The Board announced that on 19 January 2021 (after trading hours), China Development Bank Financial Leasing Co., Ltd. (as the Lessor) entered into the Finance Lease Agreement with the Lessee, pursuant to which the Lessor purchased the Leased Assets from the Lessee at a consideration of RMB 1,000,000,000, and the Lessor agreed to lease the Leased Assets to the Lessee with a lease period of 60 months. Date: 19 January 2021. Parties, Lessor: the company, Lessee: a limited liability company located in Shandong Province, the PRC, which is principally engaged in the businesses of land restoration, operation of infrastructure construction, etc. Leased Assets: The leased assets are the sewage and water supply piping networks assets located in Shandong Province, the PRC. The aggregate book value of the Leased Assets is approximately RMB 1,169,966,900. The Lessee does not separately calculate the profits before and after tax of the Leased Assets. Lease Period: 60 months.