Statement on Authorized Exclusive Agents in Israel and Palestine

DATE: 2019-03-11

Dear customers:

We are very pleased to announce that Beijing Dingtek Technology Corp., Ltd. and Israel Nextcom Group have reached the agreement on exclusive distributor matters after friendly negotiation.

Israel's Nextcom Group, as the exclusive agent of Beijing Dingtek Technology Corp., Ltd., has the legal authorization to distributor CNDINGTEK® smart waste management products in Israel and Palestine, with the authorization period from February 2019 to February 2020. Before the authorization expires, the parties may voluntarily negotiate to extend the authorization period.

Israel's Nextcom Group was founded in 1992 and is now a public company listed on the Tel Aviv Stock Exchange (TASE). Since its inception, the Nextcom Group has grown to become one of the largest, most stable and respected companies in the telecommunications and energy sector in Israel. Standing at the forefront of technology, the company provides turnkey solutions for customers across the entire value chain required for high-value projects - demand analysis, planning, procurement and equipment supply, logistics, implementation, operations, service and maintenance.

Beijing Dingtek Technology Corp., Ltd. is the world's leading provider of IoT industry chain technology and services, focusing on IoT, smart city, industry 4.0 and other fields, with end-to-end smart city solution design, delivery and operation capabilities. It is with the Internationally competitive in the smart city area!

Beijing Dingtek Technology Corp., Ltd.

CEO: Justin Wang

Date: 2019-3-11