China Information Technology Updates Investors On Its Progress Of Selling Its Manufacturing Facility

CNIT Update on Manufacturing Facility Sale Progress.By the end of February 2015, the Company has collected RMB 100.0 million (approximately US$16.13 million) of non-refundable down payment. By the end of April 2015, the Company has transferred all risks and responsibilities of managing and maintaining the property to the Buyer.

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www.prnewswire.com/news-releases/cnit-update-on-manufacturing-facility-sale-progress-300108171.html