Hello All,
My new alert from last night AJGH came out with news this morning.
This will help bring attention to AJGH.
The more people that find out about AJGH the better this stock could
do.
China is a HUGE market and GREEN companies are very popular these
days.
AJGH as I said last night develops, manufactures, and distributes
alcohol-based automobile fuel products in the People's Republic of
China.
Get ready to book profits with AJGH.
As always do your own research, use stop orders to protect
yourself, and book your profits when in a position to do so.
Good Investing,
Mark
Here is the news story.
Mar 12, 2010 7:00:00 AM
American Jianye Greentech Holdings, Inc. Builds New Clean Fuels
Production Plant in Northeast China
NEW YORK, March 12 /PRNewswire-FirstCall/ -- American Jianye
Greentech Holdings, Inc., (OTC Bulletin Board: AJGH) (the
"Company"), an alternative fuel company which develops,
manufactures, and distributes alcohol-based automobile fuel
products in the People's Republic of China, announced today that
its wholly owned operating company, Heilongjiang New Clean Fuels
Co., Ltd has opened an office and is completing the construction of
a new clean fuels production plant in the North Industrial Area,
Liaoning Province, Tieling City, China.
Heilongjiang New Clean Fuels manufactures alcohol-based fuels that
are approximately eighty-five percent alcohol and fifteen percent
gasoline or diesel, which can achieve high heat value and
low-carbon emissions effect. This product has been awarded a
national patent in China, and its advanced fuel blending technology
has gained the State Development and Reform Commission
acknowledgement.
The Tieling Industry Zone is an area of approximately 38.33 square
kilometers. American Jianye has control over approximately 80,000
square meters, with 4,000 square meters dedicated for a vehicle
conversion and a restructuring factory and 10,000 square meters for
an automobile clean fuel and civil use clean fuel blending and
production facility. The clean fuels facility will have the
capacity to produce 200,000 tons of blended fuels each year,
yielding approximately $100 net per ton.
"From this base of operations, the Company will not only be able to
produce a competitive and diversified product line, but we'll also
gain entry into central, eastern and southern China markets through
the Yingkou and Qinhuangdao Ports," stated Haipeng Wang, the
Company's President. "We intend to grow our business, in the coming
months and years, by expanding the business scope and scale to
include other diversified and specialized products."
About American Jianye Greentech Holdings, Inc.:
American Jianye Greentech Holdings, Inc. 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
http://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, Inc. 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.
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