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Measures Introduced by the Government's Energy Saving Plan Within the 12th Five-Year Plan Stimulate Local Demand for Energy Conservation Solutions

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Mr. Zhao Xiao Bo, Executive Director and Chief Executive Officer of Technovator, said, "Building energy-saving management is a rapidly emerging industry in China. The Chinese Government is strongly promoting building energy-saving management services during the 12th Five-Year Plan period. It also plans to include energy saving and emission reduction in performance evaluations of local governments, which reflects the Government's strong determination and support to go green. This stress on energy reduction presents enormous development opportunities to the building energy conservation industry. We hope that we can build on the success in Chongqing and further promote building energy-saving management in China, while bringing the development of Technovator to a new level."

About Technovator International Limited

Established in 2005, Technovator International Limited is a leading provider of building energy management systems and solutions services, with a scalable vertically-integrated global business model. Supported by a worldwide sales network, the Company operates with a global footprint in five countries around the world including China, Canada, France, Singapore and the US, and ranked the largest domestic player in the China market. Technovator offers comprehensive energy-saving solutions for building environments around the world under two well-recognized brands: "Techcon" in China and "Distech Controls" in overseas markets, and has won many domestic and international awards and accreditations. Technovator has been included within the Forbes list twice, the only company in the intelligent building management industry to be thus selected.

The Company's largest shareholder is the Shanghai-listed Tongfang Co., Ltd. which was established under the umbrella of the world renowned Tsinghua University(SSE: 600100). As a result, Technovator enjoys the solid support of the research and talent platform of Tongfang Co. Ltd. and Tsinghua University. With its listing on the Main Board of the Stock Exchange of Hong Kong in October 2011, Technovator, is the first company from Tsinghua University to be listed overseas, and also represents the first spin-off listing of an international tech company on an overseas stock exchange from a mainland China A-share listed company.

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Contact
Strategic Financial Relations
(China)Limited
Ms. Anita Cheung
Tel: 9100 9002
email: Email Contact

Ms. Esther Lau
Tel: 9196 0033
email: Email Contact

Mr. Justin Chen
Tel: 6622 6300
email: Email Contact

Ms. Yannis Yip
Tel: 9447 4749
email: Email Contact

Mr. Jason Liang
Tel: 9469 6530
email: Email Contact





Source: Marketwire


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