Sancon signs Largest Computer Manufacturer in China
Largest Personal Computer Manufacturer in China Selects Sancon To Collect and Process Waste Packaging Materials From New Computer Deliveries and Installations in Country
Wednesday August 13, 9:48 am ET
Milestone Agreement Reflects Growing Trend in China to Become Environmentally Conscious
SHANGHAI, China--(BUSINESS WIRE)--Sancon Resources Recovery, Inc. (OTCBB:SRRY - News), a rapidly growing environmental services and waste recycling company, with operations in both China and Australia, announced today that it has entered into an agreement with China’s largest manufacturer of personal computers to collect and process all waste packaging materials resulting from the delivery and installation of computers at all of its corporate clients in China. Sancon will provide on-site collection of the materials, and recycle the waste packaging into reusable packaging materials. The computer maker will also share the profit from the sale of the recycled materials.
“We are excited to enter into this milestone agreement, under which we will work with one of the world’s largest and most prestigious manufacturers of computers to turn surplus packaging into reusable packaging materials,” said Jack Chen, Sancon’s Chief Executive Officer. “The opportunity in China is substantial, as sales of computers continue to grow at a double-digit annual rate. We believe this agreement reflects a trend, endorsed by the Chinese government, to become more environmentally responsible through recycling. We believe Sancon Resources Recovery is uniquely positioned to capitalize on these opportunities.”
About Sancon Resources Recovery Inc
Sancon Resources Recovery, Inc. is an environmental service and waste management company that operates recycling facilities in China and Australia. Sancon specializes in the collection and recovery of industrial and commercial solid wastes such as plastic, paper, cardboard, and glass. The recycled materials are re-used by Sancon's manufacturing customers in China to make a wide variety of new products including outdoor furniture, construction materials, building materials, road surface, and various new products. Sancon's China operation is licensed by the Chinese government for waste management services, and is certified with ISO 9001 and ISO14001 standards. For more information please visit: www.sanconinc.com.
Forward-looking statements:
The statements made in this press release, which are not historical facts, may contain certain forward-looking statements concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement.
Contact:
CEOcast, Inc. for Sancon Resources Recovery, Inc.
Dan Schustack, 212-732-4300
dschustack@ceocast.com
or
Sancon Resources Recovery, Inc.
Jack Chen, +86 21 5284 3310 (CEO)
info@sanconinc.com
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