Furtel installed 2013 net profit doubled 234 million yuan

On January 29, 2014, Furtelite published the 2013 annual report. In 2013, the company achieved operating income of 2,052,232,952.00 yuan, an increase of 64.78% compared to the same period in 2012; operating profit of 259,350,384.15 yuan, compared to In the same period of 2012, the growth rate was 104.78%; the net profit attributable to the owners of the parent company was 233,752,404.08 yuan, an increase of 105.46% over the same period in 2012.

On the same day, the company announced that the company plans to jointly invest with Bennett Overseas Ventures to establish a joint venture company Zhangjiagang Fortune New Energy Systems Co., Ltd. to design, manufacture, sell, and service the refueling (oil) machines needed for CNG and LNG refueling (oil) stations. The total investment of the joint venture company is 12 million U.S. dollars, of which the company contributes 6 million U.S. dollars in its own currency; Bennett company invests 6 million U.S. dollars in monetary funds; the registered capital of the joint venture company is 5 million U.S. dollars, and the company subscribes for registered capital of 2.5 million U.S. dollars, accounting for With 50% of the registered capital of the joint venture, Bennett subscribes for a registered capital of US$2.5 million, which represents 50% of the registered capital of the joint venture company.

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