American Jianye Greentech Holdings, Ltd. Expands Retail Fuel Distribution Network
NEW YORK, May 18 /PRNewswire-FirstCall/ -- American Jianye Greentech Holdings, Ltd. (OTC Bulletin Board: AJGH) (the "Company"), a developer, manufacturer and distributor of alcohol-based automobile fuel products in the Peoples Republic of China, announced today that the Laibin Municipal Government in Guangxi Province, China, in cooperation with American Jianye Greentech Holdings, has agreed to open four new retail gas stations in Guangxi, which will exclusively distribute the clean fuel products produced by the Company's wholly owned subsidiary, Heilongjiang New Clean Fuel Co.
Mr. Haipeng Wang, President of American Jianye Greentech Holdings, commented, "We are very excited to have recently gained the support of the Laibin government in Guangxi which will help us accelerate the expansion of our distribution network in that market. With the support of the local government, our company can now expect a new aggressive level of development and promotion in the Guangxi Province which should help us achieve our revenue and profit goals."
About American Jianye Greentech Holdings, Ltd.: American Jianye Greentech Holdings, Ltd. is an alternative fuel company that develops, manufactures, and distributes alcohol-based automobile fuel products in the People's Republic of China. The Company's products are designed to function as a lower-cost, more environmentally friendly alternative to conventional gasoline-based auto fuel. For more information about AJGH, please visit www.americanjianyegroup.com.
Safe Harbor Statement: Certain statements in this press release constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. The forward-looking statements are subject to risks and uncertainties including, without limitation, changes in levels of competition, possible loss of customers, and the company's ability to attract and retain key personnel.
For more information please contact: |
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Hanover Financial Services |
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Ronald Blekicki |
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1-303-494-3617 |
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SOURCE American Jianye Greentech Holdings, Ltd.
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