RFT 12.5% 0.7¢ rectifier technologies ltd

RFT and Yimikang Agrement

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    A link to the RFT / Yimikang share purchase and cooperation agreement (dated 19 December 2013):

    http://translate.googleusercontent.c...B4hSLSch58bpPw

    Translation is a bit dodgy. Have copied some of the key paragraphs below (with some minor amendments to correct translation issues. Yimikang is referred to as Micon)

    Bascially it states, that RFT tech is essential for Yimikang. RFT technology is world leading and has already been licensed through 180 licensing deals. It identifies a number of potential customers who may use the RFT/Yimikang combined product.

    Copies of paragraphs below:
    ---------------------------------------------------------------
    The Target Company (RFT) has a world leader switching power supply technology research and development team, a team Members include founder Mr.Valentino Francesco Vescovi ( is now a director) and technology leaders Mr.Nigel Machin (is now chief engineer), including 15 R & D team.

    RFT R & D team has successfully developed the world upper bound of the first 200A-12KW switching power supply, and a wide range of applications in the telecommunications industry; successfully developed a series of dozens of RT, Including various models, specifications rectifier switching power supply, control systems, battery management systems;

    Part of technology transfer contracts signed with more than 60 Foreign company, involving more than 180 technology licensing, technology licensing company to buy RT manufacturers throughout Asia, Europe, AmericaAsia, Africa and Australia native, use the company's technology permits the production of RFT power products covering almost every corner of the world.

    Active in China since the early nineties communication power supply market, there are many companies that are directly or indirectly benefit from the company's RFT Technology transfer, such as CIMIC (Delta), Putian, Wuhan Intercontinental, Pearl telecommunications, Shenyang AMVIG letter, Asia and Macao, Wuhan able to create, Datang Telecom and so on.

    Implementation of the project will make Yimikang (=Micon):

    *more efficient, convenient, low cost switching power absorption using RFT's technology development and research, thereby expanding by Micon Precision Environmental aspects related products and services technology involved, upgrade according to meters Kang s professional and technical capacity.

    *contribute to the expansion by Micon product applications, synergy present by Micon users mainly in the telecommunications, health care, finance, transportation, energy, manufacturing, and other industries in the data centerand government departments, and the high pressure DC power supply (HVDC) applications

    *After the implementation of the project, according to Micon said users will have the ability to provide a leading technology , high efficiency and cost advantages of high voltage DC power supply (HVDC), thereby expanding by Micon product applications; simultaneously with by Micon existing products and services business synergies to further enhance by Micon 's share marketturnover.

    *helps improve by Micon scale, thereby enhancing the profitability of applied research from 2007 until the beginning of the domestic high-voltage DC power supply (HVDC), the late start. With the depth of information construction into development, as well as substantive advance, high standards, green room and data center construction market demand national energy policy even stronger.Room and data center energy efficiency, low operating costs, high reliability requirements of the building, will be rectified with high efficiency, high power density, good product stability and product cost-effective high-voltage DC power supply (HVDC) a huge market opportunity .

    Bid high voltage DC power supply (HVDC) a huge market opportunity, according to Hui Dian research report 2012 China High Voltage Direct Uninterrupted flow systems market size of about 100 million yuan, is expected to reach 2.5 billion yuan in 2015 market capacity.

    China started late HVDC power technology, the overall level and there is a great gap compared to foreign technology, from the overall product On taste and product quality, reliability, it is still a long way to go. Currently on the market is the field of communication to promote high Voltage DC power supply applications, especially since 2007, China Telecom launched high-voltage DC power technology research and in 2011 the Products included in the centralized purchasing, while others, such as finance, electricity, broadcasting, transport, defense, scientific research and other applications in the field of marketing. Rapid progress has yet to be expanded. But the high-voltage DC power supply (HVDC) alternative to AC UPS is an inevitable trend, because the product Life cycle is now in the initial stage, the current cut is more appropriate timing, the first intervention to seize the market and technology companies will be Machine, is conducive to the formation of their own competitive advantage. , the implementation of the project, according to Micon will work closely with the RFT to participate in China's rapid communications, data centers, etc.
    The high-voltage DC power supply market segments (HVDC) market competition, sharing high-voltage DC power supply (HVDC) rapidly expanding market
 
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