Global Clean Room Technology & Solutions

www.tecosa.ch • www.tecoweb.it

Companies of Kunshan Max Metal co., LTD - CEFOC Group (China)

All the technical, commercial, economic and financial information are the exclusive property of TECO CLEAN ROOM SA and TECO SRL, and may only be divulged with prior, written permission from the Company, which owns the intellectual property rights.

TECO CLEAN ROOM SA and TECO SRL have taken due care and caution in preparing this report, solely for the intent of limited distribution to selected companies and clients and for marketing and commercial purposes.

TECO CLEAN ROOM SA and TECO SRL do not guarantee the accuracy, adequacy or completeness of the information / documents / report and are not responsible for any errors or for the results obtained from the use of the same.

TECO CLEAN ROOM SA and TECO SRL especially state that they have any financial liability whatsoever to the company / any other user of the report.

Analysis and results are also specific to the date of this report.

Disclaimer

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

COMPANY PROFILE

Teco Group

EPCwww.cefoc.cn Beijing, China

CLEAN ROOM Products & SolutionsManufacturing and Services; Shanghai, China

CLEAN ROOM Engineering, Manufacturing,Turnkey Systems-SolutionsLugano, Switzerland

CLEAN ROOM Engineering, Manufacturing,Turnkey Systems-SolutionsCamposanto sul Panaro (MO), Italy

CEFOC

KUNSHAN MAX METAL Ltd

TECO CLEAN ROOM SA

TECO SRL

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

COMPANY PROFILE

Company data COMPANY RECORD

Company name: TECO CLEAN ROOM SAYear of incorporation: 2014. Share capital CHF 205,000Headquarters, Via Sorengo, 6 LUGANO, SWITZERLANDControlling company: TECO SRL, incorporated in 2001Controlling stake: 100%TECO SRL Headquarters. Via della Meccanica, 17/21 Camposanto sul Panaro (MO), Italy

SHAREHOLDERSKUNSHAN MAX METAL Ltd 51%;(Managing Director) MIRCO PELLACANI 49%

Current markets of operationsItaly (Group company), Belgium (agent), Byelorussia (distributor), China (Parent company), Georgia (Partner), Iran (agent), Israel (distributor), Malta (agent), Netherland (agent), Peru (agent), Cile (agent), Equador (agent), Cuba (agent), Russia (distributor), Switzerland (Headquarters), Tunisia (agent), Algeria (agent), Egitto (agent), Danimarca Scandinavia (agent), Turkey (agent)

COMPANY PROFILE

Group

Agents/Partner

Distributors

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

COMPANY PROFILE

TECO CLEAN ROOM SA and TECO SRL design, produce and install turnkey clean rooms, customized according to the characteristics and specific needs of their clients in the following sectors: Pharmaceutical, Medical Device, Hospital, Medical and R&D Laboratories, Health, Cosmetics, Herbal and Food.

Professionalism, experience and great commitment in the achievement of excellent quality standards, have convinced numerous companies both in Italy and worldwide, to turn to TECO GROUP for the construction of their clean rooms.

From supplying walls, doors, false ceilings, technically advanced furniture and accessories, through to the construction of complete and turnkey clean rooms, TECO GROUP always guarantees: • The ability of understanding the real needs of the Client. • Detailed specifications of the requested intervention. • Great flexibility in always offering specific and customized solutions. • The necessary reliability and experience to carry out large projects respecting established timing and conditions. • Constant innovation of products and processes.

TECO GROUP provides a careful and precise planned maintenance service, supporting its clients in the management, maintenance and renewal of their plants.

Teco Clean Room Sa & Teco Srl Made in Teco

MADE IN TECO

The Clean room giving value to your work.

In many sectors of the market today, the presence of controlled contamination environments is necessary, in order to protect the production process from pollutant sources. In addition to the control of airborne particles, these environments also ensure the control of parameters such as temperature, humidity, and/or air pressure.

Applying great experience and expertise, TECO GROUP Implements controlled contamination environments in the areas of:- Chemical - Pharmaceutical and Pharmaceutical.- Biomedical, Medical Devices and Hospitals, including operating rooms.- Research Laboratories, Chemical and Microbiological.- Food, Nutrition and Homeopathic.- Electronic, electromechanical and Nanotechnology.

“MADE IN TECO” guarantees an excellency in turnkey services, supported by an efficient, flexible and global organization, with leading edge and innovative technologies, highest quality standards for both product manufacturing and implementing processes.

Pharma Health FoodMedical device

Cosmetic Herbal Mechatronics Special Project

TECO provides the following services

T.E.CO. S.r.l. was founded in 2001 by a team of engineers and professionals specialized in the controlled contamination environment sector.

The company is now 100% controlled by the Swiss TECO CLEAN ROOM SA, based in Lugano, whose majority stakeholder is the CEFOC Group, a Chinese EPC company with Headquarters in Beijing, www.cefoc.cn

turnkey

engineering construction

MADE IN TECO

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

MADE IN TECO

TECO’s service model

The company manages and controls the entire implementation process, from the feasibility study and design, to the final installation and testing.

The technical department plans and customizes the construction system required to create the clean room solutions.

Customer

Company

Production Engineering Maintenance

Turnkey ValidationPharma finishingsSupply

R&D /

ENGINEERING /

INNOVATIVE TECHNOLOGIES /

MANUFACTURING /

GLOBAL SERVICES /

MADE IN TECO

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

MADE IN TECO

Bespoke Design and Production.In the last 15 years, the continuous investment in human and technological resources, have not only awarded TECO with a vast experience in the field, but have also produced an industry consolidation, that makes it one of the leading global companies in the construction of clean rooms.Partnering with TECO Group, means being confident about relying on a Group that is associated to proven professionalism and a solid financial position.A well designed and technologically advanced clean room is decisive for reaching the highest quality standards in a production company. TECO employs advanced technologies to ensure that its customers have their production quality always under control.The Design: TECO is proud to be able to provide a truly bespoke design, production and assembly to its customers. Employing experienced and specialized personnel, it ensures advanced, tailor made, turnkey systems, that are delivered to the customers quickly and safely.Research & Development: TECO’s ongoing investments in new technologies, provide excellent solutions to the evolving demands for quality, safety and design. Some examples:

The innovative pedestrian ceiling, which allows servicing without entering the clean room, thus reducing the downtime. A new system for totally fireproof pharmaceutical walls, certified to comply with the new rules relating to fire prevention. Production: TECO combines its capability of industrial production with the philosophy of craftsmanship. This approach can accommodate both the production of standard systems for immediate delivery, and non-standard products, tailored to customer needs.

Products (in-house manufacturing and qualified outsourced)

Laminate Pharmaceutical Wall

Pharmaceutical Modular Walk On False Ceiling

Pharmaceutical Hinged Doors

Pharmaceutical Sliding Doors

Floor/Ceiling Concave Profiles

Vertical Concave Profiles

Alluminium Joints

Technical Furniture

Inox Technical Furniture

Isolated Pharmaceutical Windows

Cleanroom Accessories

Laminate Laboratory Wall

Pharmaceutical Wall In Sheet Metal

Phamraceutical Modular False Ceiling

MADE IN TECO

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

MADE IN TECO

SolutionsWhether it is supplying clean room walls, doors, countertops, technical furniture, accessories and more, or if carrying out the realization of a complete, turnkey, controlled contamination clean room, TECO always ensures:

• The ability to understand the real needs of the customer.

• The detailed specification of the service required.

• The flexibility to offer more targeted and bespoke solutions.

• The reliability and experience necessary to carry out large-scale projects in the time and manner established.

• The continuous innovation of products and processes.

• The strict accordance with industry regulations.

Controlled Contamination Clean room with Guaranteed quality

By means of a careful and punctual service of scheduled maintenance, the client is constantly supported by TECO in the management, control, maintenance, and renovation of facilities.

ServicesGREAT FLEXIBILITY TO MEET CLIENT NEEDS

TECO assists its clients from the definition of personalized business requirements to the turnkey delivery of clean rooms.

Customers can take advantage of bespoke services, where the design, supply of materials and construction of controlled contamination environments are made to measure, through extremely flexible contracts.

Our Services:

• Facility Planning

• Turnkey Projects

• Engineering

• Construction

• Validation

• Scheduled maintenance and extraordinary intervention.

MADE IN TECO

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

MADE IN TECO

Facility PlanningThe TECO Group is able to support customers looking to restructure an existing production facility in a functional way or those planning mid-/long-term development.

The methodology used for Facility Planning allows cllients to choose the most appropriate investments for his needs, based on a thorough comparative analysis of various technical solutions, supported by relevant cost estimates.

The fundamental elements of this engineering process involve analytical projections, based on the product quantity, the available production capacity and the study of the plant layout and its service systems.

In some strategic cases, TECO’s Facility Planning services include a preliminary phase, in the decision-making process, aimed at the new creation or restructuring of one or more plant production areas or at the realization of an entire production site.

MADE IN TECO

TurnkeyFor companies that require a complete turnkey service, TECO offers a personalized project lay-out and ensures total control of every technical aspect, in addition to providing a detailed timing and investment schedule for the project realization.

The turnkey service consists in: • A feasibility study. • A Project Manager/Executive. • Management and supervision of works in progress. • Commissioning and start-up. • Certifications, security checks and validations. • Auditing, testing, and maintenance.

As part of the customized, turnkey service, TECO provides:

• Pharmaceutical company finishes. • Civilian finishes. • Plant H.V.A.C. • Mechanical installations. • Process Piping. • Electrical/ instrumental installations.

• Civil engineering• Mechanical systems• Electrical and instrumental systems• H.V.A.C. systems• Process piping • Pharmaceutical finishings• Commissioning• Validation

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

MADE IN TECO

EngineeringThe project lay-out includes product design specifications and timing of the investment, providing the client with a complete picture of the operation.

The engineering services include the detailed design of internal plant installations and infrastructures such as:Mechanical installations, Walls and doors, Process Piping, HVAC, Electric instruments, Finishing components.

Our management handles all activities of supervision and coordination of the work/plant site.

TECO supports customers in the design phase through a set of services: • Conceptual design • Basic design • Detailed design • Construction Management • Commissioning

Conceptual Design • Definition of production and service areas • Definition of lay-out • Definition of area classification • Definition of in/out paths for staff/material • Definition of the main process equipment and utilities • Investment estimate (± 25 ÷ 30%)

Basic design • Lay-out of process equipment • Lay-out of utilities • Design Criteria H.V.A.C. • P&ID H.V.A.C. • P&ID Process and Service Fluids • Lay-out of pipes/channels • Pre-sizing of main utilities • Technical specifications of Process Equipment • List of Equipment and tools • List of Fluids • Definition of Consumption • Task planning • Estimate for the system investment (± 10 ÷ 15%)

Detailed Design • Structural design of each individual element

Construction management • Definition of the fitting skill set for the construction implementation site, divided by tasks • Project and global contractor Management Commissioning • Start-up and testing of systems in accordance with the specifications/ procedures agreed with the customer

ConstructionTECO’s 15 years experience in selecting and qualifying the highest standard materials and products in the field, offers the best cost/benefit ratio that fits to the clients’ project needs.

TECO provides: • Walls/Ceilings • Doors/Windows • Profiles/Die Casts • Technical furniture/Accessories

• Design• Customisation• Production• Prefabrication• Delivery• Installation• Annual production capacity approx. 20,000m2 of wall

MADE IN TECO

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

MADE IN TECO

Scheduled maintenance and extraordinary interventionTECO provides post sales assistance, long-term maintenance support, facility management, as well as system and solution updating/upgrading and eventual extraordinary interventions for non-scheduled events. These services include: • Scheduled maintenance, compliant with industry certifications. • The management and in-house execution of maintenance. • Supply of spare parts and their substitution/ installation.

The scheduled maintenance services include the check of basic operational requirements such as:

Dust check and control. • Air flow efficiency. • The air velocity in the absolute filters. • The thermo-hygrometric conditions and pressures.

PRODUCTS

PharmaceuticalTECO designs and manufactures a full set of products for pharmaceutical plants. The interventions may include the renovation or expansion of existing environments.

This activity involves both the design of HVAC systems and utilities and the examination of all production areas: reception of raw materials, production, packaging and storage.

TECO realizes both its products and solutions in full compliance with the European and International standards ISO GMP (Good Manufacturing Practices).

PRODUCTS

Medical DeviceThe long-term experience gained by working closely with companies in the Medical Device industry, allows TECO to offer customized, technologically innovative solutions.

The result is the ability to create an environment, without suspended particles and free from risk of contamination. In compliance with the most restrictive standards applicable to this sector.

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

PRODUCTS

HealthTECO designs and manufactures controlled contamination environments, to reduce the risk of infection in manufacturing plants.

This is achieved through the installation of HVAC systems and absolute filtration systems, able to monitor the internal microclimate of Clean rooms. In compliance with the most restrictive standards applicable to this sector.

PRODUCTS

FoodIn the food sector, to ensure and maintain the necessary standards of hygiene and quality of production, the plants must be adapted to HACCP standards.

TECO produces contamination controlled environments, from the simplest to the most complex and articulated, in full compliance with the most restrictive standards applicable to this sector.

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

PRODUCTS

CosmeticTECO’s expertise in the controlled contamination sector, also extends to the cosmetic field.

Employing its multi-year experience, it has successfully developed and produced customized systems, specifically for the cosmetic industry as well. ISO GMP (Good Manufacturing Practices).

PRODUCTS

HerbalTECO meets every requirement related to the design, installation and certification of clean rooms allocated to the Herbal sector.

In compliance with both ISO regulations and of international standards of GMP, TECO manufactures complete, turnkey clean room solutions and re-designs or expands existing controlled contamination environments.

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

PRODUCTS

MechatronicsTECO designs and manufactures clean rooms intended for Electronics manufacturers. These clean rooms offer customized and technologically innovative solutions.

Their absolute filtration systems, able to control the clean rooms’ indoor climate, create an environment that is free from both airborne particles and from contamination risks. In compliance with the most restrictive standards applicable to this sector.

CLIENTS

2001

2006

2011

2002

2007

2012

2004

2009

2014

2003

2008

2005

2010

2015

Milestones of Client portfolio developmentTECO serves some of the main Pharmaceutical and Food operators:

2013

REFERENCES

Main Achievements 2001 - SIGMA TAU SpaRevamping of departments &Creation of primary/secondary packaging dept’s (Turnkey) – Pomezia (ITALY)

2002 - CHIRON VACCINES SpaRevamping of vaccine dept’s (Turnkey) - Siena (ITALY)Revamping of vaccine dept’s (Turnkey) - Rosia (SI) (ITALY)

2003 - FARMILA THEA GROUP SpaLaboratory of Microbiology (Turnkey) - Settimo Milanese (MI) (ITALY)

2004 - ACRAF Angelini Industrie Farmaceutiche SpaNew booths for production departments (Turnkey) - Ancona (ITALY)

2005 - BIMA Bioresearch Manufacturing srlNew finishing dept. (Turnkey) - Pisticci (MT) (ITALY)

2006 - KEDRION SpaNew Farming department - Bolognana (LU) (ITALY)

2007 - MENARINI BIOTECH Srl - RTC SpaCampus Pomezia new “M0” plant department and new Animal housing department - Pomezia (ITALY)

2008 - DAMOR Farmaceutici SpaRevamping of plant - Naples (ITALY)

2009 - PARMACOTTO SpaNew Food area/modified atmosphere clean room plant (Turnkey) - Parma (ITALY)

2009 - AVERSI SANew laboratory of CQ and microbiology - Tiblisi (GEORGIA)

2010 - CATALENT SpaRevamping of plant - Cosmetics and pharmaceuticals area (Turnkey) - Aprilia (LT) (ITALY)

2011 - ACRAF Angelini Industrie Farmaceutiche SpaCreation of new solids department - Ancona (ITALY)

2011 - ASIA PHARMACEUTICAL LtdCreation of new cephalosporin dept. - Aleppo (SYRIA)

2011 - DIAMOND PHARMA LtdCreation of solids department - Damascus (SYRIA)

2012 - AC FARMA SANew plant solids and anti-tumor department (Turnkey) - Lima (PERÙ)

2013 - INFAMED - KBagrationovsk - Regione Kaliningrad - Federazione RUSSA

2013 - BIOFER Spa Revamping of plant - API area (Turnkey) - Medolla (MO) (ITALY)

2014 - EMOTEC SRLConstruction of the production factory for the production of Hospital devices - Medolla, Modena (ITALY)

2015 - THERA CompanyEngineering and realization of the pharmaceutical production deparment Oral Solids - Tunisi (TUNISIA)

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

CLIENTS

Client base and collaborations

References

In Europe and worldwide there are a number of prestigious Companies that have turned to TECO’s expertise in order to realize their clean rooms.The table shows some of the Clients that have appreciated our guaranteed products and services.

Collaborations

CASE STUDIES

Case studies:

THERA Company2015Tunisi, Tunisia

Content: Engineering and realization of the pharmaceutical production deparment Oral Solids.Clean room ISO8 sq.m 1300

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

2014Medolla, Modena - Italy

Content: Construction of the production factory for the production of Hospital devices. Plant of 2000 sq.m. of which: Warehouse sq.m 1250, ISO7 Clean rooms mq. 350, Offices sq.m 400.

Case studies:

EMOTEC SRL

CASE STUDIES

Case studies:

BIOFER spa2013Medolla (MO) (ITALY)

Engineering and realization of the department of spry-drying complexesClean room class ISO 7

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

REFERENCES

In Italy, Europe and across the world, there are many leading companies that have chosen to make their controlled contamination environments relying on TECO’s expertise in this field.

for more References visit us at www.tecosa.ch or www.tecoweb.it

CUSTOMER YEAR SECTOR INTERVENTION PLACE DESCRIPTION

BIOPSYBELL SRL 2015 Medical Device ISO8 Clean RoomMirandolaItaly

600.000,00 Turnkey

FACTA S.p.A. 2015 PharmaceuticalNew Department Penem 2

TeramoItaly

620.000,00PharmaFinishing

SIGMA TAU S.p.A. 2015 PharmaceuticalDispensing Deparment

PomeziaItaly

200.000,00PharmaFinishing

THERA Company 2015 PharmaceuticalISO8 Oral Solids Deparment

TunisTunisia

1.000.000,00 Turnkey

KAM FARMA SA 2015Chemical- Pharmaceutical

Api ISO7 Finishing Department

AlexandriaEgypt

600.000,00 Turnkey

CELL TECH Co. 2015 PharmaceuticalISO7/ISO5 Sterile Cell Culture Department

TehranIran

1.350.000,00 Turnkey

REFERENCES 2015

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

ECONOMICS AND FINANCIALS

Project Revenues by year

Special Projects

Engineering

Validation

Supplies

Turnkey

Constraction

6.000.000,00

5.000.000,00

4.000.000,00

3.000.000,00

2.000.000,00

1.000.000,00

5.200.000,00

2012

5.700.000,00

2015

5.400.000,00

2014

3.700.000,00

2013

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

ECONOMICS AND FINANCIALS

Project Revenues by Country6.000.000,00

5.000.000,00

4.000.000,00

3.000.000,00

2.000.000,00

1.000.000,00

5.200.000,00

2012

5.700.000,00

2015

5.400.000,00

2014

3.700.000,00

2013

Perù

Tunisia

Svizzera

Georgia

Egitto

Bulgaria

Russia

Israele

Iran

Belgio

Italy

Ungheria

Varie

ECONOMICS AND FINANCIALS

Teco Srl + Teco Sa Financials €6.000.000,00

5.000.000,00

4.000.000,00

3.000.000,00

2.000.000,00

1.000.000,00

2012 201520142013

Turnover

EBITDA

Net profit

This information is confidential and property of TECO CLEAN ROOM and TECO SRL solely for the use of their clients, investors and controlling and funding companies; it is not to be relied on by any 3rd Party without prior written consent.

www.tecosa.ch • www.tecoweb.it

Mirco PellacaniManaging DirectorMob. +39 329 8528630

Email: m.pellacani@tecoweb.it

Headquarters TECO SRL a Unico Socio17/19/21, Via della Meccanica41031 Camposanto Sul Panaro (MO) Italy

Email: info@tecoweb.itWeb: www.tecoweb.it

Headquarters TECO CLEAN ROOM SA6, Via Sorengo6900 LuganoSwitzerland

Email: sales@tecosa.ch Web: www.tecosa.ch

Stefano De MarchisBoard DirectorCorporate DelegateMob. +39 3468761557

s.demarchis@tecoweb.it

twin

kode

.net

Companies of Kunshan Max Metal co., LTD - CEFOC Group (China)