The Project Companies operate the solar power assets and their associated energy management contracts. "This framework agreement marks another concrete step in PN Smart Energy's strategic transformation into an independent power producer," said Weiqi Huang, Chief Executive Officer of PN Smart. About PN Smart Energy LimitedPN Smart Energy Limited is an emerging independent power producer and clean energy infrastructure company. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release.