AJ Greentech and Dalei Auto Group Will Work in Collaboration to Manufacture Components for Energy Efficient Electric Railroad Systems to Bring Renewable Mass Transportation to New Levels
OTC:BB:AJGH
01/12/2015 [ACCESSWIRE]
SHENZHEN, CHINA and NEW YORK, NY / ACCESSWIRE / January 12, 2015 / AJ Greentech Holdings, Ltd. (OTCQB: AJGH), a leading developer, manufacturer and distributor of green energy, announced today that it has reached a manufacturing agreement with Dalei Auto Group, an industry leader in the field of motor vehicle research and development, which has led to it being the recipient of the National Science and Technology Progress Award in the area of auto detection.
Per the agreement, AJ and Dalei Auto Group will jointly design and manufacture components for energy efficient electric railroad systems. With a prior history of collaboration and the strong backgrounds of both companies in R&D, the combined resources will allow for pioneering innovation in railroads that are environmentally friendly and still function at a high value. Having already generated success in the industry, this move into implementing renewable energy technology into mass transportation signifies the remarkable direction these companies are moving in.
Ms. Chu Li An, Chief Executive Officer, commented, "Our previous work with Dalei is a testament to the quality of our relationship and work ethic. We believe that the strong technology background of Dalei combined with the market presence and research capabilities of American Jianye will push us even further towards our goal of making renewable energy a universal presence. As we have capitalized on the energy efficient vehicles, it would only make sense that we would take the next step in moving towards railroads and making renewable energy the only option for those mass transportation commuters."
About Dalei Auto Group:
Dalei Group is one of the biggest manufacturers and suppliers of motor vehicle detection equipment, computer control systems and industry software products in China. It is the Shenzhen high and new-technology industry company, Shenzhen software company. The only national company won National Science and Technology Progress Award in auto detection industry. Since 1989, Dalei has always been committed to motor vehicle detection and the research, development, production and sales of maintenance equipment. Dalei has established many national and provincial auto detection stations which total more than 10,000. Dalei has participated in the setting of industry and national standards. The detection and maintenance products manufactured by Dalei have won more than ten national patents and computer software copyrights. Those products have been recommended by the transport and police ministry. The turnover is ranked at the forefront year after year. The company is comprised of a 40-person R&D team, made up of industry experts and high level engineers. Additional information about the company is available at: www.daleigroup.com.
About AJ Greentech Holdings:
AJ Greentech Holdings is a full-service environmental technologies and R&D firm dedicated to providing innovative solutions to communities, industries and governments addressing the issues of green energy, environmental protection and sustainability. It offers innovative solutions for Green Transportation, Green Energy and Sustainability. AJ Greentech integrates its own native advanced technologies along with third-party technologies and systems to provide its customers with the most effective and economical solutions. Additional information about the company is available at: www.ajgreentech.com.
Forward-Looking Statements:
This release contains certain "forward-looking statements" relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
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AJ Greentech Holdings Ltd.
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