SOS Co., Ltd. signed a power supply cooperation framework agreement with Leibodong Hydropower Station in Hejiang County, Luzhou City, Sichuan Province, to provide cheap and renewable electricity for its Yunmi mining center.

Qingdao, China, February 5, 2021-- SOS Co., Ltd. ("the company" or "SOS") today announced a power supply framework agreement with the Leibodong Hydropower Station ("Leibodong") in Hejiang County, Luzhou City, Sichuan Province, where hydropower resources are richer and electricity prices are much lower than in other parts of China. Under the agreement, the Leibodong power station will provide power for SOS's cloud password mining and big data center.

Leibodong Hydropower Station in Hejiang County is located in Dazhuoba Village, Fubao Town, Hejiang County, Luzhou City, Sichuan Province. it is the third stage power station in the cascade development planning of Dacao River Basin, a tributary of Tanghe River in the upper reaches of the Yangtze River. The normal storage water level of Leibodong Hydropower Station is 560m, with daily regulation function, its regulating storage capacity is 1.57 million m ³, the actual installed capacity of the power station is 25000 kW, and the average annual generating capacity is 9980 million kW / h.

According to the agreement, Leibo Cave will supply electricity to the Yunliang Mining Center built by SOS at a price of 0.22-0.38kW/h. The two parties will reach a final agreement on the price and other terms and conditions stipulated in the framework agreement. It is expected that the installation of the first batch of SOS infill mining machines will be completed around February 14, 2021.

Yandai Wang, chairman of SOS, commented, "one of the key factors for the success of cloud encryption mining is the access to cheap electricity in areas rich in renewable energy resources, and southwest China, such as Sichuan Province, is one of them. SOS will continue to look for cheap and sustainable electricity to implement its ambitious cloud encryption mining strategy. "

About SOS Limited

SOS Co., Ltd. and its operating subsidiary Ace Information Technology Co., Ltd. ("SOS") is a high-tech company that provides a wide range of services to corporate and individual members, including marketing data, technology and emergency rescue service solutions. SOS transforms digital technology into data-driven operations through the research and development of big data, cloud computing, the Internet of things, blockchain and artificial intelligence.

We have created a SOS Cloud Emergency Rescue Service software as a service (SaaS) platform with three major product categories: basic cloud, cooperative cloud and information cloud. The system provides innovative marketing solutions for customers such as insurance companies, financial institutions, medical institutions, health care providers, automakers, safety providers, advanced life assistance providers and other service providers in the emergency rescue service industry.

SOS has been certified as a national high-tech enterprise and has been awarded the title of "big data Star Enterprise" by the government of Gui'an New area. Standing at the forefront of digital technology innovation, the company has registered 99 software copyrights and 2 patents. For more information, please visit http://www.sosyun.com

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For more information about these and other factors that may affect our expectations and projections, please refer to our periodic documents submitted to SEC, including our annual report for the fiscal year ended December 31, 2019 in Table 20-F. The SEC file for SOS is publicly available on the SEC website at www.sec.gov. SOS assumes no obligation to update forward-looking statements as a result of new information, future events or other reasons.

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