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Basic agreement with Chongqing Chuanyi Automation regarding Ambient Air Analyzer sales and technology collaboration

22/03/2016

Basic agreement with Chongqing Chuanyi Automation regarding Ambient Air Analyzer sales and technology collaboration

DKK-TOA has made an agreement with Chinese state-owned leading analytical instrument manufacturer,
"Chongqing Chuanyi Automation Co., Ltd." (Headquarters:Chongqing City) regarding Ambient Air Analyzer sales and technology collaboration. The signing ceremony was conducted in March 14, 2016 in Chongqing City.

The attendees:
Foreign Affairs Section, Chongqing Municipal Economic Commision
Chongqing Municipal Environmental Protection Bureau
JETRO
Japan-China Economic Association

Due to stricter restrictions on air pollution such as PM2.5, the demand for Ambient Air Analyzer in China is increasingly expected. Last year in November, DKK-TOA acquired the Chinese national certification of PM2.5 Analyzer, and has been searching for companies to tie-up with for sales in China. Under such circumstances, DKK-TOA has reached the conclusion to form a basic agreement with Chongqing Chuanyi Automation which has powerful sales network around China with excellent technology and service capability.

Since there are difference in the analytical instrument standard between those in China and Japan, DKK-TOA will sell the analytical instruments manufactured in its factory in Japan and Chongqing Chuanyi Automtion will sell the products in accordance with the Chinese standard. In a few years, the two companies are planning to collaborate in R&D, and manufacture in China. In 3 to 5 years, annual sales of JPY 500 million to 1 billion is expected.

Information on Chongqing Chuanyi Automation Co.,Ltd. (As of 2015, 1 CNY converted to 18 JPY)
Location of head office: No.61 Huangshan Ave., New North Zone, Chongqing
Capital: JPY 7.11 billion
Number of employees: 4,447
Sales: JPY 55.44 billion
Profit: JPY 3.15 billion

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