China Sun Group High Tech Co. (OTC:CSH) has announced the formation of new alliances within the academic and government sectors. The alliances pertain to the commercialization of the company’s green battery component, lithium iron phosphate. The company has received $87,900 from the Municpal Government of Dalian as a technology subsidy. CSH has also signed a University-Entity Cooperation Contract with Dailain Jiaotong University for the development of products for the new energy industry.
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China Sun Group High Tech Co produces, and sells cobaltosic oxide and lithium cobalt oxide through its operating subsidiaries in the Peoples Republic of China. Its products are anode materials used in lithium ion rechargeable batteries. As of May 31, 2009, the company only operates under Dalian Xinyang High Tech Development Co. Ltd.
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