On 14 August 2019, Tianjin Century Concord Huaxing Wind Power Equipment Co., Ltd. as Purchaser and Zhejiang Windey Co., Ltd. as the Supplier entered into the Purchase Contract I regarding the purchase of 3 sets of wind power electricity generation equipment at a total consideration of RMB 26,220,000, by the Purchaser from the Supplier for the wind farm project I of the Group in Heilongjiang Province, the PRC. The Board announced that since additional sets of wind power electricity generation equipment are required for the wind farm project I, on 13 November 2019, the Purchaser and the Supplier entered into the Supplemental Agreement to the Purchase Contract I to purchase additional 17 sets of wind power electricity generation equipment at a consideration of RMB 155,380,000 and thus increase the total consideration payable by the Purchaser to RMB 181,600,000. The Board announced that on 13 November 2019, the Purchaser and the Supplier entered into (i) the Purchase Contract II regarding the purchase of 60 sets of wind power electricity generation equipment at a total consideration of RMB 569,400,000, by the Purchaser from the Supplier for the wind farm project I of the Group in Heilongjiang Province, the PRC; and (ii) the Purchase Contract III regarding the purchase of 20 sets of wind power electricity generation equipment at a total consideration of RMB 189,800,000, by the Purchaser from the Supplier for the wind farm project II of the Group in Heilongjiang Province, the PRC.