The board of directors of China Glass Holdings Limited announced that, the online transparent conductive oxide ("TCO") glass products have recently been successfully rolled out on the online TCO coated glass production line with a daily melting capacity of 600 tonnes owned by the Group in Dongtai, Jiangsu Province. The Group successfully developed the online TCO glass products by utilizing "A Complete Set of Technologies for Efficient Preparation of Float Online Oxide Series Functional Films" in which it possesses the independent intellectual property rights and second class award of State Technological Invention Award was obtained. Such products have excellent photoelectric properties such as light transmission rate, surface resistance and haze etc., with sound film uniformity over a large area, which can meet the requirements of new thin film solar cell modules such as perovskite, cadmium telluride and so on.

The Group has been engaged in the research and application of online coated glass technology for float glass for the long term, and is currently one of the limited number of companies globally that possess independent intellectual property rights to the full set of production technologies for both online low-emission glass and online TCO coated glass. The Group will give full play to its market competitive advantages in the field of coated glass with leading production technologies and low comprehensive costs etc. to further develop the energy-saving glass and new energy materials market, in a bid to realize industrial transformation and upgrade and help achieve the goals of "carbon dioxide peaking and carbon neutralization" in country.

Shareholders and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.