Seamless Green China (Holdings) Limited ("Seamless Green" or "the Company") (HKG:8150), an enterprise actively developing eco-road lighting system in the PRC, has signed a warrant placing agreement with independent third parties involving 200 million three-year non-listed warrants of total worth of HK$10 million. If the warrants are fully exercised, the Company will receive additional net proceeds of approximately HK$190 million, which it intends to use as capital expenditure, general working capital and to fund development of its eco-road lighting system business in the future.
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Seamless Green China (Holdings) Limited (formerly named Fast Systems Technology (Holdings) Limited) has strived to seize opportunities presented by the national environmental protection policies by investing in and developing energy-efficient street-lamp markets in the PRC. The Company has secured several energy-efficient city road lighting reform engineering projects and has given the Company a solid foundation for developing the energy-efficient street-lamp business. The Company has an experienced professional team working on business expansion and aims to reach cooperation agreements with partners in 11 cities in the country including Hubei, Jiangxi and Shanghai. It is confident of developing a robust business of energy-efficient street-lamps. 
