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HONG KONG, June 17, 2015 - (ACN Newswire) - Freetech Road Recycling Technology (Holdings) Limited ("Freetech", or the "Group;" stock code: 6888), a leading and fast-growing service provider in the asphalt pavement maintenance ("APM") industry using "Hot-in-Place" recycling technology, today announced that the Group and School of Management of University of Chinese Academy of Sciences ("UCAS Freetech Centre") had set up UCAS Freetech Ecological Science and Technology Research Centre in Beijing on 28th May and held a Traffic Ecological Technology Development Forum along with the opening ceremony of the UCAS Freetech Centre. Three academicians attended the forum and presented speeches.
Since the Political Bureau of the Central Committee of the Communist Party of China approved the "Opinion on Accelerating the Ecological Civilization Construction ", the China Government has entered into a deployment phase on the ecological civilization construction in various industries. In the field of infrastructure of road transportation, the Group prepares in advance and has accumulated a lot of resources and experience. On this time, the Group cooperated with the university under the Chinese Academy of Sciences which is China's highest level of scientific research institution. After establishing the UCAS Freetech Centre, the Group will focus on the energy conservation in the field of transportation and municipal construction, and pursue research on the technologies about comprehensive utilization of resources. In future, it will not only expand the development direction of the Group's business, but also benefit the ecological development of the society.
Traffic Ecological Technology Development Forum was held along with the opening ceremony of the UCAS Freetech Centre. Niu Wenyuan (the researcher of the Chinese Academy of Sciences and the Counselor of the State Council), Liu Guangding (the academician of the Chinese Academy of Sciences), Gu Jifa (the academician of the Chinese Academy of Sciences), Feng Zhijun (the Counselor of the State Council and Chinese Academy of Sciences and the president of the International Green Economy Association), Sun Guoqing (the former director of Comprehensive Planning Division Department of Transportation) and many other scholars and officials participated in the forum and presented speeches. The event also attracted 15 media live interviews including Tencent news.
About Hot-in-Place Technology
Hot-in-Place Technology is used in asphalt pavement maintenance, an on-site, in-place technology that rehabilitates deteriorated asphalt pavements through heating, scarifying and mixing the damaged asphalt materials with new materials and thereby minimises the use of new materials. The primary purpose of this process is to repair pavement damages such as cracks, ruts and holes, and bumps.
Contact:
Freetech Road Recycling Technology (Holdings) Limited
Tel: (852) 2330 9600
Email: ir@freetech-holdings.hk, or enquiry@freetech-holdings.hk
Fax: (852) 2363 7987
Strategic Financial Relations Limited
Vicky Lee Tel: (852) 2864 4834 Email: vicky.lee@sprg.com.hk
Stephanie Liu Tel: (852) 2864 4852 Email: stephanie.liu@sprg.com.hk
Fax: (852) 2527 1196
Topic: Press release summary
Source: Freetech Road Recycling Technology (Holdings) Ltd
Sectors: Daily Finance
https://www.acnnewswire.com
From the Asia Corporate News Network
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