CECEP Solar Energy Technology Co., Ltd successfully acquired a project company in Milan notary office at 8 p.m. 10 November, 2011, local time. This company has the investment interest and qualification to develop and build grid for a solar power plant project which is located in south Rome with an effective illumination time of over 1,600 hours. It will only use high quality solar components produced by our Zhenjiang Company. It is estimated that this project will get started at the end of this month and be on the grid to generate electricity by February 2012. This will be the first overseas demonstration project of CECEP Solar Energy Technology’s solar components as well as the beginning of our overseas construction project investment pattern. Moreover, it marked a breakthrough in our overseas solar energy investment pattern since last year’s successful acquisition of finished project.