Huawei 140 million renovation project to undertake

Thy billows shares (002325) announcement, May 25, the company received the letter of acceptance, become Huawei Technology Co., Ltd.-China Shenzhen Huawei New research Center Project Fine Decoration Subcontract Project successful bidder.　　This project uses lump sum contract method, the contract total price is 141 million yuan, the completion date is January 31, 2011.　　The project owner of Huawei Technology Co., Ltd. Main development, production, sales of PBX, data communication equipment and other products, system integration engineering, computer and ancillary equipment and related equipment and maintenance, technical advisory services, import and export business. The company said there was no correlation between the transaction. The Project contract amount accounts for the company 2009 audited total income 10.76%, this project execution does not affect the company business independence, has certain promotion function to the company management performance.