Carbon Verification on Fuzhou Airlines Co., Ltd.

Fuzhou Airlines Co., Ltd. （the Company）was established on June 12, 2014. The Company uses Fuzhou Changle International Airport as its main operating base, and is mainly engaged in air passenger, cargo and mail transportation. The Company has 14 registered aircraft and nearly 1,200 employees. Since 2014 From October 2010 to December 2017, the company has transported nearly 5.4 million passengers, with a total turnover of nearly 80 million tons-kilometers. In March 2017, iCarbon was entrusted by the Fujian Provincial Development and Reform Commission to carry out 2016-2017 carbon verification work on Fuzhou Aviation Co., Ltd. iCarbon conducted a dedicated survey on the Company’s GHG emission, supporting civil aviation enterprises of Fujian Province for future participate in China ETS.