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OTCPicks Featured Company: China Technology Development Group Corporation (CTDC) Completes Testing of Production Line

A subsidiary of China Technology Development Group Corporation (NASD: CTDC), China Merchants Zhangzhou Development Zone Trenda Solar Energy Ltd., has concluded testing on their first SnO2 production line. Beginning in June it will be this line that will operate the pilot production of the solar base plates. SnO2 is a specific type of transparent conductive oxide substrate of amorphous silicon (a-Si), or thin film solar cells. This film helps enhance the performance of Building Integrated Photovoltaics (BIPV).

Over the past several month engineers from the company as well as partnering companies, Terra Solar and China Solar, have been carefully working on the manufacturing techniques to optimize the energy efficiency and cut down production cost of the SnO2 base plate product. The company is anticipating full production within six months.

Alan Li, Chairman and CEO of CTDC, said, “We are delighted to announce the test completion of the first production line and are excited about the upcoming milestones according to our expansion plan. The test completion timeline of the first production line is consistent with the Company’s strategy plan announced in December of 2007. We have initiated meetings with our potential customers concerning our product availability and delivery schedule. We are confident that our final product will be well qualified and competitive to meet the increasing demands for our product in the upcoming months.”

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