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By EN3-Team

EN3 Agrees on Sales Partnership with Company in China

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Public

 

Dear Companists,

We are pleased to announce today that we have come to a sales agreement with a German partner that has been active on the Chinese market with its targeted, sustainable, and legitimate strategy for years.

This partner will establish long-lasting contacts in China in the context of a purely success-based agreement.

 

Weekly Requests from China

Even though we are still a young company, we have decided to take this step because we have been receiving requests from China almost every week ever since we received our patents for this market (read more on our patents here).

 

Development and Production of Core Components in Germany

Please note that we still intend to develop and produce our EN3 core components (the expander and the control unit) solely in Germany.

However, to further optimize the production cost of the entire system and of its standard components, a partnership with a Chinese company may be very helpful. Indeed, interest in companies from the areas of mechanical engineering and clean tech is still very high in China, for instance because of the environmental problems this huge market is facing. Such a reduction of cost would also be interesting in light of the EN3 system we will soon put into operation in a biogas plant and in light of the potential installation of 40 identical systems in Germany (see our update from last week). 

At this point, all parties involved have agreed on absolute confidentiality.

 

Best regards,

The EN3 team



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Contact Details
EN3 GmbH
Hansestr. 21
18182 Bentwisch
Germany

Email: investor-relations@en3-powersystems.de
Website: www.en3-gmbh.de
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The acquisition of this asset involves considerable risks and can lead to the complete loss of the assets used.

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