Hong Kong (17 October 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's major subsidiary successfully bid an bulk equipment procurement project with Hainan Province Highway Department and will provide 13 sets of asphalt pavement multi-purpose maintenance equipment.  

Leveraging on our practical design which meets the demands of the first-line work areas, highly integrated features, and efficient, environmental friendly and energy saving characteristics, the Group was able to stand out among the competitors and got this one-off 13 sets of bulk equipment procurement project.

It is known that Hainan Province Highway Department has purchased 3 sets of asphalt pavement equipment manufactured by the Group last year, which received excellent service results and feedbacks. This one-off 13 sets of equipment bought this time will be allocated to its local city highway bureaus within Hainan Province to conduct the maintenance works of highways and state roads. For us, this project is the second successful sample of the bulk equipment sales following the sales of 10 sets of Freetech integrated asphalt pavement maintenance equipment to Nanjing municipal system.

We believes that getting the bulk equipment procurement project from Hainan Province Highway Department will actively drive the demand of the market. Meanwhile, the Group will further develop its technological advantages and energetically expand the business area, which can attract more clients.