On April 25 2023,China Global Advisory launched the ChinaGlobalAdvisory’s Global Clearing Planform for Green Projects bringing the three key pillars together: Projects, Companies and Finan ce.This platform willbring leading companies from China and around the world in implementing projects of renewable energy，together with green finance   from   Luxembourg’s green   finance   platform   and   Switzerland’s   sustainable finance platform.

On July 122023, China Global Advisory(CGA)上海恒名俊商务咨询管理有限公司signed a   Memorandumof   Understanding   with   North   Sulawesi   Province   of   Indonesia   in Beijing,China, to promote investments in NorthSulawesi.

Both the Province of North Sulawesi and   China   Global Advisory agree to promote global investments into North Sulawesi in these areas:

1.   Green Economy projects to support the development of key economic are as such as Bitung Special Zone(SEZ) and Likupand Tourism Area   (to create as econd Balitourismcenter).   Green projects will include but not limited to:

   a.     GreenHydrogen

   b.    ElectricGrid

   c.     Solar

   d.    Wind

   e.    MarineEnergy

2.   Carbon   Creditprojectsto   support   Indonesia’s   sustainability   strategy and also bring revenue to the province of North Sulawesi. Withan area of 13,851.64km². North Sulawesi has huge potential for generating carbon credits.

3. Fisheries to boost North Sulawesi’s seafood industry ecosystem, including fishery, shrimp farms,and canning.

4.   Gold Mines development： North Sulawesi has proven to have major gold deposits as part of her natural resources. The Ratatotok district in the Minahasa Regency of North Sulawesi, Indonesia is an area of significant gold mineralization.

China   Global   Advisory   will   finance these   projects   as   well   as   bring   in partnering companies that have theexperience and technology to develop these projects.

Mr.   Lam   Yau   Sun,   Chairman   of   China   Global   Advisory,   signed   a   Memorandum   of Understanding with Honorable Steve Kepel, Regional Secretary of North Sulawesi. Witnessing the signing ceremony are Honorable DjauhariOratmangun, Ambassador of   Indonesia   to   China,   Madame   Liu   Chun,   Vice   President   of   China Chamber of Commerce for Machinery and Electronics   (CCCME). Distinguished guests in Beijing and Indonesia also attended,including Mr. Franky Manumpil, Chief of Staff of North Sulawesi   Province,   Ms.   Syaloom   Korompis,   Director   of North   Sulawesi Investment Bureau,Mrs.   Wiwik   Oratmangun,   Mr.   Irwansyah   Mukhlis,   Minister   Counselor   of Embassy of Indonesia, Ms.SylviaYang, Second Secretary of Embassy of Indonesia , Mrs Ellen Lam of China Global Advisory,and Ms.Deng Ruifeng of CCCME.

Honorable Djauhari   Oratmangun,   Ambassador   of   Indonesia   congratulated   North Sulawesi   and   China   Global   Advisory’s   important   partnership   and   lending   his   full support to China Global Advisory’s investments into NorthSulawesi.

Honorable   Steve   Kepel,   Regional   Secretary   of   North   Sulawesi   emphasized   the importance of China Global Advisory’s support to the developmentof NorthSulawesi. The areas covered in the MOU are very strategic for NorthSulawesi and also are strong support for Indonesia’s commitment to the global sustainability initiatives.

Mr. Lam YauSun,   Chairman of China Global Advisory:“On April 25 2023,China Global Advisory launched the CGA Global Exchange for Green Economy projects to bring the 3   pillars   that   are   needed   for   any   green   project   in   the   world,   including   Projects,

Companies and Finance. Today, with our partnership with NorthSulawesi,we have identified very meaningful and strategic green projects thatwill support the quality of life for the citizens of NorthSulawesi, value add to the economy of the province and also support Indonesia’s commitment to the global sustainable initiatives. With the support of CCME, we have access to thou sands of Chinese companies with leading technologies in the area of renewable energy. Many of the mare the global leaders in the field of Solar, Wind, Hydro as well as production of Green Hydrogen. We will also work with companies around the world to support our projects in NorthSulawesi. Our partnership with the Luxembourg LPEA(representing over 325 leading green private equity funds) and the Luxembourg Green Exchange, will supplement ournetwork of green financing. Within this room today arethe three   Pillars   of our   China   Global Advisory’s global exchange: Projects, Companies and Financing.”

Madame Liu Chun,Vice President of China Chamber of Commerce for Machinery&Electronics(CCCME)“We have a very good cooperative relationship with Chairman Lam of China Global Advisory for a long time.The areas covered in the signed MOU today are very good and practical, so many of the projects involved in the MOU are highly relevant to our member companies. As the Ambassador mentioned, today's signing of the memorandum is a new startingpoint.Next, we will work with Chairman Lam to recommend more Chinese companies to work with China Global Advisory to implement these projects in NorthSulawesi”.   CCCME is the largest trade association in China and represents over   17,000 Chinese State Owned Companies with over   1 trillion USD turnover in 2022.

Forfurtherinformation,pleasecontactExecutive.Offices@ChinaGlobalCapital.com