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【BUSINESS INFORMATION】 FEILO ACOUSTICS WON MORE THAN 2 BILLION YUAN "SMART CENGONG" PROJECT WITH ITS

On December 28, 2017, Guizhou Provincial Government Procurement Network (http://www.ccgp-guizhou.gov.cn) released "Smart Cengong" Infrastructure Construction PPP Project Bidding (Transaction) Announcement, Shanghai Feilo Acoustics Co., Ltd., together with its subsidiary Sichuan Yaming Lighting Co., Ltd. and Guiyang Architectural Desigh & Surveying Prospecting Co., Ltd., The Nuclear Industry Zhicheng Construction Engineering Corporation, Tibet Ming Feng Capital Investment Management Co., Ltd. (Consortium) won the bid of "Smart Cengong" infrastructure construction PPP project, the project estimated a total investment of 2.0,042,937 billion yuan (RMB).

The project is a "package" project which contains eight sub-projects, including: (1) "Smart Cengong" smart construction of urban and rural areas; (2) "Smart Cengong" smart large tourism infrastructure construction; (3) "Smart Cengong" smart parking lot construction; (4) Smart small town construction project of Shuiwei Town, Cengong County; (5) "Smart Cengong" riverside III of smart landscape reform project; (6) "Smart Cengong" smart tourism camp project; (7) "Smart Cengong" smart environment improvement project; (8) "Smart Cengong" skynet project II.