The application of air purifier in office and at home is just started in China, and the market is still initiating, with a popularizing no more than 2%, while the number in American family is 28%, and 17% in Japan.
It predicted that the scale of the indoor air cleaning industry in China at present is up to RMB 30 billion. As the rapid development of atmospheric pollution controlling and indoor air cleaning industry in China, it is predicted that in the future years the air purifier market will keep a compound growth rate of 28% per year, from which we can see that there is great space for growth of air purifier industry in China.
We have signed cooperative agreement valued 100 million Canadian dollars with Cenith Air Inc. to introduce advanced air purifying technology from Canada for the production and marketing of various air purifiers, including individual air purifier, residential air purifier, commercial air purifier, institutional air purifier, and automobile air purifier.
Meanwhile, we have signed technology transfer agreement valued at RMB 200 million with Korea PSM Science and Technology Co., Ltd. to import its mature plasma air purifying technology for our plasma air purifier series, and the key of this series includes middle and large size commercial air purifier and industrial air purifier.
As the launching of ISOIEC-19794-5/ISOIEC-19794-6, the iris biometric system is gradually divided into 4 independent modules: hardware (including iris image capture), interface, software (including iris identification algorithm) and application. This project has imported advanced iris identification equipment and development technology from Korea, and established a full set of system based on the design and production of the software and hardware modules of the iris identification equipment.