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Increased Profitability in Overseas Projects through Asset Rationalization

We are building an asset management system through cooperation with relevant teams and third-party experts to maximize profit and minimize risks in overseas projects. In case of the solar power project in Japan, we formed a task force in response to changes in Japan’s renewable energy policy and prediction for increased risks incurred by earthquakes and output volatility, established a cooperative system with third-party experts and set a specific process to sell the asset. We built an optimal sales strategy based on the decision made by the task force and successfully disposed of our equity for early investment return for the first time in overseas businesses. The profit was invested in follow-up projects such as the solar panel project in Guam. We established a flexible and active asset management system for overseas projects.