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Dragon Capital Group Corp. (DRGV) Secures Contract For Central Control System Upgrade At Huinan Waterworks Facilities

|Includes: Dragon Capital Group Corp. (DRGV)

Dragon Capital Group, a leading holding company of emerging high-tech companies in China, today announced that its Shanghai Yazheng Information Technology Company ("Yazheng") subsidiary has been chosen to complete a central control system upgrade project at Shanghai Water Company's Huinan Waterworks facilities.

The project will include a full server and software upgrade at the facilities to maintain system integrity and minimize network failures. In an effort to improve operating efficiency at the plants, Yazheng will also automate the pump starting system. Furthermore, Yazheng will upgrade and fully automate the ammonia detection system at the facilities.

Mr. Lawrence Wang, Chairman and CEO of Dragon Capital Group, stated, "We are very pleased to have been selected by Shanghai Water Company for this automation project. We believe that this contract is another step in helping us reach our goal of successfully establishing a footprint within the utility company sector in China in order to lead to larger, more expansive utility projects. We intend to work diligently to support Yazheng in their efforts to build this important business segment for the future growth of Dragon Capital."

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