Baguio Green Group Limited (‘‘Baguio’’ or the
‘‘Group’’, Stock Code: 01397.HK) is pleased to announce that following last year’s
success in securing a smart recycling machine contract from the Environmental
Protection Department (“EPD”) of the HKSAR Government (“the Government”), the
Group has won new contracts for two large private residential estates for the provision
of smart Food Waste Recycling Machines ("Food Waste Recycling Machines") and
maintenance services. This initiative will help residents recycle food waste efficiently
and reduce expenses associated with waste charging.