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Industries International Obtains Capital Support >From State Ministry Of Science

January 14, 2004
Gadgets & Electronics

Industries International, Inc., a growing manufacturer and distributor of telephones, telecommunications-related technology and lithium batteries in China, today announced that its large-scaled Lithium Battery Testing System has obtained an initial government subsidy of $100,000 from China's Ministry of Science.

The subsidy will be used to help support Industries International's next generation testing system. The Technology Innovation Fund, under the management of the State Ministry of Science, is dedicated to support, through non-refundable investment or interest remedy against bank loans, the technology innovation of mid- and small-sized enterprises in China.

Tags: bank | battery | capital | China | distributor | fund | government | innovation | international | investment | lithium | loans | management | manufacturer | Science | subsidy | technology | telecommunications | testing

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