PHONO SOLAR TECHNOLOGY CO., LTD. WORLDWIDE CONTACTS. www.phonosolar.com EN-B-150107

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PHONO SOLAR TECHNOLOGY CO., LTD. WORLDWIDE CONTACTS Phono Solar Technology Co., Ltd. Add: No. 1 Xinghuo Rd., Nanjing Hi-tech Zone, Nanjing, China Tel: +86 25 5863 8000 Fax: +86 25 5863 8009 E-mail: info@phonosolar.com Phono Solar Germany Add: Hanns Martin Schleyer Str. 18a, 47877 Willich, Germany Tel: +49 2154 8145220 Fax: +49 2154 8145223 E-mail: germany@phonosolar.com PHONO SOLAR - Australia Add: PO Box 1848, Port Macquarie NSW 2444 Tel: +61 02 6583 6735 E-mail: australia@phonosolar.com Phono Solar UK Add: Units A&B Escrick Business Park, Escrick, York, YO19 6FD, UK Tel: +44 1904 477920 Fax: +44 1904 720565 E-mail: uk@phonosolar.com Phono Solar North America Add: 13128 Imperial Highway, Santa Fe Springs, CA 90670, USA Tel: +1 (562) 999 3840 Fax: +1 (562) 999 3807 E-mail: usa@phonosolar.com PHONO SOLAR - Japan Add: Shibaura 3-5-25 Bay Court 184, Minato-ku, Tokyo, Japan Tel: +81 90 9246 0497 E-mail: japan@phonosolar.com Phono Solar Italy E-mail: italy@phonosolar.com Phono Solar France E-mail: france@phonosolar.com Phono Solar Czech Republic E-mail: cz@phonosolar.com Phono Solar - Israel E-mail: Israel@phonosolar.com Phono Solar Romania E-mail: romania@phonosolar.com Phono Solar Bulgaria E-mail: bulgaria@phonosolar.com Phono Solar Slovakia E-mail: slovakia@phonosolar.com Phono Solar Poland E-mail: poland@phonosolar.com www.phonosolar.com EN-B-150107

CONTENTS ABOUT US. Company Overview. Fortune Global 500. Milestones STABILITY. State-owned Company. 35-year History. Interdependent Business Sectors RELIABILITY. Experienced Products. Efficient Technology. Rigorous Testing. Leading Manufacturing. Insured Warranty At Phono Solar, we strive to continuously innovate our products through R&D and to optimize our business model. We offer both a flexible and experienced service to our customers, ensuring that we always add value. C R E AT I V STABILITY I T Y RELIABILITY The strong background of SINOMACH and the SUMEC GROUP enables Phono Solar to offer a genuine 25-year product warranty. Interdependent business sectors have realized healthy and sustainable development. Phono Solar adheres to the highest standards of quality, has rigorous quality control processes, and strives to consistently deliver high quality products. CREATIVITY. Research & Development. Product Line Expansion ABOUT US Company Overview Phono Solar Technology Co., Ltd., was founded by SUMEC Group Corporation, a member of the China National Machinery Industry Corporation (SINOMACH). Phono Solar is a leading brand in the new energy industry, providing high quality new energy products since 2004. 1 Tier Bloomberg NEW ENERGY FINANCE Driven by both innovations in technology and an effective brand strategy, Phono Solar continuously extends the industry chain downstream and has realized moderate horizontal expansion. This has been achieved through cutting-edge applications of technology including on/ off-grid systems and smart micro-grid systems and also through the successful implementation of PV power plant investments, construction and operations globally. The Phono Solar brand has become synonymous with high performing, top quality photovoltaic modules and specializes in PV technology innovation, application and system development. The company is a KEY COMPONENT SUPPLIER, SYSTEM INTEGRATOR and PROJECT DEVELOPER. Phono Solar s worldwide sales and marketing network and service system effectively provides end-users with accessible clean energy, whilst promoting its core brand values of STABILITY, RELIABILITY and CREATIVITY. 01

SUMEC Group Corporation (SUMEC), founded in 1978, is a key member of China National Machinery Industry Corporation (SINOMACH). Its core business consists of shipbuilding and project contracting of complete equipment and engineering; the R&D, manufacturing and export of machinery and electric products including power tools, garden tools, power machinery, new energy products, etc., as well as textiles and garments; domestic trading and international tendering and the import of technological equipment and production materials. In the context of global economic integration, through long-term and unremitting exploration, innovation and development, SUMEC has become one of the largest import and export corporations in China. China National Machinery Industry Corporation (SINOMACH), is a large state-owned enterprise approved by the State Council and administered by the State-owned Assets Supervision and Administration Commission. SINOMACH is a Fortune Global 500 enterprise. Within the Chinese machine industry, SINOMACH has the most comprehensive lines of business both in terms of scale and diversification. It also has the strongest R&D capabilities. Within its portfolio, SINOMACH has 50 wholly-owned and holding subsidiaries, including 7 listed companies. It has more than 140 overseas servicer branches and globally employs nearly 100,000 staff. For many years, SINOMACH has sustained annual growth rates of over 30%. SINOMACH remains number 1 among the top 100 Chinese machinery enterprises and has been rated class-a in the performance evaluation for state-owned enterprises, as conducted by the State-owned Assets Supervision and Administration Commission. FORTUNE GLOBAL 500 In 2014 Phono Solar's parent company SINOMACH was ranked #278 in Fortune Magazine's "Fortune Global 500" Fortune Magazine s list of Fortune Global 500 is an annual ranking of the top 500 corporations worldwide as measured by revenue, profit and management. This is the third year that SINOMACH has made the Fortune Global 500, we ranked #326 in 2013. The President of SUMEC GROUP: Mr. Cai Jibo Milestones 1978 1997 2004 2008 2009 2010 2011 2012 2014 SUMEC GROUP founded in SINOMACH founded in One of the FIRST Phono Solar 120MW Expansion of Phono Solar realized one of the SINOMACH listed in TOP 600,000m 2 land allocated for Recognized as Tier 1 Nanjing, Jiangsu Beijing, China central governmental enterprises to be involved in the PV production line established production line capacity from 120MW to 200MW due to upgrading world's largest PV power plants, 35MW in Veprek, Czech Republic Phono Solar world leading PV- Fortune Global 500 Phono Solar 250MW advanced production line completed further expansion Plans to establish SINOMACH Renewable Industry Base/ by Bloomberg BNEF industry reconstruction laboratory in operation Academia Sinica Nanjing Branch 02 03

STABILITY Stay with us, we are always here. Rooftop PV Systems PV Power Plants Interdependent Business Sectors Power Engineering Metallurgy and Mining Engineering Petro-chemical and Generalpurpose Equipment Engineering Environmental Engineering Harbor Engineering Industrial Engineering Communications and Transportation Engineering Shipbuilding Engineering Maritime Environmental Engineering Telecommunications Engineering Agricultural Engineering Power Engineering Engineering Construction Light & Textile Industry Engineering Building Materials Engineering Logistics Engineering New Energy Engineering Cultural, Educational,Public Health & Residential Engineering Engineering Construction Civil Architecture Engineering Engineering Prospecting Petro-chemical Equipment Tools Imports & Domestic Trade Engineering Supervision 04 05

RELIABILITY Work with us, secure your business. Efficient Technology In order to offer our customers product value, Phono Solar invests heavily in efficient technologies to improve product reliability. In both our own laboratory and in an internationallyrecognized laboratories outdoor test site, we repeatedly test the actual performance of the product in non-standard test environments, which include low light conditions during dawn and dusk and windy conditions, etc. kwh 7,000,000 6,000,000 5,000,000 4,000,000 PTC Rating 3,000,000 2,000,000 1,000,000 0 10-May 10-Aug 10-Nov 11-Feb 11-May 11-Aug 11-Nov 12-Feb 12-May 12-Aug 12-Nov 13-Feb 13-May 13-Aug Real output Audited plan of output Irradiation% +15% 250P Modules PTC Output (w) 230 225 220 215 210 Phono Solar HW R E Re K Q J Y ST Pmax 225.9 225.2 224.6 224.3 224.2 223.7 223.6 222.5 220.6 219.6 Experienced Products Temperature Coefficient The best way to verify solar module reliability is to observe its performance in a power plant. Modules must be able to withstand any external environmental factors and resist all types of natural stress as these both ultimately affect the power plant's performance and investment IRR. Phono Solar can give customers real examples to prove product reliability. In Czech Republic, both Veprek and Smirice power plants use Phono Solar modules. Grid connected since 2010, the power plants have exceeded their expected electricity generation by over 15%. -0.25-0.30-0.35-0.40-0.45-0.50 TCp L S T Y E G J More Output S Phono Solar -0.47-0.45-0.45-0.45-0.43-0.43-0.43-0.40-0.40 "The temperature coefficient of -0.40 percent per K is better than average. It is therefore expected that this module will be one of the higher yielding modules in the long-term test." 06 07

Rigorous Testing Phono Solar owns a world leading PV testing centre, qualified by several international certification authorities. A broad range of equipment is used to conduct qualitycontrol tests, product certifications, material reliability checks, and in-depth research. Up to 35 different tests can be run uninterrupted 24 hours a day, to higher standards than both IEC and UL. A 100% testing ratio for visual inspection, EL testing, pressure testing, mechanical load testing and age testing ensures that Phono Solar modules operate safely and smoothly for at least 25 years, therefore guaranteeing a strong and stable return on investment for investors. Qualified Laboratory Intertek Environmental Reliability Testing We put a selection of PV modules through extreme environmental testing to ensure reliability and superior performance in even the world s most unforgiving conditions. UV Preconditioning Surface Impact Corrosive Atmospheres Hotspot Endurance Insulation (wet and dry) Thermal Cycling Wet Leakage Damp Heat Mechanical Load Highly Accelerated Stress Humidity Freeze Outdoor Exposure Components Testing We carefully test the performance of each component both individually and together in order to maximize electrical output while minimizing the degradation of the module over its lifetime. Bypass Diode Test Materials and Components Testing Quality Checks Throughout Micro-crack Testing NOCT Measurement Electrical Component Testing Flash Testing Leading Manufacturing Phono Solar focuses on the manufacture of solar modules and selects only the highest quality materials and components. This, together with a world leading automated production line enables us to offer a competitive price for our modules. Our experienced engineers are committed to this round-the-clock operation and ensure each module, from soldering to packaging, flows smoothly along this world-class assembly line. Insured Warranty We provide customers with a 25-year warranty and liability insurance from a world-renowned insurance company to ensure your PV investment is secure. 25-year Warranty Public Liability and Products Liability Insurance Manufactures Errors & Omissions Insurance 08 09

CREATIVITY Grow with us, achieve the impossible. Product Line Expansion Phonocube Phonocube is an energy management unit that is suitable for integration in both new and existing photovoltaic systems. It combines the inverter, batteries and the photovoltaic system into one compact system. It presents you not only with an essential product, but with an energy management solution. You will notice nothing different, except the reduction in your electricity bills! Features Up to 100% daily self-consumption* Off-grid using and UPS function Operating mode switches automatically with no time delays Ultra-quiet design High-performance lithium batteries designed for service life of expected 20 years Certified by TÜV Rheinland *Depending on PV Power/Battery ratio We strive to develop products and optimize our business model to meet growing and changing market demands. We are committed to developing highly efficient and affordable new energy products in both technologically and commercially innovative ways, and to offering flexible services to achieve success with our customers. Dual-glass Module 30+ Years lifetime Anti-PID All-weather adaptability Hyperion TM Module Reflectivity <3% Wider spectrum response range Higher performance in low-angle oblique light Research & Development Target Focus Partners Cells and Modules Traditional Poly Cell Hyperion Cell System Efficiency Energy Cost Black Silicon PV System PR Nanjing University of Aeronautics and astronautics 7% 6% 5% Power improvement of Hyperion module(kwh/w) baseline Hyperian Module Storage Systems Southeast University 4% 3% 2% 1% 0% 4:48 AM 7:12 AM 9:36 AM 12:00 PM 2:24 PM 4:48 PM 10 11

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