Sky Fusion Global Supply Chain-TIMELINE

ROADMAP

Entered into WTGs inland transportation market in South Africa

· Castle Windmill Project (16*6MW Goldwind WTGs), shipping and inland transport

Awarded contracts successively include

· Chile LDT (57*6MW Goldwind WTGs), shipping

· Vietnam Tan An 1 (7*4.5MW Windey WTGs), from EXW to POD

· Vietnam WTO YuanAn (8*6MW Mingyang WTGs), shipping

· Egypt GOS II (35*6MW Goldwind WTGs), shipping

· Brazil Serra da Plameria (55*6MW Goldwind WTGs), shipping

The road to independent development – clearly defined clean energy, especially wind power, as a long-term strategic development goal

Strategic cooperation with Goldwind in global wind market

New award and success implementation of Shanwei Jiazi Offshore Windmill Project Phase I (3000 tons offshore substation transportation)

New awards of overseas wind power plant projects incl. WTO Offshore Windmill Project in Vietnam (75*5.0MW Mingyang WTGs), Hanbaram Onshore Windmill Project in Vietnam (29*4.5MW SGRE WTGs) Fertilizer and grain business from long term clients

Industrial Projects reorients to clean energy industry such as wind and nuclear power as the strategic direction;

New awards in wind and nuclear power sectors, including CEEC Hanbaram onshore windmill project in Vietnam, Mingyang Smart Energy WTO offshore windmill Project in Vietnam, CGN Shanwei Jiazi offshore wind power project, and signed the framework agreement with SPIC for 9 nuclear power plants within 8 years’ construction circle.

Dry bulk Chartering entered into the global fertilizer trade sector and the cargo volume has achieved more than 1 million MTs.

Breaking on new clients, established solid business partnership and comprehensive cooperation with large SOEs, international wind power enterprises and EPCs for IP business, including Energy China, Power China, SEC, HEI, DEC, SPIC, CNPC, CNOOC, Vestas, SGRE, GE, Nordex, Enercon, BP, Fluor, Technip, etc.; logistics service accomplished for HYH NPP Project; Off-market cargo and COAs with reliable clients developed in the challenging market for chartering business.

Entered into the Indian dry bulk chartering market; Continuous growth in the global wind power market with project chartering as the core competitiveness, cooperation with Chinese and the world's leading wind power companies, including Goldwind, Envision, Sinovel, DEC, POWERCHINA, Siemens, etc., to assist the Clients to build windfarms around the world; Saudi Petrochem projects continuous booming with new awards from Sinopec and CNCEC;

The 1st Upper Modules offshore project, single piece of cargo weighing up to 2,400 tons shipping from Norway to Shandong Province.

Biggest freight volume project (700k FRT) - SEC India Thermal Power Plant Project; Saudi Petrochem projects booming, several new projects awarded from Sinopec, Wison, etc.;

Fast development of overseas windmill projects – Gamesa India project and Sinovel Italy project, with Project Chartering as the core competency for the team to expand in the global wind energy sector; logistics service accomplished for Ling’ao NPP Project;

Up to 20 million MTs of dry bulk cargoes.

Dry Bulk Chartering achieved good results in the challenging market, annual cargo transportation amounted to 18 million MTs;

New awards of the 2nd Nuclear Power Plant Project - Hongyanhe NPP.

Project Chartering was set up, and West Africa semi-liner service was developed based on China Rail Angola Project;

50+ bulk vessels with 15 Time Charter vessels operated and released all the time charter vessels to the market before the market collapsed in the global economic crisis.

The 1st COA of one million MTs of thermal coal with one key account in power sector;

A year of breakthroughs: the 1st Nuclear Power Project – Ling’ao NPP; the 1st Thermal Power Plant Project - SEC Indonesia Coal-fired Power Plant; the 1st Petrochem Project awarded from SINOPEC in Saudi Arabia.

Shanghai Subway transportation project; Asia biggest Zhejiang PTA project, importing equipment from Europe to China;

Long-term cooperation with major Chinese power and steel groups for global coal transportation.

The team was established on Oct. 8th, dedicated in Global Dry Bulk and Industrial Projects markets;

The 1st steel mill rolling and casting production line project was awarded.