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A Trustworthy Partner for Your Solar Energy Business

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01 | Business Overview

02 | Manufacture and R&D

03 | ZNSHINE Worldwide

04 | Social Responsibility

Contents

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Business Overview01

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Manufacturing

experience

30+ years

Production Capacity5GW

Module Manufacturer

(BNEF Q2, 2019)

Tier 1

EPC Commissioned

1 GW +

Module Manufacture

EPC Contractor

IPP and O&M

3 Business Pillars

In a Nutshell

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1988 2019

Accredited

EPC Qualification

in Japan

Founded

20082007 2013 2014 2016 2018

Solar Business

Globalization

BNEF Ranked IPO on NEEQ

TOP1

Module Supplier to India

TOP4

BNEF Bankable Module

5 GWProduction Capacity

Milestones

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31

13 14

22

1820 21

18

0

5

10

15

20

25

30

35

1988 2006 2005

years

1997 2001 1999 1998 2001

Manufacturing Experience

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Top 15

Top 10

20182017

Source: Bloomberg New Energy Finance (BNEF), Global PV Market Outlook, Q3 2018.

Tier 1 Ranking

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2017 2018

Rank No.11

Rank No.4

Module Bankability

Source: Bloomberg New Energy Finance (BNEF), Global PV Market Outlook, Q3 2018.

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Polycrystalline 6” 72 cellsZXP6-72 Series, 304-340 Wp

Polycrystalline 6” 60 cellsZXP6-60 Series, 255-280 Wp

DNVGL Product Qualification Program

Thermal CyclingDamp-HeatHumidity FreezeUV ExposureDynamic Mechanical Load TestPID

PAN FilesNOCTIAMLID

Module Bankability

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Warranty covered by Global Insurance

China RE

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D&B rating indicates the Financial Strength and Credit Ranking of ZNSHINE business as a whole

D&B Rating

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Complete EPC

Project Investment & Financing

Solar Farm Operation & Maintenance

Supply Chain service

Manufacturing Cooperation

Project Development

With 30+ years of manufacturing experience, coupled with extensive scope of Solar Farm project development, ZNSHINE is well positioned to provide its clients with added-value offerings to help succeed in their PV business

Value Addition

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Manufacture and R&D02

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ZNSHINE Headquarters in China

Jintan District, Changzhou, Jiangsu Province

Production capacity: 4.5GW / year by 2019

Production capacity outside China: 200 MW

Poland: 50MW Czech Republic: 40MW

Canada: 40MW India: 70MW

ZNSHINE SOLAR Silan Factory

Production Capacity: 300MW Double Glass modules

5GW Capacity

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Technical Roadmap

430

440

2019H1 2019H2 2020H1 2020H2 2021H1 2021H2

Graphene-coating & Shingle

Graphene-coating & Half-cut PERC

405

Graphene-coating & PERC

450

Graphene-coating & Half-cut bifacial PERC

410

Graphene-coating&144Type Multi-Si

415

Graphene-coating & Bifacial PERC

330W

360W

390W

420W

450W

420 420

385

390

395

400 400

380

385

390

395 395

375375

380

385

390 390

370

345350

355

360365

340340

345

350

355360

335

Graphene-coating & 72 Type Multi-Si

Module Wp

Time

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Double-glass

Graphene-coating

R&D

Technology：

Monocrystalline Mono

Polycrystalline Poly

Half-cut

Bifacial

9 busbar

Shingle

9 BB

ZNSHINE Manufacture is underpinned its in-house Research & Development Capability

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Potential Induced Degradation (PID) is eliminated

This Technology boasts the best-in-breed module configuration

Technology

：

UNIQUE Features：

Lightweight double-glass module technology

Fra

me

Maximum Product Life

Safer Handling

Highest Fire CLASS A

PID Free

Maximum Resistance

against Corrosion

Save module from damages caused by arc, hot spots and fire.

Minimize the risk of micro-cracks during transport and handling

30 years performance warranted

Impervious to Water Resistance to corrosion by elements incl. acid, alkaline, ammonia, etc.

Lightweight Double Glass Panel

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Graphene-coating

‘Self-cleaning’ effect cuts the cost of solar system’s

Operation and Maintenance

Effectively increase heat resistance, hence prolonging module durability and more power generation.

Graphene-coated glass leads to module’s

extraordinary performance under low-light environment.

0.5% more power than standard module

Technology：

Graphene Coating enhances the transmission properties of glass, rendering a hydrophilic

surface to achieve “self-cleaning” effect.

Efficiency

up to

18.87%

Features：

Higher

Output

Better Low-light

Performance

Longer

Product Life

Lower Cost

of O&M

Titanium dioxide-

New glass coating

solution

Graphene Coating

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Performance Test: Graphene-coated Module

Comparison of Power Generation between Graphene-coated Panels and Standard Panels

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Minimize the risk hot spots caused by internal micro-crack, leading to lower attenuation and better performance

Minimize potential cell fragmentation caused by thermal stress.

Minimize power loss caused by shading, micro-cracks, hot spots.

Over 7W more power thanks to shorter conduction distance and lowered series resistance

Excellent output in twilight

Technology：The Maximum busbars available on solar cells

Efficiency

up to

19.17%

Features：

Best Low-light Performance

HigherEfficiency

MinimizePower Loss

Enhanced Reliability

Higher Performance

12BB Cell

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List

Panels

Inverter

Distribution box

Circuit Breaker

Ammeter

Surge Protection

Solar DC Cable

Ac Cable

Mounting System

Solar Kits

Standard KitsSize：3KW，5KW，8KW，10KWPanel：Poly Panel，Mono Panel，Double-Glass

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Certifications

Global Certifications by Reputable Independent Laboratories

All Modules are certified in conformity with IEC Standards latest edition (61215, 61730, 62804 and 62701)

Quality Assurance System Certifications to ISO 14001, ISO 9001, and OHSAS 18001

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ZNSHINE Worldwide03

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In 2016, ZNSHINE Group has over 1.3GW of projects in pipeline in Japan and 1.3GW in China. It has earned the trust of local and national governments as a certified and acknowledged EPC in both countries.

ZNSHINE Japan

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Hamada Project phase IInstalled capacity: 11MWCOD: October 20th, 2015

ZNSHINE Japan

Hamada Project phase IIInstalled capacity: 23MWCOD: April 26th, 2017

Chinese equipment used in Phase II significantly increases to 90% as compared to 40% in Phase I, resulting +15% more yield while cost reduced -25%

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Okayama Miyakojima

kagoshimaFukuoka

日本鹿儿岛

ZNSHINE Japan

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ZNSHINE Solar is the biggest solar module supplier for India in 2018.

1GW panels were shipped to India in 2018.

ZNSHINE India

Source:Mercom lndia Market Share LeaderBoard

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Pokaran Project Installed capacity:225 MWCOD: April 26th, 2018

ZNSHINE India

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Trivandrum Project Installed capacity: 300 MWCOD: September 17th, 2018

ZNSHINE India

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ZNSHINE cooperates with local public listed company, Indorama, JASA TIARA.

The total capacity scheduled is up to 10MW.

The project has been completed and connected to the grid in July 2015.

The 1st Floating Power Plant

ZNSHINE lndonesia

1GW Pipeline in Indonesia

Qualified Applicant for IPP renewable energy short-list (DPT) and eligible for futher procurement process

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Nov.8th ,2017，ZNSHINE as the only solar company signed the MOU of 300MW solar project with the president of Mato Grosso Brazil.

ZNSHINE Brazil

300MW Mining Solar Plant Solution

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ZNSHINE Brazil

Minas Gerais, Brazil

Commissioned June 2018

Installed capacity: 2MW

Module: ZXN6-60 polycrystalline

São Paulo, Brazil

Commissioned January 2018

Installed capacity: 15kw

Module: ZXP6-60 polycrystalline

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ZNSHINE Chile

Teno, VII Region, Chile

Commissioned June 2019

Installed capacity: 1.6MW

Module: ZXM-LD72-370W

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•Polos, England Solar Park

•Installation Capacity：8MW

•St. Columb Solar Park, UK, Europe

•Commissioned March 2014

•Installed capacity: 7 MW

•Investor: Low Carbon (Macquarie)

•Module type: ZXP6-60 polycrystalline

•.

•Monroe County, New York, USA

•Commissioned October 2014

•Capacity: 85 kWp

•Construction: Entecco

•Module type: ZXP6-60

•polycrystalline

•.

•Sandelin Ham,

• British Royal Rooftop 12KW

•Brück, Germany, Europe

•Commissioned July 2014

•Installed capacity: 4,2 MW

•Investor: Naturstrom (GLS bank)

•Module type: ZXP6-60 polycrystalline

•Rudbaxton Solar Park, UK, Europe

•March 2014, grid-connected

•Capacity: 10.8 MW

•Investor: Low Carbon

•Module type: ZXP6-60 polycrystalline

•.

ZNSHINE Europe & USA

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Pakistan KPK

Pakistan Peshawar

ZNSHINE Australia

Melbourne Australia

Commissioned July 2017

Installed capacity: 15kw

Module type: 12BBZXP6-60 275Wpolycrystalline

Brisbane AustraliaCommissioned August 2018Installed capacity: 8kwModule type: ZXP6-60 12BB 280W polycrystalline

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The project is underway.....

Pakistan Peshawar

ZNSHINE Thailand

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Shanxi Province, Yulin ,PRCCapacity:300MW May 2018

Jiangsu Province, Dongtai, PRCCapacity: 5.9 MW Dec 2014

Inner Mongolia ,Wulatezhongqi ,PRCCapacity:50MW May 2017

ZNSHINE China

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Social Responsibility04

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Every year ZNSHINE sponsors daily supplies and school stationery for students in Aba Country, Sichuan Province, China.

Donated ZNSHINE solar systems brings light to off-grid area in Sichuan China in 2017.

Community Contribution

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Zhèng Xìn

Fair Dinkum Creditworthy

= Z(E)NSHINE

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Thank You！

Contact: Collin WANGEmail : collin.wang@znshinesolar.comPhone : 0434 061 619Web : www.znshinesolar.com