Ground on photovoltaic 1.6 billion LED project successful the Grandbuy Group

October 11, the ground on photovoltaic announcement said the company Guangzhou Department Store Enterprise Group Co., Ltd. issued the "Letter", was received on October 10 to determine the ground on photovoltaic energy-saving and Guangdong Bega Services Limited Consortium for GuangdongLED industry projects of the Province of strategic emerging industries of special funds Grandbuy LED lighting demonstration project of the winning bidder, the winning bid amount to approximately 1.6 billion.

Ground on photovoltaic said the successful Grandbuy LED project, and help to further enhance the company's market share in the field of LED lighting in Guangdong Province, to consolidate the company's brand influence and leadership within the industry; since a longer implementation period of the project, so ground on the optical expected that the implementation of the project does not constitute a material impact on the company's performance in 2012, will have a positive impact on the company's performance in 2013 and future years.