HONG KONG, CHINA - MediaOutReach - 24 September 2020 - Committed to fosteringsustainable development and making Hong Kong a more liveable city, Chinachem Group (the Group) hasintroduced Enertainer, a battery storage system, to improve the environment ofits construction sites and surrounding areas. The Group is the first realestate developer in Hong Kong to make use of the Enertainer system whichreplaces traditional diesel generators, thereby enabling developers to promotethe use of clean energy on construction sites and fully implement the conceptof green building.

DonaldChoi, Executive Director and Group CEO of Chinachem Group (Left) and BrandonNg, CEO of Ampd Energy. (Right)

ChinachemGroup first to introduce "Enertainer" to promote clean energy use onconstruction sites.

Enertainer is the first purpose-built construction energy storagesystem in the world. It has been developed by Ampd Energy, an incubatee of HongKong Science and Technology Parks Corporation (HKSTP). Compared with dieselgenerators, Enertainer is smaller in size, nearly silent, will not emit dark smokefrom burning diesel, and can reduce carbon emissions by up to 85% or up to 200tonnes per year. It can effectively lessen the air pollution -- the equivalent toremoving 200 to 400 passenger cars from theroad, noise and fire risk caused by diesel generators on construction sites.

Donald Choi, Executive Director and Group CEO of Chinachem Groupsaid, "Chinachem Group attaches great importance to ​​sustainabledevelopment and is dedicated to incorporating the concept of sustainable developmentinto its core businesses, creating positive value for people, the community andthe environment as it shapes the city. As the first real estate developer inHong Kong to introduce Enertainer, we hope to promote clean energy and the sustainabledevelopment of Hong Kong, while also supporting start-ups in their innovationand technology development. Enertainer has been applied first on the AndersonRoad project site and will be extended to our other development projects."

Brandon Ng, CEO of Ampd Energy said, "When we learnt ofChinachem's Triple Bottom Line of people, prosperity and profit, we knew we hada natural partner. Ampd is driven entirely by our vision of an emission freefuture for construction and to do this at scale, we know we need to makeproducts that are better in every way and that deliver tangible results for ourcustomers. We are very excited to be working with Chinachem, as the firstdeveloper in Hong Kong to adopt this technology and look forward to continuecontributing toward Chinachem's Triple Bottom Line on future projects."

Chinachem Group

Chinachem Group is a leading propertydeveloper based in Hong Kong, with a real estate pedigree dating back to the1960s. Today, we develop residential, commercial, retail and industrial properties,and own and manage hotels.

We uphold integrity, accountability,teamwork, innovation, harmony and win-win as the values that drive ouroperations and benefit our stakeholders, ultimately bringing positive change toour communities.

We are forward thinking in embracingnew ways to work, through organisational change and digital transformation, aswe forge ahead into our next century of success.

Ampd Energy

Ampd Energy is driven by the vision of an emission-freefuture for construction. Ampd's Enertainer is the first purpose-builtconstruction energy storage system in the world, and is the first in a line oftechnologies that will deliver on our vision. Currently being deployed across anumber of high-profile projects in Hong Kong, the Enertainer enables thecomplete electrification of urban development and is dramatically cleaner,quieter, safer and more efficient than traditional generators.