BEIJING, Feb. 28,
2023 /PRNewswire/ -- ReTo Eco-Solutions, Inc.
(Nasdaq: RETO) (the "Company") today announced that its subsidiary,
Beijing REIT Technology Development Co., Ltd. ("Beijing REIT"), has
signed contract to supply professional Block Production Lines
to Jilin Jiada Municipal Landscape Engineering Co. ("Jilin Jiada"),
an infrastructure engineering firm that participated in the
construction of major highways in Jilin
Province, China.
Pursuant to the contract signed, Beijing REIT will supply two
model RT10 Block Production Lines to Jilin Jiada. The model RT10 is
the latest model developed by Beijing REIT utilizing its
specialized technologies, which can meet the need of production for
different clients while ensure high product quality and efficient
operation.
Mr. Hengfang Li, Chairman and CEO of the Company, commented:
"The machines we supply to Jilin Jiada will be used for the
manufacturing of environmentally friendly materials, which
coincides with the Company's motto of promoting the concept of
'utilizing technology to improve ecology'. RETO will continue our
efforts in innovation and help our clients including Jilin provincial government to achieve the
integration of comprehensive facilities that aim at empowering the
urban development and modernization of the city, achieving the next
level of development with regard to building a digitalized
city."
About ReTo Eco-Solutions, Inc.
Founded in 1999, ReTo, through its proprietary technologies,
systems and solutions, is striving to bring clean water and fertile
soil to communities worldwide. The Company, through its operating
subsidiaries in China, is engaged
in the manufacture and distribution of eco-friendly construction
materials (aggregates, bricks, pavers and tiles), made from mining
waste (iron tailings), as well as equipment used for the production
of these eco-friendly construction materials. In addition, the
Company provides consultation, design, project implementation and
construction of urban ecological protection projects and parts,
engineering support, consulting, technical advice and service, and
other project-related solutions for its manufacturing equipment and
environmental protection projects. The Company also offers roadside
assistance services and software development services utilizing
Internet of Things technologies. For more information, please
visit: http://en.retoeco.com.
Forward-Looking Statements
This press release contains forward-looking statements.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate," or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. These statements are subject to
uncertainties and risks including, but not limited to, the
following: the Company's goals and strategies, including those
related to the EOD Project, the Company's future business
development such as municipal construction projects; product and
service demand and acceptance; changes in technology; economic
conditions; the growth of the industries in China in which the Company operates;
reputation and brand; the impact of competition and pricing;
government regulations; fluctuations in general economic and
business conditions in China and
assumptions underlying or related to any of the foregoing and other
uncertainties and risks contained in reports filed by the Company
with the Securities and Exchange Commission (the "SEC"). For these
reasons, among others, investors are cautioned not to place undue
reliance upon any forward-looking statements in this press release.
Additional factors are discussed in the Company's filings with the
SEC, which are available for review at www.sec.gov. The Company
undertakes no obligation to publicly revise these forward-looking
statements to reflect events or circumstances that arise after the
date hereof.
For more information, please contact:
ReTo Eco-Solutions, Inc.
Angela Hu
Beijing Phone: +86-010-64827328
ir@retoeco.com or 310@reit.cc
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SOURCE ReTo Eco-Solutions, Inc.