factories, warehouses and other facilities. Keeping the core link of the industry chain Business teams have more than 10 years working experience in trading business. Localized marketing and operation Professional project team AVIC Energy has branch, which engages in dried cassava chips businessand supply in Cambodia can supply about ten tons a year.

Business Energy Saving

Energy Saving-Introduction AVIC Energy is an energy saving service supplier who owns products by self-owned brand. By diagnosis of energy saving, financing, retrofit and other services, AVIC Energy signed Energy Management Contracts(EMC) with clients which compensate retrofit investments by energy saving. Business includes lighting retrofit, air-condition retrofit and heating retrofit, etc. Energy saving benefits of the client Energy saving benefits of the client Benefits of energy saving service supplier Energy costs before energy saving retrofit of the client Energy costs of energy retrofit Energy costs after energy saving retrofit of the client In the period of EMC Before energy saving retrofit After EMC period

Energy Saving-Our Strengths Accomplished dozens of energy saving retrofit projects, including lighting retrofit, air-condition retrofit and heating retrofit, etc. The consultants who have enrich acknowledge and experiences in energy saving are noted professors from top universities . Experts who have related qualifications are proficient in EMC, management, financing and fractional energy saving certification. Rich work Experience Professional Team Self-owned Brand Qualifications One of the nationally recognized energy conservation service providers by National Development and Reform Commission and the Ministry of Finance of the People’s Republic of China. A member of the standing committee of ESCO Committee of China Energy Conservation Association (EMCA). Symearth , which is the self-owned brand of AVIC Energy has been applied in many energy saving projects.

Energy Saving-Accomplishments Basement parking： After the retrofit of AVIC International building in Beijign, up to 80%of the energy-saving rate was achieved. Gym： After the lighting retrofit of Tianjin youth activity center, up to 70%of the energy-saving rate was achieved. Hospital： After the lighting retrofit of Shandong Linyi Hospital, up to 80% of the energy-saving rate was achieved. Logistic and warehouse： After the lighting retrofit of national transit storage of De Bang Logistic , up to 80% of the energy-saving rate was achieved. AVIC Energy has carried out energy saving retrofit for many famous enterprises in kinds of business areas such as gyms, hospitals, hotels, shopping malls, etc. Hotel： After the lighting retrofit of Hainan Kempinski hotel, up to 60%of the energy-saving rate was achieved. Shopping mall： After the lighting retrofit of Shenzhen Rainbow shopping mall, up to 65%of the energy-saving rate was achieved. Heating energy saving retrofit: After heating energy saving retrofit of AVIC Xing Hua, 300 thousands RMB of heating fee has been saved every year. Central air-condition energy saving retrofit: After the central air-condition retrofit of AVIC Aero, up to 30%of the energy-saving rate was achieved.

Business Introduction-Cooperation Mode Project Development ProjectConstruction Project Operation Providing business plan Providing technical plan Providing financial service Providing overseas construction service … … EPC BT BOT BOOT EMC …… Supplying spare parts Operation and management After sale service Transferring consulting …… AVIC Energy devotes itself to become the best solution supplier of global renewable energy.

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Four Major Platforms: Overseas Sales Platform Ascendant Renewable Energy Corporation (U.S.) AVIC Australia Pty Ltd., Symearth(Beijing) Lighting Technology Co. AVIC MODN Energ Corporation Limited ( South Korea) AVIC International Renewable Energy(hongkong) Corporation Limited. AVIC Photosyn Renewable Energy Co., Ltd. (Shanghai) AVIC International Corporation Limited (U.K.) Business development platform Wind Power Department Solar Energy Department Gas Turbine Department International Cooperation Department Domestic Operations Platform 42 countries, 93 overseas branches Financial Platform AVIC international renewable energy(Hongkong) corporation limited

Enterprise Spirit Honesty Responsibility Loyalty, Integrity, Confidence, Trust Accountability, Sense of Duty, Perseverance, Follow Through Responsibility Honesty Core concept Merging power Creating future Professionalism Win-Win Professionalism Win-Win Mutuality, Reciprocity, Sharing, Success Focus, Competence, Expertise, Efficiency

Corporate Duty To constantly improve human living environment.

THANK YOU.

AVIC INTERNATIONAL RENEWABLE ENERGY Co., Ltd. COMPANY PROFILE