On Real International Holdings Limited Invested in Primus Power Corporation

Optimistic Towards the Development of Green Energy and Energy Storage

 

HONG KONG, CHINA – Media OutReach – 11 October 2018 – On Real International Holdings Limited
(8245.HK), a Hong Kong Company Listed on the GEM Board since 2015, has
announced a subscription of securities in Primus Power Corporation, a leading
global clean tech storage company.

 

On Real is a company with expertise in telecommunications
and two-way radio product design and manufacturing. It has set up offices in both
Shenzhen and Hong Kong. It also has two other production facilities in Shenzhen
and Yunfu City of China. The operation and production base have a total gross
floor area of over 17,500 square meters.

 

On real is
optimistic towards an investment in Primus Power Corporation (www.primuspower.com). Primus Power is the global leader in the provision of low-cost,
long-life, and safe long-duration energy storage systems. The company’s flow
batteries are shipping internationally to National Grids, international commercial/industrial
energy providers, data centers, micro-grids, utility, and security
customers.  With technical innovations protected by 51 patents in 14
countries, the Company’s Energy Pod systems offer exceptional reliability,
modularity, and high energy density at an industry-low total cost of
ownership.  

 

On real’s future forecast, of both clean
energy paired with energy storage is bright and prosperous particularly in
China. China is endeavouring to develop
renewable energy in recent years as part of China’s National Energy
Administration, the key decision maker is supporting the
aftorementioned markets, and has planned to invest $360 billion in the
renewable energy sector over five years in accordance with its
13th Five-Year Plan for Renewable Energy Development. It  display how determined China is in achieving
goals for clean energy and energy storage.

For the annoucement, please refer to: http://www.on-real.com/attachment/GLN20181011019.pdf