China Zongbao Clean Tech Ltd.
China Zongbao signs agreements for sale of organic fertilizers to Longkou
China Zongbao Clean Tech Ltd. / Key word(s): Development of Sales China Zongbao signs agreements for sale of organic fertilizers to Longkou Caoxianguang Limited and Laiyang Fenghezhibao Limited, bringing revenue to Euro 3 Mio
China Zongbao Clean Tech Limited (ZEC, the Frankfurt Open Market Listed Company) (the 'Company') has patented technology in China recycling solid waste to produce high yield organic fertilizers within a record time. The Company is pleased to announce a contract to sell and deliver 500 tons of organic fertilizers and 40 tons of energy fertilizers to Laiyang Fenghezhibao Limited. Laiyang Fenghezhibao Limited was established in 2003 as a wholesaler of fertilizers and pesticides. It is presently the largest fertilizer wholesaler in Laiyang City with an annual sales in excess of 5 million Euros. The Company is also pleased to announce a contract to sell and deliver 300 tons of organic fertilizers and 50 tons of energy fertilizers to Longkou Caoxianguang Limited. Longkou Caoxianguang Limited is a division of China Agriculture Material Group specializing in sale of fertilizers and pesticides. The signed agreements with these new customers increases the company revenue to establish such revenue at Euro 3 Million. China Zongbao Clean Tech Limited – Solving tomorrow's pressing environmental concerns today, in a profitable way.
This news release may contain certain forward looking statements, expectations, intentions, strategies and beliefs regarding the future of the company. All statements contained herein are based upon information available to management of China Zongbao Clean Tech Limited as of the date hereof, and actual results may vary based upon future events, both within and without the control of the management of the company, including risks and uncertainties that could cause actual results and future results to differ materially. Management and company representatives do not take any responsibility to update the contents of this news release in the event of any new aspects or conditions that arise or that may change the information stated herein.
For more information on the Company, please visit the website http://www.chinazongbao.com Email: info@chinazongbao.com End of Corporate News 20.09.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
139733 20.09.2011 |