Science and land Electronics (002121) announced that the holding subsidiary Shenzhen-LU Inverter Co., Ltd. and Green Resoureces Group Limited signed a grid-connected PV Inverter sales contract, The total contract amount of 15.826 million U.S. dollars, equivalent to RMB 105 million yuan, accounting for the company 2009 annual operating income of 24.22%. It is reported that the Division and land inverter in 2010 successfully developed a new generation of grid-connected photovoltaic inverter, breaking the long-term technology monopoly of foreign enterprises market situation. The buyer of the contract is an Australian public company dedicated to providing solar photovoltaic products and systems integration solutions. The company said that the signing of the contract for the company to enter the new energy photovoltaic industry has pioneering significance. The fulfillment of the contract will help to consolidate and enlarge the company's share in overseas market and further enhance its influence in the international market. At the same time, the implementation of the contract will greatly increase the division of land Conversion 2011 years of operating income and operating profit, will also be the company's 2011 overall operating performance has a positive impact.
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