Electronic joint venture with China signed

Tuesday, 04 May, 2004

Rectifier Technologies has recently signed an agreement with the Wuhan Putian Telecom Equipment Group that will see Victorian designed rectifiers being used under licence in China.

The signing was witnessed by the Parliamentary Secretary for Innovation and Industry, the Hon Matt Viney MLC. This licensed manufacturing agreement is the fifth such contract signed between the two companies and will result in Wuhan Putian using the innovative RT7 rectifier module in China. Additionally, Rectifier Technologies will perform new and redesign work for Wuhan Putian in Victoria. Rectifier Technologies is a manufacturer of telecom power products and has licensed manufacturing agreements with companies in 14 countries.

The Chinese Putian Group was established in 1980 and ranks 10th amongst companies in China in terms of revenue. It comprises one holding company and 54 subsidiaries and specialises in manufacturing telecom systems and equipment. A wide range of other Victorian firms will also benefit from supplying goods and services to Wuhan Putian as a direct spin-off from the agreement.

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