Delivering Sustainable Hot Water Solutions

Apricus Company
Overview 2021
The Brand

• Apricus is a worldwide registered trademark

• Apricus is a latin word meaning “attracting the sun”
• We stand behind our products and our brand
• Apricus branded products used globally
Company Profile
• Established in 2003
• Apricus Locations
• China: Manufacturing, R&D, Engineering, Sales,
After Sales Service
• Australia: Sales, R&D, Engineering
• USA: Manufacturing, Sales, Engineering
• UK: Sales & Engineering
• Romania: Sales & Engineering
• India: Sales & Engineering
• Pakistan: Sales & Engineering
• New Zealand: Sales & Engineering

How big is your CO22 footprint?

Our Vision

Apricus is focused on providing

simple and effective solutions for
families and businesses concerned
about the effects of climate change and
rising energy costs.

With Apricus, customers gain peace

of mind knowing that they are part of
the SOLUTION, making the world a
better place not only for themselves but
for future generations as well.
Our Goals

• Create value for people through

constant improvement of our products
and services

• Promote environmental responsibility

• Become a leading supplier of

sustainable energy products to the
global market

• Build a company culture that provides

opportunity and fulfilment for talented,
passionate employees
Apricus Founders

Michael Humphreys (Founder & CEO)

Originally from Melbourne, Australia, Living in China since 1999. Fluent in Chinese.
Education: University of Ballarat (VIC, Australia): BS (hons)
Professional Experience:
2003 - Present: Apricus Solar Co., Ltd. & President of Apricus Inc (USA).
2001 - 2003: Focus Technology: Export Department Manager
2000 - 2001: CIP Fasteners Co., Ltd (China): Export Department Manager

Shen Jin Hua (Founder & Director)

Education: Shanghai Jiao Tong University: Bachelor Degree in Engineering
South East University: Masters in Material Science
Professional Experience:
1996 - Present: Founder and CEO of Focus Technology Co., Ltd (www.made-in-china.com):
(Shenzhen stock exchange listed company #002315 since 2009: Market value ~1billion USD)
1992 - 1996: Founder Technology Group Co,. Ltd: Marketing Manager
1990 - 1992 ： Nanjing Chemical Group: Engineer
Global Management Team
Chris Taylor (shareholder) & Apricus Australia MD
Education: Monash University: Bachelor of Business
University of St Thomas, Minnesota: Masters of Arts
University of Wester Australia: Masters of Marketing Research
Professional Experience:
2005 - Present: Apricus Australia Pty Ltd, Managing Director
1995 - 2005: CTA Consulting Pty Ltd, Director.

Zhang Ai You (CTO)

Education: Dalian University of Technology: Masters of Thermal Engineering
Professional Experience:
2006 - Present: Apricus Solar Co., Ltd
1990 - 2006: Yancheng City Power Plant - Engineering Department Manager

Harry Gao (COO)

Education: Southeast University: Masters of Mechanical Engineering
Professional Experience:
2011 - Present: Apricus Solar Co., Ltd
1999 - 2011: Zhuhai HARTING Ltd - Southern China Sales Director
1995 - 1999: Guangdong Foster’s Brewery Co., Ltd - Production Manager
1992 - 1995: Zhuhai Keyman Electric Co., Ltd - Project Manager
Business Model

Scaleable Growth Model

Attract & Develop Renewable
Energy Technology

Global Manufacturing

Apricus Distribution Network

Manufacturing Plant
• Apricus owned production facility in Nanjing, China
• Sales, R&D and Manufacturing
• 2.3 hectares / 5.8 acres / 251,000ft2 of land
• 15,300m2 / 165,000ft2 factory floor space
• ISO-9001:2008 Quality Managed Operation
Historic Timeline
2002 Started Sales

2003 Establishment of Apricus Solar, Apricus Trademark Registration

2004 Obtained European SPF Certification, USA SRCC Certification
2005 Obtained Australia AS2712 Certification, Foreign Investment JV Established
2006 Obtained ISO9001:2000 Certification
2007 10 million USD valuation 1st round investment, Established Apricus Inc (USA)
Obtained Euro Solarkeymark Certification
2008
Moved into new Factory
2009 Obtained IAPMO (USEC) Certification
2010 Chinese design patents registered (evacuated tube and heat pipe assembly)
2011 Hot Water Tank Patents Submitted (US)
2012 Expansion of Factory commenced
2013
Begin Flat Plate production in new factory space (Solarkeymark and SRCC certified)
2014 Issued US and Australian patents for novel hot water tank design
2015
Begin Solar Air Conditioning & Desalination R&D
2016
2017 Begin Smart Hot Water R&D

2018 Expanding sustainable energy product range (PV, thermal energy storage)
Apricus Global Presence

Apricus Solar Co., Ltd

Apricus Inc, CA Manufacturing Facility

Apricus
Australia

Head Office Local Sales Offices Distribution Partners

Product Offering
• Evacuated Tube Solar Collector (thermal)
• Flat Plate Solar Collectors (thermal)
• System controls
• Hot water storage tanks (atmospheric, mains pressure)
• Balance of system (pump stations, line sets etc)
• Engineering service
Process Heat Applications
Mauritius India

India Australia
Process Heat Applications
Thailand USA

USA Australia
Process Heat Applications
Thailand

USA Australia
Existing Boiler Retro-fitting Option
ETC Solar Collector
Manifold Header

Evacuated Tube Heat Pipe

Mounting Frame
How it Works

Header Pipe

Manifold Box
Insulation

Sunlight Steam Circulating

Rises Water
Liquid
Returns Heat Pipe

Evacuated Tube
Working
Fluid
Absorber Layer

Insulating Vacuum Space

System Controller

• Manages all solar system functions

• Data-logging (SD card), online monitoring
• Multiple temperature and sensor inputs
• Variable and fixed speed relay outputs
• User friendly text menu interface
FPC-A Flat Plate Collector
• Single sheet Tinox Energy AL absorber
• Ultra-lightweight Melamine Insulation
• Harp style heat exchanger
• Low profile (80mm)
• Anodized AL side rails
• Available in range of sizes
Balance of System
• Insulated SS Flexible Pipe Linesets
• Expansion Tanks
• Pump Stations
• Heat Transfer Fluids (Anti-freeze)
• Solar Circulation Pump
• PV, Inverter & Battery
• Sourcing Other Quality Components
Heat Pump
• Heat Pumps for hydronic heating for residential,
commercial and industrial segments
• Copeland scroll compressor, which is quiet in operation
and highly efficient
• 400% energy efficient in comparison to electric heater
• Schneider electric components
• Intelligent control systems
Certifications

• International Product Certifications

• USA: SRCC/ICC OG-100, OG-300, FSEC, ETL
• South Korea
• Dubai: DCL
• Australia: AS/NZS2712, AS/NZS4020
• Europe: Solarkeymark, DIN CERTCO, CE
• Quality Management System
• ISO9001:2008 certification
Product Certifications
R&D – Smart Hot Water
• Time optimised hot water supply
• Reduce energy wastage
• Integrate space heating, cooling and hot
water
• Integration with PV power supply
• Developing with RMIT University (AUS)
• Full remote system access and control
R&D - Distillation
• Provides clean drinking water from sea,
underground, polluted sources
• US DOE funded patented design
• High efficiency; GOR >12 (kg steam : kg water)
• Off the grid - Solar Thermal and PV
• 40L/m2 gross solar collector area
• Expected launch: 2018
R&D - Solar Assisted AC
• Utilise solar thermal heat to
assist AC operation in both
cooling and heating mode.
• Reduce electrical
consumption.
• Ongoing research.
Engineering Service
• Solar thermal system design
• System modelling using Polysun software
• On site training and system commissioning
Commercial Projects
• ARC - San Antonio, TX (2009)
• 180 Unit Apartment Building: Hot Water Supply
• 178 x AP-30 solar collectors
Commercial Projects
• Whole Foods Market - Kailua, Hawaii (2012)
• Solar Cooling & Dehumidification
• 80 x AP-30 solar collectors
Commercial Projects
• Boeing Salt Lake City
• Paint Drying Facility
• 120 x AP-30 Solar Collector
• Installed Sep 2013
Commercial Projects
• DeBortoli Winery - Australia
• 100 x AP-30 solar collectors
• Installed in 2014, 4 year ROI
• Supplying 12,000L of 95oC/day
• 100,000kg CO2 reduction/year
Commercial Projects
• Massachusetts Maritime Academy - MA, USA
• Pool and DHW for fitness centre
• 24 x AP-30 collectors
• Fully data logged operation
Commercial Projects
• University California - Davis (2010)
• College Dining Facility
• 23 x AP-30 solar collectors
• LEED gold building
Commercial Projects
• California State University - Sacramento (2010)
• College Residence Hall
• 40 x AP-30 solar collectors
Commercial Projects
• CMT FM2 Fabric Dyeing Facility, Mauritius
• Industrial Hot Water Pre-heat
• 100 x AP-30 solar collectors
Commercial Projects
• CMT FM2 Fabric Dyeing Facility, Mauritius
• Industrial Hot Water Pre-heat
• 100 x AP-30 solar collectors
Industry Participation

• Conferences presentations
• Authoring articles
• Participation in industry committees
Sponsorship
• Provide product and support for variety of projects
Our Approach

• Developing quality products that exceed customer

expectations
• Strong technical and customers support
• Developing lasting relationships with suppliers and
customers
• Strong market understanding through “local team”
• Ethical “good bloke” business culture
• Strong brand development
• Ambitious team of people
Cooperation
• Identifying strategic partners - leverage strengths
• Multi-national team - global approach
• R&D and manufacturing
• Strong government support (infrastructure, policy, grants)
• Access to funding (government & private market)
• Talented people
• Manufacturing experience
• Component sourcing expertise
• Regional distribution partnerships
Thank you