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HONG KONG, Apr 17, 2012 - (ACN Newswire) - The Ministry of Industry and Information Technology (MIIT) of China has recently announced "The 12th Five Year Plan of Energy Conservation", which requires a series of targets for the nine key industries and twenty prime products. The plan milestones that China's economy is in the further transition from high energy-consuming and high pollution to low energy consumption and high output value, the growth momentum of new energy-saving industry in unstoppable.
As a unique investment company in Hong Kong which steps on military and industrial sectors, China Innovation Investment Limited ("China Innovation", 1217.HK) has been always focusing on investment in duel-use technology and new industries. China Innovation today is delighted to announce that the Company has completed its layout of "Four-New industry", which includes "New Energy Resources", "New Light Resources", "New Materials" and "New Media".
For "New Energy", China Innovation has completed the transaction on Topsun Creation Limited ("Topsun"). Topsun adopts the power reserve patent technology of military aviation as its own core for the research and manufacturing of solar photovoltaic system. With features of high capacity, fully sealed and maintenance-free, the system is widely used in military equipment and civil vehicles as well as construction, etc. It possesses a large room for growth and enormous development potential in both civil and military markets.
For "New Light", the Company invests in Aesthetic Vision Limited ("Aesthetic Vision"). Aesthetic Vision's major product is LED lighting. It possesses of LED ergonomics technology with features including LED illuminant, appropriate light flux, free colour temperature, healthy spectrum and compliance to ergonomics. Its products are widely used in military production as well as civic purposes.
For "New Materials', the Company invests in United Crown Century Company Limited ("United Crown Century"). United Crown Century is mainly engaged in research and development of energy-saving eco-materials for walls, and is a pioneer in the new energy-saving eco-materials industry in the Mainland.
For "New Media", the Company invests in Blue Angel (H.K.) Limited ("Blue Angel"), which mainly engages in production and assembly of new products such as solar all-in-one computers and solar energy advertising screens with the use of solar energy and LED technologies.
The year from 2011 to 2015 is an essential period of strategic opportunity for China socio-economic development, which is also critical for developing a conservation-minded and environment-friendly industry system. In the wake of industrialization and urbanization, the growth of economy is accompanied by restraints of energy resources and environment, which requires increasing production value and technology input. As China Innovation completes the layout of duel-use technology and "Four-New industry", it certainly gives the Company much more initiative in the economic transition.
Contact:
China Innovation Investment Limited
Tel: +852 2111 9988
Direct: +852 2155 6276
Fax: +852 2111 9989
Topic: Production report
Source: China Innovation Investment Limited
Sectors: Daily Finance, Alternative Energy
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From the Asia Corporate News Network
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