China Power Technology Inc Stock

China Power Technology, Inc. (China Power) is a manufacturer of circulating fluidized bed (CFB), industrial boilers. China Power operates two business segments: manufacturing and installation and services. The Company’s subsidiaries include China Niceview Power Technology Limited (China Niceview), Hong Kong Niceview Power Technology Co., Limited (Hong Kong Niceview), Kaifeng Nice View Power Technology Co., Ltd. (Kaifeng Nice View), Henan Kaifeng Desheng Boiler Co., Ltd. (Desheng Boiler), Desheng Installation and Shandong Fuyuan Equipment Installation Co., Ltd (Fuyuan Installation). During the year ended December 31, 2010, it sold boilers with a total steam capacity of 4,861 tons/hour. It operates its industrial boiler manufacturing business through its subsidiary Desheng Boiler. On June 1, 2010, the Company acquired 100% interest of China Power Technology, Inc.