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Article Excerpt
XI'AN, China, Oct. 5 /PRNewswire-Asia-FirstCall/ -- China Power Equipment, Inc. ("China Power Equipment," OTC: CPQQ), the manufacturer of a new generation of energy saving electric transformers and transformer cores in the People's Republic of China, today announced that its Chairman, Mr. Yongxing Song, met on September 22, 2009 with the management of Advanced Technology & Materials Co., Ltd. ("AT&M", SZSE:000969), a world-leading high technology enterprise engaged in the development, manufacture, and sale of high tech materials and related products.
The two companies discussed a possible sourcing arrangement for AT&M's amorphous alloy that could be used in making China Power Equipment's high- efficiency electric transformer cores and transformers.
Mr. Yongxing Song, Chairman of China Power Equipment, said, "We are very pleased to have been colleagues with AT&M from time to time during the past...
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