July 13, 2011
APT Paper Group Exports Honeycomb Paper Technology and Equipment to Malaysia
SHENZHEN, China, July 13, 2011 /PRNewswire-Asia/ -- Uni Core Holdings Corporation (OTC Bulletin Board: UCHC), an aggressive 'company doctor' and 'incubator' of mid- to large-size companies in China, announced that Shenzhen Jinlong Paper Products Co., Ltd ("Shenzhen Jinlong") of APT Paper Group ("APT"), a wholly-owned company of UCHC, has entered into an agreement with CYY Packaging Sdn Bhd ("CYY"), a company in Malaysia. Under the agreement, CYY will buy honeycomb paper equipment from Shenzhen Jinlong and install in their Malaysia factory to produce honeycomb paper cartons for the Malaysia region, Shenzhen Jinlong will assign engineers to help CYY set up, debug and produce. Apart from purchasing the honeycomb paper carton equipment, CYY will gradually purchase other honeycomb paper products and equipment from Shenzhen Jinlong. Following Singapore, Shenzhen Jinlong, once again, exports its honeycomb paper technology and equipment to Malaysia.
As the pioneer entering into the honeycomb paper industry in China, APT heavily invested and promoted honeycomb paper products; the researched and developed honeycomb paper products, technologies and equipment had already been in the leading position with patents registered in many countries, out of which the technical parameters of honeycomb paper pallets were even adopted as Chinese national standard of the China Ministry of Railways. While developing the market for honeycomb paper products, APT also actively exports honeycomb paper technology and equipment to other parts of China and the world. The machinery and equipment for honeycomb paper developed by APT already cover all production processes, including honeycomb core production line, honeycomb paper panel production line, automatic production line of paper pallet, corner protector production line, punching machine and whirling machines.
Mr. Thomas Lee, Chief Operating Officer of UCHC, said, "Apart from exporting the honeycomb paper technology and equipment to other parts of China, Hong Kong, Singapore and Malaysia, APT is also having business discussion with Chile and the South America region hoping to export the technology and equipment to countries of this region. While continuously expanding the operations in order to secure profits, APT is also fulfilling the commitment to environmental protection in the world."
Safe Harbor Statement
This press release contains forward-looking statements that involve risks, uncertainties and assumptions that, if they never materialize or if they prove incorrect, could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including any projections of earnings, revenue, or other financial items, any statements of the plans, strategies, and objectives of management for future operations, any statements concerning proposed new products, services or developments, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations as of the date of this press release. Actual results may differ materially from those projected because of a number of risks and uncertainties, including those detailed from time to time in the Company's reports filed with the Securities and Exchange Commission. The Company assumes no obligations and does not intend to update these forward-looking statements.
For more information, please contact: Mr. Zhou Caiyi Tel: +852-2827-6898 Fax: +852-2827-6989 Email: [email protected] Web: http://www.unicoreholdings.com
SOURCE Uni Core Holdings Corporation