DIT Group Limited DIT's Parent Company Drawin Group Constructs
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[For immediate release] DIT Group Limited (Stock code: 726. HK) DIT’s Parent Company Drawin Group Constructs Production Bases in Zhumadian and Luoyang Cities to Build up Production Capacity in Henan Province and Seize Opportunities in Development of Prefabricated Construction Industry (11 September 2020, Hong Kong) DIT Group Limited (“DIT” or the “Group”, SEHK stock code: 726), an innovative high-tech company specializing in businesses in the whole value chain of prefabricated construction (PC) in the People’s Republic of China (“PRC”), is pleased to announce that its parent company, Drawin Group has separately signed cooperation agreements with the Queshan County Government in Zhumadian city on 6 September and with the Ruyang County Government in Luoyang city on 7 September in Henan province to build a Green Construction Industrial Park in each of the two counties. The Green Construction Industrial Park in Zhumadian is Drawin Group’s first such project in southern Henan, and it paves the way for the expansion of the Group’s business presence in the region. The industrial park, which will be jointly funded and constructed in phases on a site of 133,333 sq.m. by Drawin Group and the Queshan County Government, will be located in a zone for an industry cluster in the county. The Green Construction Industrial Park in Zhumadian will gradually attain the target of production capacity, thus completing DIT’s plan for expanding its presence into different geographical markets. The project will ultimately make southern Henan a centre of prefabricated construction industry and add impetus to the transformation and upgrading of the construction industry as well as the development of both the upstream and downstream businesses of that industry in the region. – Con’t – DIT’s Parent Company Drawin Group Constructs Production Bases in Zhumadian and Luoyang Cities to Build up Production Capacity in Henan Province and Seize Opportunities in Development of Prefabricated Construction Industry 11 September 2020, Page 2 Caption: The ceremony for the signing of the cooperation agreement between DIT Group Limited and Queshan County Government in Zhumadian City, Henan Province about the construction of the Green Construction Industrial Park Meanwhile, the Green Construction Industrial Park in Luoyang will be the fifth industrial park built by Drawin Group in Henan province and the first such park by the Group in western Henan. The Green Construction Industrial Park in Luoyang will be constructed on a site of about 200,000 sq.m. in a zone for an industry cluster in Ruyang County. The park is designed to be a base for prefabricated construction industry with a comprehensive range of functions, including the manufacturing of prefabricated construction components for energy-saving buildings and intelligent construction, the research and development, production and sales of new types of materials and new types of equipment, and the training of workers in prefabricated construction in western Henan. The park will also serve as a technology research center. – Con’t – DIT’s Parent Company Drawin Group Constructs Production Bases in Zhumadian and Luoyang Cities to Build up Production Capacity in Henan Province and Seize Opportunities in Development of Prefabricated Construction Industry 11 September 2020, Page 2 Caption: The ceremony for the signing of the cooperation agreement between DIT Group Limited and Ruyang County Government in Luoyang City, Henan Province about the construction of Green Construction Industrial Park DIT Group’s chief executive officer and executive director Guo Weiqiang said, “As a leading service provider of integrated solutions to intelligent construction, the Group will continue to build up its production capacity in Henan. The Green Construction Industrial Parks in Zhumadian and Luoyang will expand the Group’s production capacity in the future and thus allows it to expand both its market and its share of it. This will lay a solid foundation for its continued business growth. Moreover, we will remain fully committed to our mission “to make life better with smart technology”. We will also aim for synergy between DIT and various business segments of the CCRE Group. With its competitive edge of possessing technologies for the whole value chain of the prefabricated construction industry, the Group will speed up the expansion of its business footprint nationwide and strive to explore opportunities for new projects. We aim to explore the new markets for prefabricated construction.” – End – About DIT Group Limited Headquartered in Changsha and Zhengzhou China, DIT Group Limited is an innovative high-tech enterprise that specializes in businesses throughout the entire value chain of prefabricated construction (PC). The company is listed on the main board of the Stock Exchange of Hong Kong Limited (stock code: 726.HK), and is also the first listed company in China’s PC industry. The Group promotes the modernization of construction industry, and its businesses cover the entire value chain of the PC industry, including R&D, PC components manufacturing, franchise and consultation of PC plants, and manufacturing of intelligent PC equipment. The Group has already set up several smart PC equipment plants nationwide. It runs nine self-operated PC plants and DIT’s Parent Company Drawin Group Constructs Production Bases in Zhumadian and Luoyang Cities to Build up Production Capacity in Henan Province and Seize Opportunities in Development of Prefabricated Construction Industry 11 September 2020, Page 2 several plants on behalf of other companies, and has eight plants owned and operated by franchisees. By adopting the world’s first business model of combining engineering, manufacture, procurement and construction (EMPC), which is created by Drawin Group, DIT Group has been widely recognized by its clients for its technology and products. DIT Group has green construction industrial parks in over 45 cities in 22 provinces nationwide, providing service for projects under construction with a total site area of 6 million square meters in China. For further information, please contact: DIT Group Limited iPR Ogilvy Limited Ms. Vanessa Sun Tina Law / Jelly Lin / Shana Li / Daisy Leung Senior Investor Relations Manager Tel: (852) 2136 6181 / 3920 7648 Email: [email protected] 3920 7649 / 3920 7626 Email: [email protected] .