129773908987343750_16South in heavy industry and recently Brazil CarbinoxIndustriaeComercioLtda signed "Carbinox in Brazil for the South in heavy industry exclusive sales contract" year to year frame contract, South Carbinox heavy industry specified in the contract for the company's products in Brazil's sole agent, on behalf of the company in BrazilAccept all kinds of sales orders, handling customer complaints, advertising promotion
tera gold, and perform a variety of support services contract amount for each year in the Brazil market with annual sales of us $ 20 million (exchange rate of $ 6.3 per approximately 126 million RMB), contract a year and automatically updated each year to renew their contracts without changes. Under the contract, the contract amount is about 20 per cent ofAnnual sales income by 11, the performance of the contract on the company's revenues and profits for the year would have a positive impact, companies secure and expand Brazil market. The contract does not affect the independence of the company's business
tera power leveling, our main business does not exist due to performance of the contract and on the formation of parties rely on. Above contracts are framework agreements, if Brazil Government to the South in heavy industry productsImport restrictions, or company products prices in Brazil under the situation of market competitive
tera power leveling, more than the actual amount of sales may be up to 20 million dollars.
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