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Chairman of SinoMa EC Met with CEO of HelioFocus and Partners of Sea Cliff Capital

On April 1, 2014, Mr. Zhang Qi, Chairman of SinoMa Energy Conservation Ltd. (“SinoMa-EC”), met at its Tianjin headquarter with Mr. Oren Gadot, visiting CEO of HelioFocus, an Israeli high-tech company, Mr. Robert Strawbridge and Mr. James Zhang, Managing Partners of Sea Cliff Capital International. The parties exchanged views on the matters regarding future cooperation.

 SinoMa EC is a public company listed on the Shanghai Stock Exchange. It specializes in the energy saving and industrial waste heat recovery sectors. SinoMa EC is the core member company of China National Materials Group Corporation (“SinoMa”). SinoMa is a SOE directly under the administration of the State-owned Assets Supervision and Administration Commission. SinoMa is the only enterprise that possesses a series of core technologies and complete innovation systems in the non-metal material industry in China. SinoMa has been listed among China’s Top 500 enterprises for many years.

 Founded in Israel in 2007, HelioFocus is one of the leading concentrated solar power (CSP) integrated solutions providers in the world. HelioFocus is an affiliated company of Israel Corporation, the largest holding group in Israel with business in chemical, energy, automotive, shipping and semiconductor industries worldwide.

 Sea Cliff Capital is the exclusive financial advisor for HelioFocus.

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