American Jianye Greentech Ltd. President to Present At China-Korea Green Economic Cooperation Forum

NEW YORK, May 27 /PRNewswire-FirstCall/ -- American Jianye Greentech Holdings Ltd. (OTC Bulletin Board: AJGH) (the "Company"), which is engaged in the business of developing, manufacturing and distributing alcohol-based automobile fuel products in the People's Republic of China, manufactured by their affiliate Zhao Dong Jianye Fuel Co., Ltd. ("Zhao Dong"), announced today that its President, Mr. Hapeing Wang will be speaking at the first ever China-Korea Green Economic Cooperation Forum being held in Seoul, South Korea on Friday, May 28, 2010.

China Premier Mr. Wen Jiabao, Korea President Mr. Lee Myung-bak, and Japan Prime Minister Yukio Hatoyama will all deliver speeches at the conference, pledging their support for the development of green energy technologies and the establishment of new markets for the green industry. They will also be discussing new laws and systems improvement programs. Both Korea and China are expected to sign a Memo of Understanding (MOU) at the end of the forum. Mr. Wang will be addressing the forum, speaking on the Company's recently announced plans to build a new green fuel, waste conversion facility in Fujian Province, China.

Mr. Hapeing Wang, President of American Jianye, commented, "I am very proud to be invited to speak at such a historical event. We hope this forum brings more awareness to the importance of green technologies and begins the process of establishing marketing strategies and protocols for the development of the green industry."

About American Jianye Holdings: 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.

Forward looking statement: This press release contains forward-looking statements that reflect the Company's current expectation regarding future events. Actual events could differ materially and substantially from those projected herein and depend on a number of factors. Certain statements in this release, and other written or oral statements made by American Jianye Greentech Holdings, Ltd. are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. Important factors that could cause actual results to differ materially from the company's expectations include, but are not limited to, those factors that are disclosed under the heading "Risk Factors" and elsewhere in documents filed by the company with the United States Securities and Exchange Commission and other regulatory authorities.

SOURCE American Jianye Greentech Holdings Ltd.