DEERFIELD BEACH, Fla., - (http://www.financialnewsmedia.com News Alert) CD International Enterprises, Inc. (\"CD International\") (OTC: CDII), a U.S.-based company that sources and distributes industrial commodities in China and the Americas and provides business and management corporate consulting services, announced today, CDI Shanghai Management Company, Ltd., a wholly owned subsidiary of CD International, has received authorization by Automation Division of Shanghai Electric Group Co., Ltd. (\"Shanghai Electric Group\") as a representative of business development in South America and Africa.
Shanghai Electric Group is a multinational power generation and electrical equipment manufacturing company headquartered in Shanghai, China. It has a long history, where one of its oldest subsidiaries was established before 1880. Shanghai Electric Group is engaged in the design, manufacture and sale of electrical industrial products including power generation equipment, power transmission and distribution equipment, transformers, switchgear, circuit breakers, transport equipment, machine tools, elevators, packaging and print machinery and environmental protection equipment. It is the world\'s largest manufacturer of steam turbines.
Dr. James Wang, Chairman and CEO of CD International commented in regards to receiving the authorization, \"The authorization to be a representative by one of the major Chinese manufacturing giants is a milestone in growing our consulting business in South America. Currently we are exploiting development of several projects with Automation Division of Shanghai Electric Group in the areas of construction of solar, wind and traditional power station in South American countries. We believe our diverse presence throughout South America gives our partners and clients a unique advantage in commercial transactions we manage through our local expertise and business networks in each country. We are looking forward to closely working with Shanghai Electric Group to develop a variety of projects in South America. We believe the successful development of a project will add substantial values for both our Company and our shareholders \"
About CD International Enterprises, Inc.
CD International Enterprises, Inc. (OTC: CDII), is a U.S.-based company...
$CDII News - CD International Enterprises Is Authorized as a Representative of Business Development in South America and Africa by Automation Division of Shanghai Electric Group Company
June 30, 2015 at 08:13 AM EDT
