China Information Technology, Inc. announced that it has entered into a contract for the sale of 5,000 CNIT cloud-based ad terminals to be installed in office buildings, residential communities, shopping malls and various outdoor locations throughout Hebei, a province in the North China region, and Liaoning, a province in Northeast China. Signed with advertising agency Beijing Taoping IoT Technology Limited, the contract is expected to generate sales and service revenue to the company of about $1.5 million.