Freetech Road Recycling Corporation Named “Outstanding Overseas Chinese Enterprise of Jiangsu Province”
HONG KONG--Freetech Road Recycling Technology (Holdings) Limited (“Freetech”, or the “Group;” stock code: 6888), a leading and fast-growing service provider in the asphalt pavement maintenance (“APM”) industry using “Hot-in-Place” recycling technology, today announced that its main subsidiary, Freetech Road Recycling Corporation, won the title of “Outstanding Overseas Chinese Enterprise of Jiangsu Province (2012-2014).”
Outstanding Overseas Chinese Enterprises of Jiangsu Province were jointly recommended and selected by Jiangsu Provincial Federation of Returned Overseas Chinese, Jiangsu Provincial Department of Commerce, Jiangsu Local Taxation Bureau, Jiangsu Provincial Office of State Taxation Administration, China Council for the Promotion of International Trade, Jiangsu Sub Council, Jiangsu Chamber of International Commerce and Jiangsu Provincial Federation of Overseas Chinese Enterprises, based on the strict assessment of the social legal entities’ credit records from 2012 to 2014, namely the amount of tax paid, social responsibility, business operation conditions and other comprehensive strengths. A total of 81 companies won this title in Jiangsu Province this time.
Recently, 7 Chinese ministries jointly issued an article to state that “overseas Chinese enterprises have become an important force of Jiangsu Province in promoting the reform and opening-up policy, and the development of the modernization construction industry. The selected outstanding overseas Chinese enterprises have made pioneering innovations and excellent achievements in their respective industries, as well as important contributions to the province’s economic and social development.” The title of “Outstanding Overseas Chinese Enterprise of Jiangsu Province” won by Freetech Road Recycling Corporation was a recognition of the Group’s comprehensive competitiveness in profitability, business development, social responsibility, brand management, etc.
About Freetech Road Recycling Technology
Freetech Road Recycling Technology is the asphalt pavement maintenance (“APM”) service provider renowned in the sector for its Road Doctor brand with patented Hot-in-Place Recycling Technology, as well as the manufacturer and seller of a wide range of APM equipment. As of 30 June, 2015, the Group owned 108 registered patents and had 6 pending patent applications in Hot-in-Place Recycling Technology and related equipment.
