Friday, April 04, 2008 6:05:24 PM
MOUNTAIN VIEW, CA--(MARKET WIRE)--Jan 8, 2007 -- TTCM China, Inc. (Other OTC:TTCH.PK - News), a leading producer and supplier of glass-reinforced plastic pipes, today announced that they have signed a contract worth $15.4 million with Dong-Wan City, Yue-Dong, GuangDong Province, and that the project is in a "work-in-progress" phase. The contract is a part of the company's southern strategy to penetrate the market place in the fastest growing southern regions of China, including the Guang Dong Province surrounding Hong Kong.
Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, "It is the strategy of the Company to move forward in expanding its business in the southern and southeastern regions of China where the economic growth is even faster than the rest of the country. The contract is the largest contract in the company's history. Once again it proves that there is growing demand for our pipes in China, particularly to provide water to rapidly growing areas as well as flood control systems. Because our pipes are more lightweight and cost efficient than other conventional types, they are suitable for large-scale projects such as this one in Guang Dong Province in south China where many heavy industries are concentrated."
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TTCM China Reports Additional Order Worth $12.8 Million for Work-in-Progress
MOUNTAIN VIEW, CA-(MARKET WIRE)-Jan. 16, 2007--TTCM China, Inc., (Other OTC:TTCH.PK – News), a leading producer and supplier of glass-reinforced plastic pipes, today announced that they have signed a contract worth $12.8 million from Cuong-Dong Jhe-Nan of FuJian-JheJiang Provinces and the project is partially completed and the balance is a Work-in-Progress.
The contract is a part of the company’s southern strategy to penetrate the marketplace in the fastest growing southern regions including Fujian, Guang-Dong and ZheJiang Provinces.
Mr. Jiqun Wang, Founder and Chairman of TTCM China, said, “This is the strategy of the Company to move forward in expanding with its business in the southern and southeastern regions where the economic growth is even faster than the rest of the country. The contract is another indication of growing demand for our high-tech pipes in China, particularly to provide water to rapidly growing areas as well as the flood control systems. Because our pipes are more lightweight and cost efficient, they are suitable for large-scale projects such as this one in FuJian-JheJiang Provinces in the southern region of China where many heavy industries are concentrated."
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