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TRIUMPH GROUP China Triumph International Engineering Co.,.,Ltd.

TRIUMPH TRIUMPH TRIUMPH IUMP TRIUMPH TRIUMPH TRIUMPH TRIUMPH IUMPH CONTENTS A Message From Our Chairman Our Group & Our People Triumph Solar Solution Triumph Solar Plant Triumph Solar Roof Triumph Pre-fabricated Housing Triumph Smart Agriculture Triumph Solar Panel Triumph Research & Development Triumph Solar Present Worldwide

A MESSAGE FROM OUR CHAIRMAN Triumph Group is a science and technology enterprise with a history of more than 60 years. Use resources wisely serve the building improve technical level and serve the society has always been our business philosophy. Our eye-catching achievements and wide-acknowledged reputation gained at home and abroad all stem from the guidance of this philosophy. Combining a profound enterprise culture with the updated technical innovation, enables Triumph Group to possess core competencies in engineering design and general contracting, fabrication and manufacture of electro mechanical equipment, research, development and production of new materials, environmental protection and energy saving etc., in the fields of glass, cement, architecture, new energy, modular housing, and pollution treatment. Under the guidance of the development strategy of "growing up into a four-strong and four-best technology enterprise group with stronger comprehensive strength and international competitiveness, by integrating research and development, engineering design, engineering contracting, fabrication and manufacture into a whole and taking building materials and new energy technology as dominant ", Triumph Group is forging ahead towards the goal of becoming a world-class enterprise of building materials. In 2016, Triumph Group achieves a record-high earnings with a revenue of 16 billion yuan with a total profit of 1.2 billion yuan, and maintains a double-digit growth rate of major economic indicators. To build five brands of Triumph Glass, Triumph Solar, Triumph Materials, Triumph Equipment and Triumph Engineering, to become a master of new glass, new materials, new energy, new equipment and technology in China, and to be a world - class supplier for project proposal package is the common goal for me and the entire staffs. Triumph Group is willing to join hands with all the old and new friends at home and abroad to create a more splendid future together. Peng Shou President of Bengbu Design and Research Institute for Glass Industry CEO/Chairman of China Triumph International Engineering Co., Ltd. Chairman of Triumph Group

OUR COMPANY & OUR PEOPLE China National Building Materials Group Corporation (CNBM) CNBM is the largest comprehensive building materials industry group in China that integrates scientific research, manufacturing and logistics into one entity; it remains in the Fortune Top 500 ranking list for six years. CNBM s total assets exceed RMB 550 billion, with the annual revenue of approximately RMB 300 billion. CNBM has 250 thousand employees, and owns 15 public companies including 2 overseas listing. CNBM ranks as first in the world for its productivities of 530 million tons of cement clinker, 430 million cubic meters of ready-mixed concrete, 2 billion square meters of gypsum board, 1.78 million tons of fiberglass, and the capacity of 16GW of wind turbine blades. It also ranks top in the international cement engineering and waste-heat generating markets. CNBM has an enormous support from its research and development institutions and specialists. It owns 26 state-level scientific research and design institutions with 38,000 personnel, 33 national quality verification centers, over 8,000 patents and 11 national labs and technical centers. Triumph Group / China Triumph International Engineering Corporation Triumph Group is affiliated with CNBM. On the basis of its achievements in the glass industry, Triumph Group vigorously develops in the industries of new materials, new energy resources and new equipment in recent years. Triumph Group makes full efforts to expand in the domestic and foreign markets, led by its five mainstays of Triumph Glass, Triumph Materials, Triumph Solar, Triumph Equipment and Triumph Engineering. It has been listed in the Top 200 Global Design Firms ranked by Engineering News-Record (ENR) and Top 500 firms in China building material industry for years, and is one of the Top 10 enterprises amongst China s survey and design companies, engineering program management companies and engineering procurement contractors.

TRIUMPH SOLAR SOLUTION Triumph Solar Plant Innovating Large Scale Solar Triumph Solar has developed, financed, engineered, constructed and currently operates many large scale grid-connected PV power plants all over the world. Our experience across the whole solar value chain reduces risk while delivering more reliable, dependable and cost-effective solutions for our customers. Worldwide Developments Triumph Solar provides a comprehensive development experience, which includes a global pipeline of contracted solar projects that deliver superior levels of safety, reliability and efficiency. International Team Professional Performance Shotwick 72.2MW Ground Solar Power Plant, Cheshire, UK Triumph Group retains an experienced talent of professionals from all over the world, whom have made up reliable multinational teams to deliver services that perfectly adapt to different countries, cultures and nations. Triumph Group works closely with its global partners, to provide project developments to companies from different continents and regions. Through the channel of its strategic global partners, Triumph Solar successfully achieves significant satisfactory peformances and a considerably high competitiveness in the European solar market. Global Market Strategy Triumph Group has its global presence in new energy business, and has subsidiaries, branches or representative offices set up in many countries and regions worldwide such as UK, Germany, Spain, USA, Japan, Middle East, Middle Asia, Thailand, Vietnam, Indonesia and LATAM etc., with relevant certifcates and licenses for EPC contracting, Triumph Group is competent to provide professional and localized EPC service to its clients worldwide.

Strong Financing Supports Optimizing Engineering Triumph Group has maintained a double - digit annual revenue growth rate for almost 10 years, which wins the favor of major banks and funds in China and in the western world. It also owns several listing platforms in Shanghai and Hong Kong stock markets. With such a strong financial stability background, Triumph Group has made capital operations all over the world. By developing an enviable investment portfolio and investment income with investors, Triumph Group aims to upgrade the industry and provide investors with long-term and steady cash flow yield. Triumph Group has built up and maintained close relationship with high - reputation banks and reliable financial institutions through the platform of its parent company CNBM, which include but not limited to China Export & Credit Insurance Corporation, the Export-Import Bank of China, China Development Bank, Industrial and Commercial Bank of China, China Construction Bank, Deutsche Bank, Asia Investment Bank and Mizuho Bank. Triumph Group has strong constructing and operating abilities of BT / BOT programs, running short-term & long-term bridge financing for developers through cooperation with reliable funds and banks. Triumph Group offers various investment portfolios project procurement to its customers, and provides reasonable investment structures and substantial investment returns to the investors. Triumph Solar designs industry - leading solar systems from the ground up for business users, offering greater visibility into energy usage and more peace of mind. With the Class-A Engineering Design Qualification, our experienced technicians in Triumph Solar will make every effort to meet the need of customized project engineering. Triumph Solar has design groups all over the world who work closely with local electric network, which brings a better understanding of middle - high voltage system connection to ensure a safety power transmission. By adopting leading technique, Triumph Solar designs advanced solar plant solutions to enable the owners to use the clean energy more clearly and safely. Projects under our specialized design will have higher project performance : normally 3% higher than the common level, according to the average statistic number of Triumph Solar's project performance. One of the Triumph Solar EPC projects, the 72 MW Shotwick Solar Farm Project in the UK, won the Solar Plant Project 2016 Award at the respected Solar Power Portal Awards held in the UK. As the largest solar site in the UK, the project sets an exciting new precedent in scale and flexibility. Mainstream media such as the BBC and the Financial Times all covered the Shotwick project and its achievements. Roanhead 7MW Ground Solar Power Plant, Camarthenshire, UK Swindon 60.2MW Ground Solar Power Plant, Wiltshire, UK

Raventhorpe 40MW Ground Solar Power Plant, North Lincolnshire, UK Simplified & Eco-Friendly Construction Real-time Monitoring O&M Triumph Solar and its partners are adept at all phases of construction from installation planning to site management, safety coordination, project management, commissioning and performance testing, and documentation. All these methods have helped Triumph Solar achieve a high safety record with zero issues reported on our projects. Triumph Group always pays extra attention to the health, safety and environment issues during construction phase and strictly complies with related local safety regulations. Triumph Solar requires its sub-contractor and supplier companies to pass the ISO14000 Environmental Management System Certification. We will try every means possible to prevent environmental pollutions and toxics such as air pollution, water pollution and noises. Renewable materials are also widely used in the construction phase. Triumph Solar vastly applies recyclable material in constructions. Our first-class operations and management team take over once the construction phase is complete. They operate the project for maximum efficiency and remain in the local community. So far, Triumph Solar provides O&M services to an overall 200MW installed capacities of all UK projects. Triumph Solar lays emphasis on training highly specialized local O&M teams to deliver on-site support for project owners. 24/7 Fast Responding: Solar system operators must constantly monitor and adjust power production to meet the needs of local power grids. Our advanced monitoring platform frequently lets us detect system anomalies before breakdowns occur. Triumph Solar applies regular online O&M data collection and performs engineering reviews. Triumph Solar applies a Slide-in System in its 60MW Swindon Solar Farm Project in the UK, which allows efficient modules mounting and at the same time ensures onsite safety control.

Triumph Solar Roof Customizing Roof Solar The constructing of the distributed photovoltaic power generation projects, especially photovoltaic Roof PV Plant, will help optimize the structure for power supply of local electric grid. It transfers the model of traditional mains and standby power supply into new combination of mains, standby power and photovoltaic power supply, which shall increase the diversity of electricity. Roof PV Plant is in line with the general direction of distributed power generation, in which the grid connected to by customer saves the cost of distribution, thus increasing the return on the initial investment. The scale of Roof PV Plant is very flexible and ranges from several kilowatts to several megawatts. The decentralized nature of Roofs also match with solar energy dispersion, which is the best configuration uniting the resource and energy system. Simultaneously, the Roof PV Plant does not need long-distance transport. Policy Guarantee Distributed photovoltaic power generation is in accordance with the full amount of electricity subsidies policy. The standard for national price subsidy is 0.42 yuan per kilowatt-hour, on this basis; the local government has introduced a subsidies policy. The implementation period of the national electricity price and subsidy is in principle for 20 years. Return On Investment The annual rate of return of Roof PV Plant is generally 10% -20%; The period of cost recovery is 5-8 years; The life of Plant is more than 25 years; The more electricity consumption, the higher the income. The financial internal rate of return of Hefei New Energy Project reached 13.10% and the capital yield was 19.12%, which were both higher than the benchmark rate of return ( 5% ). The investment payback period is 7.77 years (including construction period); Total Investment rate of return is 8.38%; Capital net profit margin is 27.73% ; the average annual profit after the production period is estimated to 4.9 million yuan. Environmental Protection Our Roof PV Plants have utilized the company's internal idle roof effectively, resulting in economic benefits. We have not only completed the target of the enterprise energy-saving & emission reduction, but also embodied our social responsibility; Moreover, we have enjoyed our power generating from our own Roof Top directly.

TRIUMPH PREFABRICATED HOUSING Ⳮ渿倝㘗䨻㾋 ㅷ餘 葻 侮 呥卹歋 䚍鲽㘗ꞈꝔꛩ勞ⵖ䧭 匣〳 㖈䊨 곫ⵖ㸤䧭 梡 㖞㸝鄳կ 鵯猫歋㢕ざ勞俱匬䧭涸 匣 欰 ⵌ㸝鄳 梠 ծ 넞佪կ 䒊瘰霃雦㼑ㄐ荛㼱 䎃 㼆絶䫡銳宠䖎 կ 䒊霃䘯鸟 䧮 䒊瘰䋗ざ 㖈㹊梡㢪邍繠錜涸ず傞 剒㣐玐䏞㖑 䪋叻ⲥ 垷㗌 䒊鸣涸 挿կ 㥵剣 銳 㖈絆鄳㸤䧭た〳 㖈ꬋⰢꝶ鿈 鄳㔵䫡禹絡կ 䒊霃梠 劢勻㼜霆僈䧮 䧭〳ⱄ欰涸䨻㾋倰呩僽㹊梡 劍蒜腊涸姻烁鷥䭊կ 荈絛荈駈 蒜腊霃雦Ղ䒊瘰荈遤 歏嫱 넞鴪 㣖 腊 歏 叻ⲥ 䧭䒭歏寑 腊禹絡 襴歏 掚䧴瑟孞彂 掚 军 檗㢴㼷痦 㾉翫ざ㕂➃㾀㣐 倝㘗䨻㾋㾝爙고湡 掚䗄梠禹絡 䎾掚宐 呔ざ椚 䊨 垷㗌 涸䒊霃倰岁〳 㣐䌴 䧭劥 鵯䠑 满䧮 涸䨻㾋㖈ぐ 㕂㹻涸䋑㖞 剣葻㥩涸畊 կ -&%撑僈 禹 &7 歏禹絡 ぢ 㣛兰腊䱽ⵖ禹絡

Excellent Quality Frames made from rigid light gauge galvanized steel allows for fully completed factory manufactured panels to be lifted into place and installed on site. Panels produced from modern composite materials are both environmental - friendly and energy efficient in their construction and in their operation. The houses are designed for a minimum 60 year life with minimum maintenance. Fast Construction We work with architects to maximize the benefits of using our standardized modular construction while achieving the appropriate external appearance. Cladding systems can, if necessary, be installed after assembly when no longer on the critical path. Self-Powering Generation Energy efficient design - up to 75% energy independent: Solar PV supply for House / Apartment utilization. Standard integrated battery storage system. Electric storage heating or air source heating. Water heated by renewable energy system. Eco-Friendly Construction Future will prove that our integrated renewables are suitable choices for long term and low energy costs. Affordable Cost Industrialized modular construction methods allows for substantial cost reductions - meaning our homes will be affordable to build and operate in the local housing market. LED lighting system. EV charging (bi-directional). Smart control systems.

TRIUMPH SMART AGRICULTURE The Triumph HaoFeng Smart Agriculture Garden locates in Dezhou, Shandong covers 1150 Mu (which equals approximately to 190 acre); the first-stage of tomato greenhouse takes 110 Mu (18 acre), and will be constructed and put into operation in 2017. When the project reaches its design capacity, the annual output of organic tomatoes will reach 4500 tons, valuing 5.4 million yuan. The smart greenhouse has the advantages of high productivity, long lifecycle, steady climate, low energy consumption and high land-use efficiency. The smart greenhouse adopts stereoscopic cultivation and soilless culture technology, adjusting growth elements through an intelligent control system. By the advanced control, the raindrop and carbon dioxide could be recycled. Compared to that of the traditional field planting, the production capacity of the smart agriculture greenhouse in the same area is 5 to 6 times higher, while the irrigation water supply is only 5% of the traditional way. The smart agriculture can fully guarantee the safe, efficient and environmental-friendly tomato production.

TRIUMPH SOLAR PANEL Jetion Solar Panel Jetion Solar (China) Co., Ltd is a global player in the field of solar technologies. Ever since its establishment in December 2004, Jetion has the multi-capacity in production and management to design, manufacture and market high efficient solar cells, modules as well as the investment and construction of solar power station. Jetion joined CNBM in 2013. Today Jetion has 1.2GW cells and 1.5GW modules manufacturing capacity and its worldwide installed capacity has achieved 3GW. Jetion always concentrates on research and innovation. It has owned over 213 patented technologies on PV and 120 know-hows. Its products have been certified by the international authority institute. The products are s sold JT PXg 60 16.2% abroad to Europe,North America, Asia, Australia, the Middle East, South Africa and other regions. 250-265W 0~+5w JT PPg 60 17.0% JT PAg 72 16.8% 255-275W 0~+5w 305-325W 0~+5w JT PPg 1500V JT PPg 60 17.0% 1500V 60 17.0% 255-275W 0~+5w 255-275W 0~+5w

Avancis Solar Panel With more than 30 years history in the R&D and Industrialization of CIGS Thin-Film PV Technology, CNBM-Avancis has become as one of the leading companies in this area worldwide. After years of development, CNBM-Avancis formed it comprehensive CIGS technology development layout which integrated technical R&D, technical transfer and production. CNBM-Avancis Torgau Manufacture Factory of CIGS Thin-Flim PV Module is located in Torgau, Saxony State, Germany. The construction of the factory started in year 2010 and the first production in year 2011. With full automatic manufacturing equipment, the manufacturing process represents the latest and most advanced technology. the factory can produce 100MW CIGS PV module per year. CNBM plans to build its first CIGS Thin-Film PV Module production industry base in Bengbu, Anhui province, with the designed annual production capacity of 1.5 GW.

CTF Solar Panel CTF is a wholly-owned subsidiary of Triumph Group with decades of research experiences and world-leading research results in CdTe thin-film solar panel; its research center located in Dresden, Germany. CdTe thin-film solar panel program. As the pioneer of photovoltaic glass in China, Triumph Group is building a CdTe module factory in Chengdu, which is the first CdTe panel production line with highest technique level in China. Its efficiency in the lab has now reached 17.8%, and the efficiency of small modules has reached 14.5%. The successful completion of this program will bring the largest single productivity of thin-film solar panel and the biggest product size in the world. It also will be the most environmental friendly production line and the first whole-functional product garden from raw material production to solar plant application in the world. In the meantime, it will be the most intelligent and efficient CdTe solar panel production line in China. Wormit 4.96MW Ground Solar Power Plant, Fife, UK

TRIUMPH RESEARCH & DEVELOPMENT CdTe Thin-Film Solar Panel CdTe thin-film solar cell is a PV module based on P-type CdTe and N-type CdS junctions. It consists of deposition of multi-coated thin-films on glass or other soft layers, which has advantages of low cost, simple process, short energy-payback-time, high efficiency of modules and others. CdTe technology is the best in the solar cell technology regards to the weak light performance and the temperature coefficient, its theoretical photoelectric transformation efficiency is the highest in the thin-film solar cells. The laboratory results keep breaking the highest efficiency record for many years and now is 22.1%. Industrial efficiency is over 16%, as the most successful thin-film solar cell technology transformed from technology to industrial production.

CIGS Thin-Film PV Technology CIGS thin film solar cell is a kind of thin film solar cell made by the proportion of the four elements: copper, indium, gallium and selenium. With low production cost, little pollution, no degradation and good weak-light performance, the conversion rate of CIGS thin film solar cell ranks top among various thin film solar cells. It is the most promising new thin film solar cell. At present, thin film solar energy has become the most shining member of PV new energy technology. Its global market share is expanding constantly. CIGS thin film solar technology has great development potential and space to replace silicon solar cells and become the mainstream technology in the future.

PV Glass Ultra-Thin Rolling PV Glass Triumph successfully developed 1.8mm, 1.6mm and 1.5mm ultra-thin rolling PV glass in 2017, and has become the first company to have the mass production line for 1.5mm ultra-thin PV glass. Molybdenum Coating Glass Molybdenum coating glass is the substrate glass for CIGS thin-film PV module. Molybdenum is the rare metal which is the higher production costs. Group has independently developed the Substitute Goods of conventional Molybdenum Substrate Glass The new efficient Molybdenum coating Substrate Glass. Group will build a production line which can produce the Molybdenum coating Substrate Glass more than 2.2 million square meters. To build the largest production base of Molybdenum coating Glass in the world, thus realizing the made-in-bengbu of CIGS thin-film PV module. TCO Glass TCO glass is the substrate glass for thin-film PV module. Triumph Group has independently developed the TCO glass technology, filling the domestic technical gap. This technology will play an vital role in the future thin-film PV module development.

TRIUMPH SOLAR PRESENT WORLDWIDE Triumph Solar positively develops and operates the EPC of oversea solar market, expanding its business into major markets of Europe, the Americas and Asia. In recent years, Triumph Solar successfully completed EPC of several large solar projects in Europe which accumulate over 200MW, including the top two largest single solar plants in the UK. All the projects were completed and connected to the grid on time, and Triumph Solar had won the UK government subsidies, investments of leading international solar capitals and long-term financing of large institutions. The EPC contract signing of the 221MW Portugal solar plant, which is the largest-ever installed capacity of a single solar plant in the whole Europe, represents that Triumph Group has become the biggest Chinese solar EPC general contractor in Europe as well as a leader in the European solar market. Triumph Solar formed its global strategy through several milestone projects, such as the Myanmar 220MW Project, the USA 100MW Project, and the Japan Chibaken 2.054MW Project. The Triumph Group s British subsidiary, Triumph Engineering (UK) Co., Ltd. was established on June, 2016, which not only brings a big promotion of overseas business and a vast expanding in global solar market, but also strengthens the cooperation between Triumph Solar and its international partners. TRIUMPH Powering the Future