The Board announced that on 27 January 2021, a subsidiary of the MECOM Power and Construction Limited entered into a contract for undertaking an EV charging project in a residential property project in Huadu District, Guangzhou City, Guangdong Province, the PRC. Huadu District is an important transport hub with infrastructures such as the Guangzhou Baiyun International Airport and the Guangzhou North Railway Station. The project covers 1,500 parking spaces and the scope of work includes provision of design, supply, installation, operation and maintenance services for EV charger facilities. The contract shall remain in effect for five years and installation of the EV charger facilities will be completed during the contract period according to the users' requirements.