In the evening of July 6, Shenzhen Aoto Electronics Co., Ltd. (Aoto
Electronics) announced that, due to the recent expiration of the
partnership agreement signed on November 12, 2012 with CNC Holdings
Limited (CNC Holdings), Aoto Electronic signed a supplementary contact
with CNC Holding's wholly-owned subsidiary Shenzhen CNCTV Cultural
Development Co., Ltd on November 12, 2012 to further the cooperation.
The contract is worth RMB 12.25 million.
The original contract received a one-year extension. According to the
contract, AOTO will supply CNC large LED displays to be installed in
more than hundreds landmark across the Chinese mainland.
CNC Holdings Limited is part of Xinhua's ambition to build a multimedia press institution. The network LED Display project is a significant progress for CNC to extend their business to outdoor media.
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Source:
http://en.ofweek.com/news/AOTO-expands-partnership-with-CNC-Holdings-for-LED-Display-network-14554
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