CTDC Reaffirms Commitment to Solar Projects Investment

China Technology Development Group Corporation CTDC announced today that the Company has reaffirmed its commitment to solar projects investment and plans to file its interim report for 2011 with the SEC by the end of August. "We are very pleased to have PricewaterhouseCoopers as our auditor for the past two years, which sets us apart from problematic companies in the China space," Zhenwei Lu, Chief Financial Officer of CTDC, said. "We are gaining traction on the investment and construction of solar parks in Italy as our business model is geared towards providing equity and loans for PV projects."