Jun 2 2008
American Nano Silicon Technologies, Inc. announced the signing of a sales contract with Chongqing General Trading Group, under which American Nano Silicon Technologies will produce and deliver 20,000 tons of Micro-Nano Silicon from May 1st, 2008 to April 30th, 2009. The contract price for the Micro-Nano Silicon is around $425 per ton.
The sales contract also requires that Chongqing General Trading Group provide around $150,000 dollar worth of raw materials to American Nano Silicon Technologies each month. Chongqing General Trading Group ranked the 270th of China's Top 500 Enterprises and the 3rd of China's Top Business Retail Enterprises in 2007.
"We are pleased and honored to sign the $8.5 million sales contract with Chongqing General Trading Group. It is a milestone toward our Company's mission to develop more and more creative products to meet the needs of our customers," said Mr. Fachun Pu, Chairman of the Company.