Greenergy Holdings Incorporated and Hanergy Thin Film Power Asia Pacific Limited ("Hanergy") has agreed to extend the term of the International Distributorship Agreement for a period of thirty (30) days from April 10, 2020 or until 10 May 2020. The extension was made in consideration of the delay in the delivery of the shipment of Hanergy solar products due to the COVID-19 pandemic and to give the parties time to negotiate the terms and conditions of the assignment by the Company of its rights and obligations under the IDA to Winsun Greeen Ventures Inc., its wholly-owned subsidiary.