Corporate News
Successful Acquisition of Zhong Da Bo Cheng

Perceiving the growing potential for the environmental industry in the PRC, our Group has been actively pursuing every investment opportunity to reach the top levels of the industry.
On 19/7/2010, we have established a new subsidiary Zhong Da Bo Cheng Energy Technology (Shenzhen) Limited, and the Board of Directors is pleased to announce that, on 30/8/2010, our group had successfully acquired Suntronics (China) Electronics Technology Co. Ltd. and Shenzhen Refine Environment Protection Technology Co. Ltd., both companies being manufacturers of environmentally-friendly air-conditioners.
The market for environmental friendly air-conditioners has become established since it was introduced to the PRC in 2000.  Therefore, the stage of rapid development of the industry for the coming five years is expected.