VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK) has successfully expanded its footprint into the liquified natural gas (LNG)-to-power industry through a partnership with China National Technical Import and Export Corporation(“CNTIC”). On 14 June 2020, the power station in Thaketa Township of Yangon, Myanmar built by the 50-50 joint venture of VPower Group and CNTIC (“CNTIC VPower”) started generating electricity with LNG. This is the first time LNG being used as the fuel source in power generation in

VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK)has entered into a power purchase agreement with Electric Power Generation Enterprise, Ministry of Electricity and Energy of the Government of Myanmar for a power generation project (the “Kyun Chaung Project”) after receiving the confirmation on winning the project tender in October 2019. The power station with an installed capacity of 23.2MW which is located in Kyun Chaung, Pakokku Township, Magway Region, Myanmar commenced commercial operation on 3 June 2020.