Hong Kong (30 November 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 has successfully sold its first heavy asphalt pavement maintenance vehicle to the Civic and Municipal Affairs Bureau of Macau (“Macau Bureau”).

Since the narrow roads burdened with heavy traffic in Macau, conducting road maintenance work on them could easily lead to traffic disturbance and congestion and cause great inconvenience to the local residents. In response to the existing challenge in Macau's municipal road maintenance work, Freetech introduced the Group's Hot-in-Place recycling equipment whose low noise and interference features, which will greatly reduce the impact on traffic, improve the maintenance efficiency and quality of small to medium scale projects, which could benefit local residents.

After further communication, representatives of Macau Bureau visited Freetech in Hong Kong to investigate the maintenance operation using Freetech Hot-in-Place recycling equipment in August 2016. Highly recognized by Macau Bureau for its rich maintenance experience and leading technology, the Group stood out in the subsequent public tender, and successfully won purchase orders for heavy asphalt pavement maintenance vehicles.

Freetech is committed to providing government departments around the world with fast and efficient road maintenance solutions. The Group believes that the successful equipment deal will better demonstrate the Group's core competitiveness and bring potential business opportunities in the near future.