Hong Kong – 2 August 2017 – CALC (the “Group”, SEHK stock code: 01848) Mr. Feng Zhenglin, Administrator (minister level) of Civil Aviation Administration of China ("CAAC") today met Mr. Mike Poon, CEO of CALC, in Harbin. Mr. Poon delivered a presentation on the Group's development in serving civil air transport industry and in establishing a full aviation value chain, as well as the Group's progress in the aircraft recycling project in Heilongjiang. Mr. Feng recognized the achievements CALC has made in recent years and expressed his support in pushing ahead the aircraft recycling business in Heilongjiang.