VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK), a leading DPG station owner and operator in Asia, is pleased to announce that the Group and China National Technical Import & Export Corporation (“CNTIC”) have set up a joint venture company with nominal equity capacity, held as to 50% by each party, for the investment in, development and operation of three power projects in Myanmar with an aggregate contract capacity of 900MW.