Skil-Shimano renewed its sponsorship with its two partners for the next few years. Japanese component maker Shimano was re-signed for four years while Skil tools re-signed for three additional years.
The team said its objectives will be taking Chinese and Japanese racers to the Olympic Games in London in 2012.
"A participation in a three-work tour is another objective we could reach within the new sponsorship period," said Team Director Iwan Spekenbrink according to the AFP. Spekenbrink said his team's international efforts would be focussed in France, the Benelux countries and Germany.