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AAG Energy Holdings Limited is an international energy company and a leader in China’s CBM exploration and development sector, with a special focus on developing and optimizing the value of unconventional gas resources to supply clean energy to the Chinese economy. AAG Energy’s key operating assets, the Panzhuang and Mabi concessions, are located in the Southwestern part of the Qinshui Basin, which boasts the largest proved CBM geological reserves of any basin in China. AAG Energy’s Panzhuang concession in partnership with the China United Coalbed Methane Corporation Ltd., is the most commercially advanced Sino-foreign CBM asset in China and the first Sino-foreign CBM cooperative project to have entered full-scale commercial development and production. The Project has a designed annual production capacity of 650 million cubic meters. The Overall Development Plan for the southern area of Mabi concession, which is in partnership with China National Petroleum Corporation, was approved by the National Development and Reform Commission of the PRC in September 2018. The designed annual production capacity for commercial development is 1 billion cubic meters. AAG Energy is committed to building its own core competitiveness, continuously exploring and innovating in management, technology and business models, and actively building an eco-industrial chain for the natural gas industry. Leveraging itssuccessful experience in the commercialization of CBM and high-calibre management team, the Company will continue to contribute more clean energy to society and create higher return for investors.