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Last updated on April 16, 2014 at 8:44 EDT

THT Heat Transfer Technology Comments on Unusual Market Activity

April 5, 2012

SIPING, China, April 5, 2012 /PRNewswire-Asia/ — THT Heat Transfer Technology, Inc. (Nasdaq: THTI) (“THT” or the “Company”), a leading provider of heat exchangers and heat exchange solutions in China’s clean technology industry, today announced that in view of the unusual market activity in its stock on Wednesday, April 4, 2012, the NASDAQ has contacted the Company in accordance with its usual practice. While THT ordinarily does not comment on market activity or market rumors, the Company confirms that it is not aware of any material corporate developments that could account for the unusual trading activity.

About THT Heat Transfer Technology, Inc.

Through its Chinese operating subsidiaries, THT Heat Transfer Technology, Inc. designs, manufactures and sells plate heat exchangers, shell-and-tube heat exchangers, heat exchanger units and other heat exchanger products with total heat exchange solutions. Heat exchangers play an integral part in helping customers improve energy efficiency. Used in a number of industries, THT’s products focus on energy conservation, emission reduction and other environmentally friendly applications. Its six major product categories are plate heat exchangers, shell-and-tube heat exchangers, air-cooled heat exchangers, weld plate heat exchangers, heat exchanger units and plate-and-shell heat exchangers. The Company also offers comprehensive heat exchange solutions.

THT’s in-house R&D capabilities enable it to deliver tailored products that better meet the changing demands of its customers. The Company has a strong record of delivering high-quality products and services to leading domestic and international customers. THT has completed over 3,000 projects and has provided heat exchange solutions to several Fortune 500 companies. The Company is headquartered in Siping City, Jilin Province, China. For more information, please visit the Company’s website at www.tht.cn.

Safe Harbor Statement

This press release contains certain statements that may include “forward looking statements”. All statements other than statements of historical fact included herein are “forward-looking statements”. These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, and involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You 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 risk factor sections of the Company’s periodic reports that are filed with the Securities and Exchange Commission and are available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or 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.

Contact:

    The Company:
    Mr. Jack Xiao
    Investor Relations Specialist
    THT Heat Transfer Technology,
     Inc.
    Tel: +86 (434) 3266779
    Email: IR@tht.cn

    Investor Relations (Beijing):
    Xiaoyan Su
    Taylor Rafferty
    Tel: +86 (10) 8588 6722
    Email: tht@taylor-rafferty.com

    Investor Relations (US):
    Bryan Degnan
    Taylor Rafferty
    Tel: +1 (212) 889 4350
    Email: tht@taylor-rafferty.com

SOURCE THT Heat Transfer Technology, Inc.


Source: PR Newswire