American Jianye Greentech Holdings Wins Special Gold Award at Hefei’s Patent and Technology Commerce Exchange
NEW YORK and HARBIN, China, Dec. 8, 2011 /PRNewswire/ – American Jianye Greentech Holdings, Ltd. (OTCQB: AJGH), a leading China-based developer, manufacturer and distributor of alcohol-based automobile fuels and civilian-use fuels, including methanol, ethanol, and blended fuels, announced today that the company won the Special Gold Award at Hefei’s Patent and Technology Commerce Exchange.
The company participated in this commerce exchange that was sponsored by the National Intellectual Property Bureau and won the Award with its E85 fuel. E85 is an alcohol based clean fuel comprised of up to 85% ethanol. E85 has an octane rating higher than that of regular gasoline’s typical rating of 87, or premium gasoline’s 91-93. This allows the fuel to be used in higher compression engines which tend to produce more power per unit of displacement than their gasoline counterparts. E85 also burns cleaner and results in lower toxic waste emissions than unleaded gasoline. The key advantage of American Jianye’s fuel, versus similar alcohol-based fuels, is that the fuel can be used in standard combustion engines with no needs for engine modification or gas station modifications to accommodate the fuel.
Mr. Haipeng Wang, Chairman and Chief Executive Officer, commented, “We are pleased to have participated in Hefei’s Patent and Technology Commerce Exchange. Our clean fuel clearly outperformed comparable unleaded gasoline fuels and allowed us to obtain the Special Gold Award. This achievement further reinforces the competitive advantages of our products, both in terms of performance and emissions.”
Mr. Haipeng Wang continued, “We attribute the exceptional performance of our clean fuel products to our heavy investments in research and development. Our clean fuels have distinct advantages over both unleaded gasoline and alcohol-based fuels due to our proprietary and patented catalysts. Our technology, combined with our strong management team, has established distribution channels and a close relationship with the government. This puts us at the forefront of this rapidly expanding market in China.”
About American Jianye Greentech Holdings: American Jianye Greentech Holdings, headquartered in Harbin, China, is a leading developer, manufacturer and distributor of alcohol-based fuel. The company’s alcohol-based fuels burn with higher efficiency and significantly lower toxic waste emissions than unleaded gasoline. The unique combination of catalysts in the fuel enhance fuel octane rating and engine power inhibits the premature oxidation of the fuel, helps remove sediment in the carburetor, and prevents the erosion of the engine cylinder surface. Additional information about the company is available at: www.americanjianyegroup.com.
Forward Looking Statements: This release contains certain “forward-looking statements” relating to the business of the Company. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Equiti-trend Advisors LLC
SOURCE American Jianye Greentech Holdings