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23 Dec 2013 10:45
23 December 2013
Gowin New Energy Group Limited
("GNE" or the "Company")
New Contract
The Company is pleased to announce that it has signed a new contract with Guizhou Guang Huan Xīn Lighting Technology Development Co., Ltd, part of the Guizhou provincial government, for the provision of 90W and 180W LED street lights. The total contract value is fixed at RMB51,300,000 (approximately £5 million) and is expected to be delivered over 12 months through to December 2014.
Chairman Garry Willinge commented: "The Company is delighted with this new contract which increases visibility on 2014 revenues. We see the awarding of this contract by Guizhou Bijie City as another example of Chinese government LED lighting projects choosing the Company's LED solutions on the basis of its reputation, quality and attractive cost of ownership characteristics."
For further information please visit www.gowinyichia.comor contact the following:
Garry Willinge | Gowin New Energy Group Limited | +852 9100 9972 |
James Caithie / Avi Robinson | Cairn Financial Advisers LLP | +44 20 7148 7900 |
David Scott / Fiona Kinghorn | Alexander David Securities Limited | +44 20 7448 9800 |
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