TECHNOVATOR INTERNATIONAL LIMITED 同方泰德國際科技有限公司* (Incorporated in Singapore with Limited Liability) (Stock Code: 1206)
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Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. Technovator TECHNOVATOR INTERNATIONAL LIMITED 同方泰德國際科技有限公司* (incorporated in Singapore with limited liability) (Stock Code: 1206) VOLUNTARY ANNOUNCEMENT SUCCESSFUL EXPANSION OF THE INTELLIGENT BUSINESS OF CHANGCHUN RAIL TRANSIT This announcement is made by Technovator International Limited (the “Company”, together with its subsidiaries, the “Group”) on a voluntary basis to inform the shareholders of the Company and potential investors about the latest business development of the Group. The board of directors of the Company (the “Board“) 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 contract value amounts to approximately RMB98.72 million and the Changchun Project is scheduled for completion by the end of 2016. 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 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. * for identification purpose only – 1 – Currently, the Group has established its Intelligent Rail Transit Business presence across 15 cities with more than 40 routes, namely Beijing, Tianjin, Nanjing, Guangzhou, Harbin, Changchun, Dalian, Changsha, Shijiazhuang, Wuhan, Chongqing, Qingdao, Suzhou, Chengdu and Tehran in Iran, whilst Intelligent Rail Transit Network Command Center Business covers 3 first-tier cities including Beijing, Guangzhou, and Shenzhen as well as the Intelligent Intercity Passenger Railway Business including routes of Beijing–Tianjin, Shanghai–Nanjing, Shijiazhuang–Taiyuan, Wuhan–Guangzhou, Shanghai–Hangzhou, Zhengzhou–Xi’an and Hainan Eastern Ring. Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company. By the order of the Board Technovator International Limited Fan Xin Chairman Beijing, 29 February 2016 As at the date of this announcement, the executive directors of the Company are Mr. Zhao Xiaobo and Mr. Seah Han Leong; the non-executive directors of the Company are Mr. Fan Xin, Mr. Liu Tianmin and Mr. Wang Yinghu; and the independent non-executive directors of the Company are Mr. Fan Ren Da Anthony, Mr. Chia Yew Boon and Ms. Chen Hua. – 2 –.