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Henan Tianli Electrical Equipment Co., Ltd. and GENERAL M (SINGAPORE) PTE Company of Turkey signed a framework strategic cooperation agreement for sales of transformer products and technology development. The estimated cooperation amount is $5 million in 2020, rising to $30 million per year by 2022.
“The two parties reached a consensus on the sales of transformer products, as well as the technology development and intelligent production of wind power, photovoltaic, and high and low voltage complete switchgear.”tltransformer.com
Summarized from public sources; check the original articles before acting on it.