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.

ᐑଢ኷ଫණྠϞࠢʮ̡

GLOBAL STRATEGIC GROUP LIMITED ᐑଢ኷ଫණྠϞࠢʮ̡

(Incorporated in the Cayman Islands with limited liability)

(Stock Code: 8007)

VOLUNTARY ANNOUNCEMENT

This is a voluntary announcement made by Global Strategic Group Limited (the "Company", together with its subsidiaries, the "Group") to inform the public of the latest business development of the Group.

The board (the "Board") of directors (the "Director(s)") of the Company is pleased to announce that the subsidiary of the Company, ಌᘪᐑྤ߅Ҧ€ɪऎϞࠢʮ̡ (Senchou Environmental Technology (Shanghai) Co., Ltd.*) ("Senchou Environmental"), has entered into three steel support axial force servo system technical service contracts with various independent third party contractors, details of which are set out below:

  • (i) on 12 September 2018, Senchou Environmental entered into a service contract with ௴ვዚ૛Ҧ ஔ€ɪऎϞࠢʮ̡ (Chuangyin Machinery Technology (Shanghai) Co., Ltd.*) ("Chuangyin Machinery") pursuant to which Senchou Environmental has agreed to provide and Chuangyin Machinery has agreed to accept the steel support axial force servo system equipment leasing services, the installation of monitoring system services and the technical consulting services (the "Equipment and Services") in relation to the railway engineering project in Hangzhou, the People's Republic of China (the "PRC"), for a period of approximately six months, with a contract value of up to RMB1,200,000;

  • (ii) on 12 October 2018, Senchou Environmental entered into a service contract with ɪऎᚑഁܔண ණྠϞࠢʮ̡ (Shanghai Yutong Construction Group Co., Ltd.*) ("Shanghai Yutong") pursuant to which Senchou Environmental has agreed to provide and Shanghai Yutong has agreed to accept the Equipment and Services in relation to the railway engineering project in Suzhou, the PRC, for a period of three months, with a contract value of up to approximately RMB830,000; and

(iii) on 3 January 2019, Senchou Environmental entered into a service contract with ɪऎᒹखዚ૛Ϟ ࠢʮ̡ (Shanghai Chenghao Machinery Co., Ltd.*) ("Shanghai Chenghao") pursuant to which Senchou Environmental has agreed to provide and Shanghai Chenghao has agreed to accept the Equipment and Services in relation to the railway engineering project in Hangzhou, the PRC with a contract value of up to RMB6,800,000.

Senchou Environmental was established in the PRC and is principally engaged in leasing of steel support axial force servo system. Steel support axial force servo systems are mainly used to support the foundation works during the construction of railways.

Chuangyin Machinery was established in the PRC and is principally engaged in mechanical technology development and consulting services.

Shanghai Yutong was established in the PRC and is principally engaged in foundation engineering.

Shanghai Chenghao was established in the PRC and is principally engaged in automated construction engineering.

The Group is principally engaged in the provision of internet and e-commerce enabling solutions, IT consulting & technical services, strategic investments in technologies and applications, trading of commodities, providing natural gas supply and provision of design and construction of new energy power generation equipment, energy storage systems and power equipment, technology development, technical services and technology transfer.

In view of the PRC Government's policy to promote railway expansion in Hangzhou and Suzhou, the Board considers that the entering into of the relevant service contracts by the Group will help develop the Group's new leasing business of the steel support axial force servo system and expand its revenue stream. The Group will also actively seek opportunities with regards to railway developments in other parts of the PRC, which will contribute to the Group's long term growth.

By order of the Board

Global Strategic Group Limited

Cheung Tuen Ting

Executive Director and Chief Executive Officer

Hong Kong, 8 January 2019

As at the date of this announcement, the executive Directors are Mr. Cheung Tuen Ting (Chief Executive Officer), Mr. Wu Guoming, Mr. Long Wenming, Mr. Chen Hualiang and Mr. Han Leiping; and the independent non-executive Directors are Ms. Kwan Sin Yee, Mr. Leung Oh Man, Martin, Mr. Sun Zhi Jun and Ms. Huang Yu Jun.

This announcement, for which the Directors collectively and individually accept full responsibility, includes particulars given in compliance with the GEM Listing Rules for the purpose of giving information with regard to the Company. The Directors, having made all reasonable enquiries, confirm that to the best of their knowledge and belief the information contained in this announcement is accurate and complete in all material respects and not misleading or deceptive, and there are no other matters the omission of which would make any statement herein or this announcement misleading.

This announcement will remain on the GEM website atwww.hkgem.comon the "Latest Company Announcements" page for at least 7 days from the day of its posting and the Company's website atwww.globalstrategicgroup.com.hk.

*For reference purposes only, the Chinese name of the PRC entity has been translated into English in this announcement. In the event of any discrepancies between the Chinese name of the PRC entity and its English translation, the Chinese version shall prevail.

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Global Strategic Group Limited published this content on 08 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 January 2019 14:03:05 UTC