On September 30, 2007, China Haisum signed a thermal power plant EPC contract with Hop Fung Green Forest (Qing Xin) Paper Industrial Limited.
As is agreed in the contract, our company will undertake major equipment procurement, installation and commissioning work of the above-mentioned project, with a total price of 10,100 10,000 Yuan and the construction period (tentative) for 10 months since the date when the contract is signed.
Hop Fung Green Forest (Qing Xin) Paper Industrial Limited is affiliated by Hop Fung Group Holding Limited (Hong Kong Stock Exchange listed company, stock code named 2320), which is a large-scale paper making enterprise. It has also been our long-term client.