China Technology Announces Entry to the Solar Energy Sector

China Technology Announces Entry to the Solar Energy Sector

September 07, 2007

    HONG KONG, Sept. 7 /Xinhua-PRNewswire/ -- China
Technology Development Group Corporation (Nasdaq: CTDC;
"CTDC" or the "Company") today
announced the new business strategy of entering the booming
solar energy sector.  With strong government commitment to
significantly increase China's use of renewable energy in
the coming decades and rising energy demand, CTDC strongly
believes the new business strategy will deliver shareholder
value and higher earnings potential for the Company. 

    The new business strategy has received the board's
approval and strong endorsement from China Merchants Group
("China Merchants"), which is currently the
Company's largest shareholder and one of the major Chinese
state-owned conglomerate enterprises as well as one of the
Big Four Chinese enterprises in Hong Kong.  The Company
will be holding the Annual General Meeting in October, 2007
to obtain the shareholders' approval.

    In order to implement this new strategy, the Company
has established a strategic partnership with a leading
solar energy solution provider.  The Company will introduce
the technology developed by Terra Solar Global Inc., which
is a U.S company pioneering in thin film Photovoltaics (the
"Thin Film PV") industry.  The Company will
manufacture and sell the proprietary SnO2 base plate, a key
component of a-Si (Amorphous Si) Thin Film PV products,
which can optimize the performance of Building Integrated
Photovoltaics (BIPV).  Most importantly, the Company has
become the first and only Chinese company based in China to
apply this new generation technology, which is currently one
of the leading technologies in the Thin Film PV industry.

    Mr. Alan Li, Chairman and Chief Executive Officer of
the Company, stated, "As the sole NASDAQ-listed
subsidiary of China Merchants, we are committed to
enhancing the profitability and maximizing the
return-on-equity for our shareholders." 

    He also added, "We want to be in an industry that
has tremendous growth potential. With strong support from
our major shareholders, we are determined to build up a
leading position in the renewable energy sector in the near
future."

    About CTDC:

    CTDC is engaged in information network security in the
People's Republic of China.  CTDC's ultimate principal
shareholder is China Merchants Group (www.cmhk.com ), one
of the most important Chinese state-owned enterprises in
China. For more information, please visit our website at
www.chinactdc.com .

    Forward-Looking Statement Disclosure:

    This press release of the Company, which is a foreign
private issuer, on Form 6-K contains forward-looking
statements within the meaning of Section 27A of the
Securities Act of 1933, and Section 21E of the Securities
Act of 1934. These statements relate to future events or
the Company's future financial performance.  The Company
has attempted to identify forward-looking statements by
terminology including "anticipates",
"believes", "expects", "can",
"continue", "could",
"estimates", "expects",
"intends", "may", "plans",
"potential", "predict",
"should", or "will" or the negative of
these terms or other comparable terminology. These
statements are only predictions, uncertainties and other
factors may cause the Company's actual results, level of
activity, performance or achievements to be materially
different from any future results, level of activity,
performance or achievements expressed or implied by these
forward-looking statements.  The information in this Report
on Form 6-K is not intended to project future performance of
the Company. Although the Company believes that the
expectations reflected in the forward-looking statements
are reasonable, the Company does not guarantee future
results, level of activity, performance or achievements. 
The Company's expectations are as of the date this Form 6-K
is filed, and the Company does not intend to update any of
the forward-looking statements after the date this Report
on Form 6-K is filed to conform these statements to actual
results, unless required by law.


    For more information, please contact: 

    China Technology Development Group Corporation
     Alan Li
     Chief Executive Officer
     Tel:   [phone]
     Email: [e-mail]