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China U-Ton Holdings Ltd announces exclusive strategic cooperation agreement with Chengdu Hop; to acquire 51 pct. equity interest of Chengdu Hop

Wednesday, 13 Aug 2014 09:15am EDT 

China U-Ton Holdings Ltd:Says that Hebei Changtong, which is a wholly owned subsidiary of the company, and Chengdu Hop entered into strategic cooperation agreement.Pursuant to which, Hebei Changtong agreed to cooperate with Chengdu Hop exclusively to develop (1) energy saving products which are used in telecommunication stations.(2) energy management platform; (3) energy management contracts; (4) other environmental friendly energy saving projects.Hebei Changtong will acquire 51 pct. of equity interest of Chengdu Hop with maximum consideration of 16,000,000 yuan or invest in Chengdu Hop's projects. 

Company Quote

-0.02 -1.53%
24 Dec 2014