On October 20th, CC7 received a “Letter of Award” from BASF Integrated Base (Guangdong) Co., Ltd., and successfully won the general contract for BASF (Guangdong) Integrated Project Initial Phase I – Multi-discipline Construction of Compounding and TPU Plants, with the contract amount of 182 million yuan. The scope of work includes civil engineering, buildings, steel structures, pipe gallery, equipment, piping, electrical and instrumentation. The commencement date of the project is October 28th, 2020, and the final acceptance date is May 31st, 2022. The total construction period is 580 days.