Sound Global Ltd. announced that, in June 2015, Sound Global entered into a contract with respect to the Water Supply Project in Zhaodong Economic Development Zone, Heilongjiang Province, the People's Republic of China. In July 2015, Sound Global officially won the bids for the Project of Rural Township Sewage Treatment Plant in Tongqing Town, Huazhou City, Guangdong Province and the Project of Operation and Maintenance of the Rural Township Sewage Treatment Plants in Lianshui County, Huai'an City, Jiangsu Province; and entered into a contract with respect to the Turnkey Project of Reconstruction and Expansion works of the First Sewage Treatment Plant in Zhouzhi County, Xi'an City, Shaanxi Province, the People's Republic of China. Heilongjiang Zhaodong Project is invested, constructed, operated and transferred by Sound Global.

It includes the construction of water supply facilities, water pipelines and water distribution pipelines in Zhaodong Economic Development Zone. The total water supply capacity of Phase I of the project is 50,000 tonnes per day. The water quality shall comply with the Standards for Drinking Water Quality (GB5749-2006).

The total investment of the project is approximately RMB B289 million with a concession term of 30 years. Heilongjiang Zhaodong Project is the first large and medium water supply project of Sound Global in Heilongjiang Province. Huazhou Tongqing Project is invested, constructed, operated and transferred by Sound Global.

The total sewage treatment capacity of the project is 4,000 tonnes per day. The quality of water discharged is designed to meet Class IB standard as set out in the national standard for the Discharge Standards on Pollutants from Urban Sewage Treatment Plants (GB18918-2002) and the stricter standard in the Class I standards for the second time phase specified in Discharge Limits of Water Pollutants (DB44/26-2001) of local standard in Guangdong Province. The total investment of the project is approximately RMB 18.07 million with a concession term of 30 years.

Huai'an Lianshui Project involves the treatment of domestic sewage of 13 rural townships in aggregate in Lianshui County. The total sewage treatment capacity of the project is 7,400 tonnes per day. The quality of water discharged is designed to meet Class IB standard as set out in the national standard for the Discharge Standards on Pollutants from Urban Sewage Treatment Plants (GB18918-2002).

The concession term is 5 years. The scope of Xi'an Zhouzhi Project involves the construction of new sewage treatment facilities with the treatment capacity of 15,000 tonnes per day (including design of working drawings, construction of civil works and technical tests); and the improvement and renovation on the existing sewage treatment plant with original treatment capacity of 11,000 tonnes per day. Upon project completion, the total sewage treatment capacity of the upgraded sewage treatment plant will be 26,000 tonnes per day.

The total contract value of Xi'an Zhouzhi Project is approximately RMB 44 million.