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Freetech Signed Sales Agreement With A Contractor In Hong Kong
Time：2016/06/06

Hong Kong--(6 June 2016)--Freetech Road Recycling Technology (Holdings) Limited (“Freetech”, or the “Group;” stock code: HK.6888), a leading asphalt pavement maintenance (the “APM”) integrated solution provider, announced that the Group signed a sales agreement with a contractor in Hong Kong again and sold an asphalt pavement Hot-in-Place patching vehicle (the “patching vehicle”) to the buyer for its municipal road maintenance business in Hong Kong. As the largest Hot-in-Place patching vehicle supplier for the road maintenance companies in Hong Kong, Freetech has sold a total of 14 units of equipment in Hong Kong.

                         

Hong Kong has placed strict restrictions over the particular noise sources from road maintenance and construction work, and violators will face heavy penalties. Besides, traffic interference of each pavement maintenance project shall be evaluated by the transportation departments. The Group’s patching vehicle heats and loosens the road surface and produces minimal noise to well meet the regulatory requirements even at mid-night. Meanwhile, unlike the traditional process which needs more labor and equipment and full road closure, the Group’s patching vehicle only requires 4 to 5 workers and occupies one lane, opens the traffic quickly and has low traffic interference.

 

At present, six out of the eight road maintenance divisions in Hong Kong have accepted the Hot-in-Place recycling technology, and after the signing this sales agreement, the Group’s total equipment sales volume has amounted to 14 units and it has held a dominant position in the market all the time. Since the Group’s maintenance vehicles comply with the relevant policy trends in Hong Kong, Freetech believes that the market dominance will continue to expand in the future.

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  • +moreFreetech Overview

    Founded in 1993 in Hong Kong, Freetech has been devoted in 100% hot-in-place recycling technology. At present, Freetech has been labled as "road doctor" with business integrating planing&design, manufacturing,engineering,and education.

  • +more发展历程

    2014年7月15日，英达公司在江苏南京六合经济开发区打造占地160亩设备制造基地和研发中心。

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Tel: (852) 23309600 Fax: (852) 23637987 Email: sales-hk@freetech.com.hk

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