Introduction of Zhejiang University Network News Group

Since its establishment in June 2006, Zhejiang University Network New Group has made rapid development in three business areas: information technology services, environmental protection and energy conservation, and urban construction services. It owns Zhejiang University Netcom (SSE: 600797), Zhonghe Electromechanical (SZSE: 000925) and Netcom Rand (HKEx: 8 106). At present, Netcom Group has more than 7,500 employees and more than 40 subsidiaries all over the country, and has developed long-term customers in North America, Japan, Eastern Europe and South America. With the rapid development of China's economy, the company's performance has been rising steadily. From 200 1 to 2009, the compound annual growth rate of Netcom Group reached over 38%. In 2009, Zhejiang University Net New Group achieved contract sales of 1 1 100 million yuan.