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Clean TeQ Water has signed a technology licensing agreement with BEIE, a subsidiary of Beijing Enterprises Water Group, allowing BEIE to use Clean TeQ's water treatment technologies in China. Clean TeQ will receive a fixed royalty prepayment of $400K and a 4% annual royalty from year 3.
“Clean TeQ Water has signed a technology licencing agreement with environmental engineering company, Beijing Enterprises Industrial Environment Technology Ltd., Co (BEIE).”cleanteqwater.com
Summarized from public sources; check the original articles before acting on it.