August 26 2005, the company secured the make-up water membrane project for Ling Ao Nuclear Power Plant（2×1000MW）, the 2nd phase expansion project, with a contract value of RMB 18.56million.
Expected to be substantially completed by 31 December 2007, this will be the second nuclear power plant in Da Peng, Shenzhen, Guandong Province. The total investment quantum for the plant amounts to approximately RMB4 billion and the main contractor for this project is Ling Ow Nuclear Power Co. Ltd
With this project, we have broken new ground in the nuclear power plant water treatment segment. Nuclear power plants demand the highest and most stringent quality standards right through from its construction stages to completion. Securing this project clearly reflects our Company’s abilities and attests to the confidence our customers place in us.
Nuclear power presents a clean and safe way of supplying power, and also meets increasing high-tech and manufacturing needs in the PRC. To date, as this is still a niche market, our headstart in this market will enable us to explore future opportunities moving forward and position us for further growth in this arena.
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