AJ Greentech Signs a 3-Year Contract With Taiwan Solar Energy Co., Ltd, Worth $1 Million per Year to Provide Electric Car Com...
03 Marzo 2014 - 1:58PM
Marketwired
AJ Greentech Signs a 3-Year Contract With Taiwan Solar Energy Co.,
Ltd, Worth $1 Million per Year to Provide Electric Car Components
NEW YORK, NY and TAICHUNG, TAIWAN--(Marketwired - Mar 3, 2014) -
AJ Greentech Holdings, Ltd. (OTCQB: AJGH), a leading developer,
manufacturer and distributor of green energy, announced it has
signed a contract, valued at $1 million per year for 3 years with
Taiwan Solar Energy Co., Ltd.
Ms. Chu Li An, Chief Executive Officer, commented on the deal,
"We are pleased to announce that this contract will bring in an
excess of $0.25 million net profit each year for the firm. Under
the agreement, AJ Greentech and Taiwan Solar Energy will jointly
cooperate to leverage and cross-promote and market their respective
competitive advantages in the electric automobile industry. This
contract is a result of two visionary companies agreeing to power
the future of automobiles in an unprecedented way."
Ms. Chu further stated, "Working with Taiwan Solar Energy Co.,
Ltd. will not only enhance the sales of both companies, it will
also provide a joint venture opportunity that seeks to benefit the
industry. We look forward to assisting Taiwan Solar Energy Co.,
Ltd. as it has extensive distribution channels in Taichung. That,
coupled with the additional market value of AJ Greentech will make
us a leading proposition in the green technology field that is
consistent with US government policy initiatives in the area of
green technologies."
*About Taiwan Solar Energy Co., Ltd.: Taiwan Solar Energy Co.,
Ltd. (TSE) takes the responsibility for protecting the Earth with
advancing New Energy businesses and technologies. Therefore TSE has
coined the term "New Energy Agriculture" as part of its mission
statement. Their major investment at this stage focuses on the
Projects of New Energy Agriculture Farms, large New Energy Power
Plants, Power Plants of BIPV in Cities, and expansive Power Nets
Reserved and Energy Storage Systems. With its "beneficial for the
common good" attitude, TSE believes that creating techniques in New
Energy and rewarding all people has been the company's driving
force. Senior professionals, consultants and many intro-national
& international partners realize that efficient investments of
all projects will yield excellent rewards. TSE expects to become
professional leaders in the field of Global New Energy and New
Energy Agriculture. Additional information about the company is
available at: http://www.twsolarenergy.com/en.
*About AJ Greentech Holdings: AJ Greentech Holdings is a
full-service environmental technologies and R&D firm dedicated
to providing innovative solutions to communities, industries and
governments addressing the issues of green energy, environmental
protection and sustainability. It offers innovative solutions for
Green Transportation, Green Energy and Sustainability. AJ Greentech
integrates its own native advanced technologies along with
third-party technologies and systems to provide its customers with
the most effective and economical solutions. Additional information
about the company is available at: www.ajgreentech.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.
US CONTACT INFO: NEWS RELEASE DEPARTMENT American Jianye
Greentech Holdings, Ltd. 718-395-8706
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