BeyondsunCompany Presentation

2BEYONDSUNGREEN ENERGY

ZHENBEI

GROUP

1 3PROJECT

REFERENCE

ZHENBEI

GROUP

5 Billion RMB+

Annual sales revenue

1986Established in 1986

7,000+ Global employees

CASHMERE REAL ESTATEASSETS

MANAGEMENT

ZHENBEI GROUPA MULTI-INDUSTRY COMPLEX

8 Billion RMB+

Total assets

80+Covering 80+ countries

RENEWABLES

Picture: Zhenbei Group

ZHENBEI

Top BrandChina 2nd largest

cashmere manufacturer

750+Retail Shops worldwide

1986Established in 1986

5000+ Global employees

NationalNational high-tech

enterprise

1.5 Billion RMB+

Annual sales revenue

Fully Vertical Integrated Cashmere Manufacturer

Picture: Zhenbei Cashmere

ZHENBEI REAL ESTATE

10 Billion RMB+

Cumulative sales revenue

1,200,000+ SQ.MOver 1,200,000 SQ.M real estate

developed cumulatively

Since 2007 Founded in 2007

Picture: Zhenbei Hanlin Shijia

Focus on High-end Villas & Apartments

HOLDINGSA Renewable Energy Complex

Residential Solar SystemZhejiang Beyondsun Solar Energy Science and Technology Co., Ltd

Solar ModuleZhejiang Beyondsun Green Energy Technology Co., Ltd.

Solar & Wind Power ProjectZhejiang Beyondsun New EnergyDevelopment Co., Ltd

Solar CellZhejiang Beyondsun PV Co., Ltd.

Aluminum FrameZhejiang Beyondsun Aluminum Science and Technology Co., Ltd

We are committed to

contributing the world with

our green energy solutions

and continuously driving

renewable energy forward to

help build a better future.

NEVER

STOP

EXCEEDING

Electricity SalesZhejiang Beyondsun Power TechnologyCo., Ltd

Picture: Beyondsun Manufacturing Plant

120,000 SQ.M+

Cumulative shop area

developed

400,000 SQ.M+

Cumulative industrial estate

developed

2014 Founded in 2014

3 Billion RMB+

Total asset management

8,000 SQ.M+

Cumulative hotel

developed

Assets Cover Industrial Real Estate, Commercial Real Estate, Hotels & Catering

Picture: E-commerce Industrial Park

BEYONDSUNGREEN ENERGY

BEYONDSUN GREEN ENERGYA LEADING SOLAR PRODUCTS PROVIDER

2008Establishment

137 MILLION RMBRegistered Capital

60Patents Applied

8Global Branches

8 GW+Cumulative PV Module Shipment

30+Global Market Footprints

As a remarkable module manufacturer, Beyondsun Green Energy

dedicates to providing high-quality solar products with excellent

performance since its establishment in 2008. With the fully support by

Beyondsun Holdings, the parent company, Beyondsun Green Energy

continuously expands the global market, and never stops innovating. As

always, Beyondsun Green Energy will keep delivering diversified PV

products for all our global partners.

2008• Trunsun Solar

founded

2009• TUV Certificate acquired

• Beyondsun PV established

2010• 1st solar power plant in Belgium

2011• Shanghai sales & marketing center opens

• Netherland logistic center opens

• Germany sales center opens

• UL, ETL & Golden Sun certificate acquired

2012• Fully Automatic Assemble Line Started;

• Trunsun Investment Holdings EOOD Established in Bulgaria;

• Beyondsun International Limited Established in Hongkong;

2013• SoalrIF Certificate Acquired

• Beyondsun New Energy Established

2014• First Commercial Rooftop Solar

Project in Zhejiang Province;

2015• 60MW Solar Projects in China;

2016• Module capacity ramp up to 600 MW

• 200MW Ground Project in China;

• Project Pipeline up to 600MW;

2017• Beyondsun Aluminum founded

• Project Pipeline in China up to 1GW;

2018• Tier 1 by BloombergENF

• Vietnam factory founded

• Module capacity ramp up to 1.2 GW

2019• Module capacity ramp up to 1.6 GW

• KS Certificate Acquired

• Beyondsun Power founded

AMAZING DECADES

2020• Renamed as Beyondsun Green Energy

• Launched 450W+ High-efficiency PV Products

2021• Module capacity ramp up to 4.6 GW

• Complete 300 MW wind power project

2 GW

4.6 GW

Solar Cell

Solar Module

Multi-GW Manufacturing Plant:

No.800, Zhenbei Road, Zhili, Wuxing District, Huzhou, Zhejiang, P.R. China

*capacity expected be realized by Q2 2021

CAPACITY EXPANSION

2000

4600

2016 2017 2018 2019 2020 2021E

Beyondsun cell & module

capacity 2016-2021E

Cell Module

JPKR

CN

AU

NZ

IN

US

MX

BR

CL

TNMA

NG

EG

EU

SD

CM

JO

HQ & Manufacturing CenterHuzhou, Zhejiang, CHINA

India OfficeMumbai, India

Europe OfficeValencia, Spain

Sales & Marketing CenterShanghai, CHINA

⚫ Headquarter

⚫ Branches

⚫ ManufacturingCenter

⚫ Warehouse

⚫ Business Footprints

Europe WarehouseRotterdam, Netherland

Japan OfficeTokyo, Japan

Japan Warehouse

Australia OfficeSydney, Australia

Australia Warehouse

IT

DETR

YE

FI

PK

GLOBAL PRESENCE

Brazil OfficeSao Paulo, Brazil

Mexico OfficeMexico City, Mexico

TECHNOLOGY ROADMAP

Q4, 2020 Q1,2021 Q2 Q3 Q4 Q1,2022 Q2 Q3 Q4

182 mono 22.6% 22.8% 22.8% 22.9% 23.0% 23.0%

166 mono 22.5% 22.6% 22.6% 22.7% 22.7% 22.8%

158.75 mono 22.3% 22.3% 22.4% 22.4% 22.4%

22.6%

23.0%

22.5%

22.8%

22.4%

0.22

0.222

0.224

0.226

0.228

0.23

0.232

Cell Technology Roadmap 2020 Q4-2022 Q4

TECHNOLOGY ROADMAP

450 450 455 455 460

370 370 375 375 380 380

335 340 340 345 345 345

2021-Q1 Q2 Q3 Q4 2022-Q1 Q2

Monofacial roadmap (120 cells)

mono 120

(182)

mono 120

(166)

mono 120

(158.75)

540 545 545 550 550

445 450 450 455 455 460

410 410 415 415

2021-Q1 Q2 Q3 Q4 2022-Q1 Q2

Monofacial roadmap (144 cells)

mono 144

(182)

mono 144

(166)

mono 144

(158.75)

540 545 550 550

440 445 445 450 450 455

2021-Q1 Q2 Q3 Q4 2022-Q1 Q2

Bifacial roadmap (144 cells)

bifacial 144

(182)

bifacial 144

(166)

PERC TechnologyExcellent low light performance

166’ Half-cellReduce Rs loss and lower hot spot

temperature

TSHM-120HW 360W-375W TSHM-144HW 440W-450W

Anti-UVBack sheet with Fluoride on both

sides, resistant to UV radiation

MBB DesignBetter current collection ability

PRODUCT PORTFOLIO - Series

Max. Output

Max. Efficiency

Monofacial

PERC+ TechnologyEnhanced performance with low

PID risk

Lower LCOEMore energy yield with BoS saving

182 Cell LayoutIndustrial leading high power output

TSHM-144HV 530W-550W

MBB DesignBetter current collection

performance Max. Output

Max. Efficiency

PRODUCT PORTFOLIO - Series Monofacial

PERC TechnologyExcellent low light performance

TSBHM-120HWG 360W-375W TSBHM-144HWG 440W-450W

166’ Half-cellReduce Rs loss and lower hot spot

temperature

MBB DesignBetter current collection ability

Bifacial CellAdditional 5%-25% more yield from

rear side

PRODUCT PORTFOLIO - Series

Max. Output

Max. Efficiency

* Assume front 450W, rear side 110W

Bifacial

PERC+ TechnologyEnhanced performance with low

PID risk

182 Cell LayoutIndustrial leading high power output

TSBHM-144HVG 530W-550W

Lower LCOEMore energy yield with BoS saving

Bifacial CellAdditional 5%-25% more yield from

rear side

Max. Output

Max. Efficiency

* Assume front 550W, rear side 130W

PRODUCT PORTFOLIO - Series Bifacial

Type Cell Output range Dimension Launch time

DuDrive

TSHM-120HW

TSHM-144HWmono facial

360W-375W

440W-450W

1755x1038x35mm

2094x1038x35mmQ4, 2020

BiDrive

TSBHM-120HWG

TSBHM-144HWGbifacial

360W-375W

440W-450W

1792x1048x30mm

2132x1048x30mmQ1, 2021

DuDrive Max

TSHM-144HV mono facial530W-550W 2256x1133x35mm Q2, 2021

BiDrive Max

TSBHM-144HVG bifacial530W-550W 2256x1133x35mm Q3, 2021

PRODUCTS LINE-UP

Go-to-market Time Schedule

Material Filtration

and Sorting

Spot Check Every

Batch of

Feedstock Supplier Quality

Engineering

150+ Quality

Check Points100% 2 Times

EL Tests

In-process

Quality Control

Monthly Quality

Monitoring Test

Quarterly Quality

Monitoring Test

Long term

reliability test

SHIPMENT, CUSTOMER

SATISFACTION SURVEY

PRODUCTION

CONTROLSUPPLIER

MANAGEMENT POST PRODUCTION

QUALITY

Strict Quality Control System

MATERIAL CONTROL PRODUCTION CONTROL POST PRODUCTION

The MES system can trace all the information of each product from raw material, production parameters, flash report, EL test data,etc.

CUSTOMER SATISFACTION MONITORING

QUALITY

IPQC (Input Process Quality Control)

Materials Preparation

Auto Soldering

Lay Out

Lamination

Framing

Test

T&H Verification

Materials Verification

Insulation layer spec check

EVA size and storage control

MES Information Input

T&H Verification

Materials Verification

Process Parameter Verification

Adhesion Test

Visual Inspection

MES Information Input

T&H Verification

Spec Verification

Soldering Temperature Control

Soldering Quality Check

EVA & Back Sheet Storage Control

MES Information Input

EL 100% Inspection

Temperature Control

Vacuum Check

Process Parameter

Cross-link Test

Adhesion Test

Visual Inspection

MES Information Input

Materials Verification

Silicone Sealing

Module Size Check Junction

Box Soldering Check

Curing T&H Control

Hi-pot Test

Insulation Test

Grounding Continuity Test

T&H Control

EL 100% Test

Qualified

Beyondsun

PV Modules

Quality

Management System

Establishing a complete quality system is essential for industry-

leading companies. Beyondsun Green Energy has successfully passed

three system certifications, including ISO9001 Quality Management

System, ISO14001 Environment Management System and OHSAS18001

Occupational Health and Safety Management System.

Environment

Management System

Occupational Health and

Safety Management System

QUALITY

Complete Quality Management System

QUALITY

Reliability and Warranty

by independent reinsurance

12-YEAR 25-YEAR

Poly modules:

First year, power output no lessthan 97.5%, from year 2-25,annual power output decline nomore than 0.7%, by end of year 25,power output no less than 80.7%.

Mono modules:

First year, power output no lessthan 98%, from year 2-25, annualpower output decline no morethan 0.55%, by end of year 25,power output no less than 84.8%.

Dual-glass

30-YEAR

Dual-glass Mono modules:

First year, power output no less than98%, from year 2-30, annual poweroutput decline no more than 0.45%,by end of year 30, power output noless than 84.95%.

D&B Rating

4A-

Financial Strength

(Tangible Net worth

85,000,000-449,000,000)

EMMA Score

4

Relative Risk

Below Average Risk

PAYDEX of This Business

85

Late Payment Risk

Payment Avg.

Sooner than terms

(Source: Financial Report By D&B, 2020.11 D-U-N-S®NUMBER:42-037-7494

BANKABILITY

Solid Financial Strength

GLOBAL PARTNERS

Proved Tracking Records

FINANCIAL PARTNERS

Proved Tracking Records

PROJECT

REFERENCE

80 MWSolar Fishery

Investment + EPC

Huzhou, China

20 MWGround-Mounted

Investment + EPC

Huzhou, China

1.8 MWC&I Roof-top

Investment + EPC

Huzhou, China

5.1 MWC&I Roof-top

Investment + EPC

Huzhou, China

2.08 MWC&I Roof-top

Investment + EPC

Huzhou, China

4.5 MWC&I Roof-top

Investment + EPC

Huzhou, China

500 kWC&I Roof-top

Investment + EPC

Wuxi, China

290 kWRoof-top

EPC

Huzhou Culture Center

Huzhou, China

15.5 MWGround-Mounted

Chiba-ken, Japan

15 MWGround-Mounted

Valladolid, Spain

1.6 MWGround-Mounted

Zamora, Spain

1.6 MWC&I Roof-top

Burgos, Spain

4.4 MWC&I Roof-top

Bogács, Hungary

60 MWGround-Mounted

Talaricheruvu, India

28 MWGround-Mounted

Madhya Pradesh, India

All rights reserved © 2020 Beyondsun