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Successful Acquisition of Zhong Da Bo Cheng
2010-09-01

 
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.