Successful Expansion of the Intelligent Business Of
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SUCCESSFUL EXPANSION OF A CONTRACT IN RESPECT OFTHE INTELLIGENT BUSINESS OF CHANGCHUN RAIL TRANSIT 29 February 2016 Press Release SUCCESSFUL EXPANSION OF THE INTELLIGENT BUSINESS OF CHANGCHUN RAIL TRANSIT (29 February 2016, Hong Kong) Technovator International Ltd. (“Technovator” or “the Group”, HKEx: 1206) is pleased to announce that the Group has recently successfully entered into a contract regarding the “construction of Integrated Supervision and Control System for Changchun rail transit line 1 Phase 1” (the “Changchun Project”). The Changchun rail transit line 1, with a total rail length of 40.65km. Pursuant to the Changchun Project, the Group will be responsible for overall integration of intelligent rail transit system such as systems design, software and hardware equipment, development and manufacturing, procurement, product supply, installation and commissioning, consisting of Integrated Supervision and Control System (ISCS), Building Automation System (BAS), and Access System, with the implementation of the Group’s proprietary ISCS platform. The contract value amounts to approximately RMB98.72 million and Changchun Project is scheduled for completion by the end of 2016. The Group’s overall competencies in the field of the Intelligent Rail Transit Business have been underscored by winning of the Changchun Project, which enabling the Group to pursue a sweeping business presence in Northeast China and facilitating its sustainable development in Changchun. There has been a very strong demand for safe and efficient forms of transportation attendant on the sizzling growth of the urban rail transit in recent years. As a leading integrated energy saving services provider, Technovator is engaged to propel the application of intelligent rail transit, and provide specialized solutions with focus on the variations in regional climate, customer demand and post-operation management. Technovator made an acquisition of related businesses and assets in the fields of intelligent rail transit from its parent company, in 2015, with an objective to further enhance its business chain. The Group has laid the groundwork for its intelligent rail transit business, by the aforesaid acquisition, and lend itself to generate synergies between the existing products and businesses as well as boost up operational efficiency. SUCCESSFUL EXPANSION OF A CONTRACT IN RESPECT OFTHE INTELLIGENT BUSINESS OF CHANGCHUN RAIL TRANSIT 29 February 2016 As a pioneer in the field of domestic intelligent rail transit with years of experience in project design and implementation of rail transit integrated supervision and control and intelligent building, coupled with strong technical competencies and overall management capabilities, Technovator is promising to lower energy consumption and overall operating costs, backed by Techcon EEC rail transit control system. With such resources optimization and integration bolstering up the Group's competitive strengths and service capabilities, Technovator is poised to seize the opportunities brought by the robust development of intelligent rail transit industry. About Technovator International Limited Technovator International Ltd. (“Technovator”, stock code: 01206.HK) is a leading provider of integrated energy-saving services, a subsidiary of Tsinghua Tongfang Co., Ltd.(SSE: 600100). Inherited the leading-edge technology and experience in the energy saving industry from Tsinghua Tongfang, Technovator has developed strong R&D capabilities and technology competencies, and is dedicated to provide integrated energy saving products, solutions and services; develop energy monitoring and management solution which could be applied to building, industrial, heating supply, transportation energy saving field. Founded in Singapore in 2005, Technovator International Ltd. listed on the Main Board of the HKSE on 27 Oct 2011. .