China Technology Development (CTDC) Receives $36M Credit Line from China Construction Bank
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China Technology Development Group Corporation (Nasdaq: CTDC) announced that the Company's wholly-owned subsidiary, China Merchants Zhangzhou Development Zone Trenda Solar Energy Ltd., has received a commitment of credit line up to $36,000,000 from China Construction Bank, a leading commercial bank in China.
Fujian Branch of China Construction Bank is providing this credit line to the Company, subject to certain terms and conditions, for expanding CTDC's existing manufacture facility in Xiamen Bay Solar City.
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China Technology Development is a provider of solar energy products and solutions in China focusing on a-Si thin-film technology.
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