Dear staff in Indonesia, India and Japan,

We will soon welcome the Spring Festival of the Year of Monkey, one of the important traditional Chinese festivals. At the threshold of the Monkey Year implying good fortune and wellbeing, I will extend the cordial regards on behalf of Golden Concord Holdings Limited and all the shareholders!

People always miss their families more on festive occasions. Particularly, in the Chinese New Year, I miss you, our staff in the foreign countries far away from us in China: I am concerned about your work, your health, your safety and your wellbeing. In 2015, it was you who left your hometown, traveling a lot to the untraversed place just for the responsibility on your shoulders. It was you who went through hardships, working hard and devoting yourselves without regret to eventually expand the business scope of GCL overseas. In terms of our achievements in the electric power, we won the bidding of Indonesia 2×125 MW electric power project, marking the big progress of internationalization of the group in the electric power business as the first step of GCL on the path of “One Belt, One Road”. In terms of integration and new energy, we carried out extensive market survey and careful project assessment in India, creating conditions for the signing of the MOU between GCL, EIL and Andhra Pradesh government of India and the running of the projects of “Port Power Grid Plant” inIndia. In terms of the new energy, we successfully established three photovoltaic projects in Japan: No. 2 photovoltaic plant in Yubuki, Fukushima, BAPV plant in Sakura, Chiba-ken, and BAPV plant in Namamugi, Kanagawa. Every step of the accomplishments resulted from your wisdom and efforts. As you are becoming more and more experienced in the extension of the overseas market, you also make greater and greater achievements even on the ordinary posts. GCL people will never forget what you have done. In fact, every progress you made represents the spirit of the Chinese people and China GCL. Now, allow me to pay tribute to you for your extraordinary contributions in the remote area and for your sacrifice for the collective interests on behalf of all the GCL people. Thank you for your selfless dedications!

The Bingshen Year of Monkey in the Chinese lunar calendar is coming. Monkey implies rich in the Chinese culture. Sun Wukong, the Monkey King is not only a symbol of wisdom and cleverness but also a virtue—never afraid of any difficulties to go for the goal. 2016 is the first year of the “13th Five-Year Plan” of China. When we are celebrating the Spring Festival here in China, you still have to be on duty in the foreign countries. I wish that the principals of our oil and gas project in Africa can comprehensively implement every step of the deployment proposed in the annual operation conference of the group to adapt to the “New Normal” of the economic growth by summarizing our previous experiences with the spirit of “the golden Monkey King who is waving his stick to clear all the dirties in the world”. Let’s set aside fears and stride to the New Year. During the festival, please pay attention to the security in production and operation to ensure the personal and property safety. Besides, we should take good care of the staff and their relatives who will be there spending the festival, to make them feel the warmth as if they were at home. Remember to take my regards to them on the New Year Eve!

Indonesia is the country inhabited by the largest number of the overseas Chinese who still observe the habits and cultural traditions with strong Chinese features. The first day of the year is also the public holiday in Indonesia. India, one of our near neighbors, shares a more and more extensive cooperative scope with China. Japan, originated from the same language and same race with Chin, still preserves the custom of the Chinese people in some regions—celebrating the New Year in the first day of the Chinese lunar calendar year. I therefore sincerely wish that you can seek common grounds while preserving differences, overcoming the cultural shocks to be integrated into the life of the local people. Besides, you should try to create the festive atmosphere with Chinese flavors, making the Spring Festival a day of the communication of cultures with GCL trademark. We miss you, as much as your families in China. Please remember to make a New Year call to your family with the modern communication tools and please also forward my most sincere regards to them.

Wish you all health and good luck in the Year of Monkey!

Chairman of Golden Concord Holdings Limited

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