Sunpower : Secures M&S Contracts Totalling RMB185.2 Million From Xinjiang Xinte, A Subsidiary Of TBEA

• Contract win, a repeat order from Xinjiang Xinte, adds on to existing record order book of RMB2.0 billion as at end-March 2018
• A testament of Sunpower's leading position in servicing reputable polysilicon players
• Expected to have positive impact on the Group's FY2018 Results

Singapore, 31 May 2018 - Mainboard-listed Sunpower Group Ltd. ('中圣集团', 'Sunpower' or the 'Group'), an environmental protection solutions specialist with a strong focus on expanding into antipollution investment projects ('Green Investments' or 'GI') which generates long-term intrinsic value in the form of recurring income and cash flows, is pleased to announce that it has signed another Manufacturing and Services ('M&S') contract worth RMB105.2 million from Xinjiang Xinte Crystalline Silicon High-tech Co., Ltd ('新疆新特晶体硅高科技有限公司', 'Xinjiang Xinte'), which brought its total contract value from Xinjiang Xinte to RMB185.2 million within one month.