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Xinjiang Tianfu Thermoelectric Co Ltd Signs Cooperative Agreement with Beijing Jianlong Heavy Industry Group Co., Ltd
Xinjiang Tianfu Thermoelectric Co Ltd announced that it has signed an cooperative agreement with Beijing Jianlong Heavy Industry Group Co., Ltd (Jianlong ), for their cooperation on power generation plant engineering project contracting and maintenance, energy saving, development of natural gas market, and equity corporation. According to the agreement, the two companies will set up a joint venture, in which the Company will hold a 40% stake, and Jianlong's subsidiary will hold a 60% stake, for the contracting of power generation plant engineering project.
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