CTT Confirms China Engagement

24. October 2019
24. October 2019 CTT Admin

CTT has on October 24, 2019, agreed to sign a Letter of Intent (LOI) to establish a China-based Joint Venture (JV) with Yeman Industries (Holdings) Ltd. having their principal offices in Hong Kong. 

The JV will be located in the existing Yeman operational China-based offices in Yiaojiao (Beijing) and Changshu (Shanghai). As CTT’s financial and administrative facility centre, the JV in Hong Kong will be established.

The Beijing and Shanghai locations will be responsible for CTT sales, CTT marketing, CTT production of components, CTT technical installation commissioning as well as for after-sales services. 

In Changshu currently new office- and production facilities are under construction. These facilities are planned to be operational by mid-2020.  

Till that date, operations will be managed through the offices in Hong Kong and Beijing. 

Yeman offers a China-wide network with proven performance in different industries (among which the energy industry) while the current Yeman production outputs high-end machinery which is built according to European standards. A nation-wide network of both commercial and service staff rounds this package off into the perfect package, enabling the JV to rapidly build up the CTT China market presence in a highly efficient and effective way.



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Conscious Technology Transfer AG
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74 Boulevard d’Italie
98000 Monaco
Contact person: Mr. Gérard J. Peters

Peoples Republic of China

Hong Kong
Yeman Industries (Holdings) Ltd.
11/F., Greatmany Centre
109-115 Queen’s Road East
Hong Kong
Contact person: Mr Bill Lam

China | Beijing

Yeman Industries (Holdings) Ltd.
No. 734, Yingbin North Road
Yanjiao Economic and Technological Development Zone
Sanhe City
Hebei Province
People’s Republic of China
Contact person: Mr Bill Lam

China | Shanghai

Yeman Industries (Holdings) Ltd.
Wengjjazhuang Industrial Zone
Jiangsu Province
People’s Republic of China
Contact person: Mr Bill Lam

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