News from China: Duyunov’s Technology Got Support of Weihai Department
We have recently got great news: Duyunov’s technology got support of Weihai Department and was included in the programme of Weihai innovative Hi-tech Park.
What opportunities does it offer for the company?
We will get support on the governmental level. And that, first of all, means that we don’t need to worry about China copying our inventions, since property and copyright law enforcement is very strict in this country and breaching these laws can entail a considerable fine or even criminal liability.
Now not only the Chinese competitors but the West too will have to put up with and acknowledge the existence of such a powerful project.
In case of further successful partnership with China all development activities and orders will be made through “SovElMash”. The Customer will be able to either organize their own production using our license or purchase end products from Russia.
And these are really tremendous plans, no other company (for instance, Simens) can offer such conditions.
At the moment Victor Arestov has partnership relations in China with Denzel and the representatives of the Chinese party.
This partnership will be documented in a license agreement with “SovElMash” which stipulates making all the required royalty payments, since “SovElMash” gives the license for producing DA-90 combined winding motor.
We are grateful to Victor Arestov for the completed work. Follow the news!