CTDC Entered Into Up to 2.1GW PV Projects Cooperation Framework Agreements in August

HONG KONG, Sept. 7, 2012 -- China Technology Development

Group Corporation ("CTDC" or "the Company") (Nasdaq:CTDC), a growing clean
energy group that provides solar energy products and solutions, today
announced that it has entered into a number of cooperation framework
agreements with several PV industry players regarding cooperation on PV
projects with a total of 2.123GW capacity in the coming three years.

CTDC has been involved in conversations with several local and overseas
companies in the solar industry for the discussion of cooperation
opportunities on future solar power projects. Up to August 31, 2012, the
Company has signed a total of four cooperation framework agreements, details
of which have been listed below:

-- 973MW PV projects cooperation framework agreement with GCL-Poly Energy
Holdings Limited (HKG:3800) and China Merchants New Energy Holdings
Limited,
-- 200MW PV projects joint development agreement with Hareon Solar
Technology Company Limited (SHA:600401) and China Merchants New Energy
Holdings Limited,
-- 450MW PV projects cooperation framework agreement with Znshine PV-Tech
Company Limited and China Merchants New Energy Holdings Limited, and
-- 500MW PV projects cooperation framework agreement with Astronergy
Company Limited and China Merchants New Energy Holdings Limited.

Within the next 3 years, CTDC will take an intermediary role as a
coordinator among different parties for the upcoming PV projects and will be
remunerated for a commission fee based on the services provided.

Sean Liaw, President of the Company commented: "These activities are
expected to bring more diversified business opportunities to the Company and
we are looking forward to playing an important role in global solar project
development."

About CTDC:

CTDC is a fast growing clean energy group in China based in Hong Kong,
providing solar energy products and solutions to the global market under the
"LSP" brand. CTDC's major shareholder is China Merchants Group, a
state-owned conglomerate in China (http://www.cmhk.com).

For more information, please visit http://www.chinactdc.com.

Featured Product

Solar FlexRack - TDP Turnkey Tracker

Solar FlexRack - TDP Turnkey Tracker

Solar FlexRack TDP™ Turnkey Trackers are the next generation, single-axis solar tracker solution, complete with comprehensive services and support. What sets this tracking solution apart is its updated tracking technology bundled with a full suite of best-in-class project services and support for commercial and utility-scale solar customers. The TDP Turnkey Tracker offers the lowest total cost solution by providing the only tracker in the industry that includes full design, installation, commissioning, and support services bundled in one contract. Solar FlexRack's TDP Solar Tracker solution is supported by an in-house team of experts that includes mechanical, structural, civil, electrical and geotechnical engineers and geologists. To learn more about Solar FlexRack's TDP Turnkey Tracker, one of the most cost-effective and comprehensive tracker solutions available, please visit: http://solarflexrack.com/products/tracker.