Greentech Technology International Limited announced an update in relation to the mining activities at Renison mine located in Tasmania (the "Renison Mine"), which is held by Bluestone Mines Tasmania Joint Venture Pty Limited in which YT Parksong Australia Holding Pty Limited (an 82% indirectly owned subsidiary of the company) owns 50% of its shareholdings. The company has been informed that at the date of this announcement, a bushfire is seriously affecting Tasmania. Tasmanian Fire Service (the "TAS") had once issued a bushfire emergency warning for Zeehan and Renison Bell from a fire spreading from the Lynch Hill region, which has subsequently been downgraded to lower alert levels. While the Renison Mine has not yet been directly affected by the fire at present, at the request of the government and in order to protect the safety of the employees and the facilities and assets at the Renison Mine, the management team for the Renison Mine has implemented an emergency plan, pursuant to which the Renison Mine has been totally closed down and all processes (both above and below the ground) have been suspended. The TAS team is still patrolling the Renison Mine region. Most of the staff has been evacuated and there are only several staff members remaining at the Renison Mine to assist the TAS. The camp at Zeehan has also been evacuated. The management team for the Renison Mine is liasing with TAS and the local police and will keep the company updated of the development.