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In Aug. 2002, Shanghai MicroPowers Ltd. was jointly funded and established by China Shipping Industry Corporation, Shanghai Marine Diesel Engine Research Institute. The corporate business scope includes the following: design, research & development, production and sales of Stirling engines and other power sets using highly efficient clean energies; research & development, production and sales of electromechanical, energy-saving and environment-friendly equipment; provision of four types of technological services, including technological development, technology transfer, technical consultancy and technical services (including technical training and technical intermediate services).