China Technology Industry Group Secures Solar Equipment Services Agreement

Reuters
Oct 31
China Technology Industry Group Secures Solar Equipment Services Agreement

China Technology Industry Group Limited announced that its wholly owned subsidiary, China Technology Industry Investment Limited (CTIIL), has entered into an inspection and maintenance services agreement with Ngolam Technology Limited. Under the agreement, CTIIL will provide inspection, maintenance, repair, technical support, cleaning, and other related services for the solar panel power generation equipment of Ngolam's customers. The agreement is expected to generate a stable annual income of not less than HK$5 million during the initial term, which is automatically renewable for another two years.

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