Partnership Agreement
China Valves Technology Inc. of Kaifeng,
China, has signed a strategic partnership agreement with the Centre for Advanced
Photonics and Electronics (CAPE) at the University of Cambridge in the UK. Under
the agreement, it will become the sole member of the CAPE steering committee in
Greater China with the ability to veto any future new participants worldwide. In
addition, China Valves can access research and development resources at the University
of Cambridge through R&D projects in the fields of solid-state electronics and
nanoscale science; electronics; power and energy conversion; and photonics, sensors
and optoelectronics. The agreement is set in place for one year and will be automatically
renewed year by year for an additional one year period each time, unless terminated
earlier.
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