Northern New Energy Signs Cooperation Framework Agreement with Leading French Engineering Consultancy Tractebel and Jinre Group

Both parties that the Group signed agreement with are resourceful. With more than 150 years of experience, Tractebel is one of the world's largest engineering and consultancy companies. It provides first-class engineering and consultancy services in energy, water and infrastructure. Tractebel has its expertise extended across Europe, Africa, Asia, Middle East and Latin America. Meanwhile, as the key heat-supply enterprise in Tianjin, Jinre Group is a specialized and well-established heat-supply group, which integrated its operation as the provision of heat-supply engineering construction, centralized heat-supply management, new technology research and development as well as material supply.

At the end of last year, the PRC government announced the "2017-2021 Winter Clean Heating Plan in Northern China", which promises enormous business opportunities to the new energy sector and benefits to the all-round development of the Group. In the long run, the Group will strive to develop its diverse integrated new energy services, expand its new energy business to cover nearby areas in the north and continue to explore opportunities of multi-lateral cooperation, so as to generate greater shareholder value.

Northern New Energy Holdings LimitedNorthern New Energy Holdings Limited formerly known as Noble House (China) Holdings Limited, is a company listed on the GEM Board of the Hong Kong Stock Exchange since 2011 (stock code: 8246). In 2015, the Group began to develop new energy operations and R&D of related technologies, plus construction engineering business. The Group also operates restaurants, provides management services, and sells processed food and seafood. Also in 2015, the Group further diversified its business to cover also property investment.

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