SVA electrical and U.S. Advanced Energy signed a joint development agreement inverter

Cooperation with international manufacturers, the good news broadcasting Electric (601,616) yesterday, a strong limit. Radio Electric limit quickly after opening yesterday, midway opens briefly soon after they sealed daily limit, to close at 5.13 yuan.

Radio Electric yesterday announced that the company recently with the U.S. Advanced Energy Corporation (hereinafter referred to as "AE Company") entered into a joint product development agreement to develop for the Asian and other emerging markets in the Apollo series solar grid inverter.

Under the agreement, will be responsible for broadcasting electrical business in China, AE will be responsible for operations outside China. Agreement contains cross-licensing of technology, joint development of technology, co-branding, as well as radio and television Electric AE OEM overseas markets and many other aspects.

Notice indicates, AE is North America's largest solar grid inverter supplier of renewable energy solutions into a global leader, particularly in the thin-film manufacturing and solar energy regeneration Previously, broadcasting AE Electrical and U.S. companies have been jointly develop the Chinese solar PV market. The company said the agreement to fulfill the operating results in future years will have a positive impact.

Datong Securities Investment Consulting Fu Yong Chong believes that the overall trend of weak electrical broadcasting, results up sharply, it is the overall situation is not very good, but with the international manufacturers to the company benefits more obvious. He also pointed out that the solar powerinverter is inside a component involved.

Europe in the last two years, a corresponding reduction in the subsidies for solar power piece, at least from last year's overall situation, the overall solar industry, including such components sales and prices are not particularly good, medium and long term may also be there are variables, short term by the news, radio and television will have a positive electrical reaction on the share price.