On March 20th, a grand heating center installation project start ceremony was held for “the refined sugar production and heating center EPC project of Dafeng Yingmao Sugar Co., Ltd.” contracted by Haisum Co., Ltd. The leaders of Administrative Committee of Dafeng Port Economic Development Zone, the owner representatives from Dafeng Yingmao Sugar Co., Ltd., and the representatives from supervision company and installation company were present at the launching ceremony. Vice President Qi Yongyi, Zhou Yuan, the General Manager of Design/Engineering Department III, and Feng Yi, Dafeng Yingmao Project Manager etc. attended the launching ceremony.

With a gross investment of over RMB 1.3 billion from SSCW under Bright Food (Group) Co., Ltd., Dafeng Yingmao Project is located in Dafeng Port Area, Yancheng, Jiangsu Province, covering an area of approx. 400 Mu. Upon its completion, the project will contribute an annual output of 1 million tons and a daily raw sugar refining capacity of 4,000t, thereby turning into the biggest raw sugar storage, processing and trading center in East China and "the best world-class" sugar base in China.

The Dafeng Yingmao Project was commenced in March 2016; the project team of the Company overcame such difficulties as harsh field operating environment and high difficulty in pile foundation, and assured the successful implementation and progress of project with great and active attitude toward work.

The successful hoisting & installation of steel framework on site at the launching ceremony marked this project officially got into the most complex installation phase, thus being considered an important milestone of project development. The project team of the Company will continue performing careful construction and rigorous control so as to assure the successful completion of project.