CIHD nice revenue doubling news for their snow-melting agent
Changda Snow Melt Agent Sales to Chinese Government Authorities Doubled
Press Release Source: Changda International Holdings On Thursday January 7, 2010, 8:00 am EST
WEIFANG, China--(BUSINESS WIRE)--Changda International Holdings (OTCBB: CIHD - News), the Weifang based specialty chemicals manufacturer, announces that its orders for snow melt agent from the Chinese Government bodies for the year 2009 have already doubled as of December 2009, compared to the year 2008.
The growth was caused by increased demand of existing customers and winning additional customers.
The company supplies various Chinese institutions such as road & highway maintenance authorities. After heavy snowstorms hit the country in 2008, the government puts heightened attention on reducing the impacts of snowfall and icy conditions on the population.
"Our product, innovation and quality make us a strong competitor in China for this product. Our success and continued presence since nearly a decade in the Japanese market further emphasizes that. With more infrastructure being built and service demand of this infrastructure moving towards 365 days a year, we believe that we will experience further strong growth in this sector." said HuaRan Zhu, General Manager of Changda’s Chemical Division.
Solid DD combined with timeliness and conviction is a recipe for profits.
Solid DD combined with timeliness and conviction is a recipe for profits.
