SHANGHAI DISNEY RESORT TO USE LEADING TECHNOLOGIES FOR ENVIRONMENT PROTECTION

(May 30, 2013 Shanghai) – The Shanghai Disney Resort Management Company today announced an agreement to adopt a leading new environmental technology to supply the resort with heating, cooling and compressed air, thereby increasing the overall energy efficiency of the resort by three times and ensuring the resort's efficient and environmentally-friendly operations. The utilities will be co-generated by a Combined Cooling and Heating Plant, to be built and operated on the resort site by the Shanghai International Tourism and Resort Zone New Energy Company Limited, a joint venture company owned by Huadian New Energy Development Company, Ltd, Shanghai Shendi (Group) Co,. Ltd, and Shanghai Yiliu Energy Group Co., Ltd.

As a key infrastructure project for Shanghai International Tourism and Resorts Zone, the Combined Cooling, Heating, Power Plant (CCHP) is a grid-tied, gas-fired power plant which co-generates cooling and heating via engine waste heat, and produces compressed air by self-generated electricity. The CCHP project will supply hot water and chilled water for space heating and cooling, domestic hot water, and all compressed air needs for the Shanghai Disney Resort's daily operation in the most energy efficient and environment-friendly way. The project is designed, constructed and operated by Shanghai International Tourism and Resort Zone New Energy Company Limited, and will become operational in time to support the resort's opening, scheduled for the end of 2015.

"Shanghai Disney Resort has been devoted to seeking new technology and business solutions which reduce our impact on environment, save resources, and promote sustainable technology, and to support all kinds of cooperation with our local partners," said Mike Crawford, General Manager, Shanghai Disney Resort. "The CCHP project is an excellent example of partnership, localization and Disney's long-term commitment to environment protection. We are excited to be creating a world-class destination here in Shanghai to showcase environment friendly and leading Chinese and international technologies."