March 5, 2018 / 5:56 PM / 5 months ago

BRIEF-PVA Tepla, Jiangsu Lixin Semiconductor Agree Technology Cooperation

March 5 (Reuters) - PVA Tepla AG:

* DGAP-ADHOC: PVA TEPLA AG CONCLUDES TECHNOLOGY COOPERATION AGREEMENT WITH JIANGSU LIXIN SEMICONDUCTOR TECHNOLOGY CO. LTD., CHINA, A GOLDEN CONCORD LTD. GROUP COMPANY (GCL)

* COOPERATION AGREEMENT COVERS PROVISION OF TECHNOLOGY FOR PRODUCTION OF CRYSTAL GROWING SYSTEMS, TECH SUPPORT BY PVA TEPLA GROUP

* EXPLICITLY EXCLUDED ARE PROCESS ZONES OF SYSTEMS

* EXPECTS OPERATING EARNINGS TO ALMOST DOUBLE IN 2018 BASED ON ONE-OFF PAYMENT THAT IS PART OF AGREEMENT Source text for Eikon: Further company coverage:

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