Dehao Runda wins another order of 8.6 million US dollars LED street light in Thailand

Dehao Runda recently signed a "sales contract" with PEA Energy Co., Ltd. and KANTHAWICHIT ENGINEERING CO., LTD., and Dehao Runda will sell a number of Led Street Light products to KANTHAWICHIT with a contract value of USD 8.6 million. Combined with RMB 54.11 million). The two parties agreed to deliver the goods in three batches before October 30, 2012.

KANTHAWICHIT Engineering Co., Ltd. is one of the top five power engineering companies in Thailand and is headquartered in Bangkok with a team all over Thailand. To undertake all the installation and maintenance of the national electric power project in Thailand, and participate in the local government project bidding, and order the domestic factory to sell to the government department of Thailand. Now cooperate with Dehao Runda and PEA Energy Co., Ltd. to carry out comprehensive road lighting renovation projects in Thailand.

The signing of this sales contract is an important achievement of Dehao Runda LED energy-saving lighting products in the international market, especially in Southeast Asia. The contract amount accounts for about 276.16 million yuan of the company's 2011 annual operating income (unstated data, unaudited). The execution of the contract will increase the company's 2012 operating income and operating profit. In addition, if the street lamp products sold under the contract are approved by the Thai Electricity Authority, it will be possible to reach a follow-up supply agreement for LED street lamps, which will have a major positive impact on the company's development in the next few years.

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