DGAP-News: China Zongbao Clean Tech Ltd.: Novel application of organic fertilizers to rice production to yield increased revenue of 640,000 Euros in Huzhou area with potential revenue of 4.8 mil Euros
(firmenpresse) - DGAP-News: China Zongbao Clean Tech Ltd. / Key word(s): Interim Report
China Zongbao Clean Tech Ltd.: Novel application of organic
fertilizers to rice production to yield increased revenue of 640,000
Euros in Huzhou area with potential revenue of 4.8 mil Euros
05.04.2011 / 20:15
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April 5, 2011
Novel application of organic fertilizers to rice production to yield
increased revenue of 640,000 Euros in Huzhou area with potential revenue of
4.8 mil Euros
China Zongbao Clean Tech Limited (ZEC, the Frankfurt Open Market Listed
Company) (the 'Company') has patented technology in China recycling solid
waste to produce high yield organic fertilizers that reduce greenhouse
emissions within a record time.
The Company is pleased to announce the establishment of cooperation with
Zhejiang Huzhou Agricultural Technique Extension Service Center in the
field of organic fertilizer application on rice.
The local government in Huzhou area of China has announced the
recommendation to apply organic fertilizers to promote the quality of rice
produced in approximately 1,134 sq km of rice fields in the Huzhou area.
The expected consumption of organic fertilizers for this area is
approximately 30,000 tons per year.
The Company shall commence its first year order from Zhejiang Huzhou
Agricultural Technique Extension Service Center for 4,000 tons of organic
fertilizers to be applied to rice fields. The Company is estimated to earn
640,000 Euros for the sale revenue of organic fertilizer for rice
production in Huzhou for this first year order. The potential revenue for
2012 for the Company from this one customer, Zhejiang Huzhou Agricultural
Technique Extension Service Center is 4.8 mil Euros.
China Zongbao Clean Tech Limited - Solving tomorrow's pressing
environmental concerns today, in a profitable way.
This news release may contain certain forward looking statements,
expectations, intentions, strategies and beliefs regarding the future of
the company. All statements contained herein are based upon information
available to management of China Zongbao Clean Tech Limited as of the date
hereof, and actual results may vary based upon future events, both within
and without the control of the management of the company, including risks
and uncertainties that could cause actual results and future results to
differ materially. Management and company representatives do not take any
responsibility to update the contents of this news release in the event of
any new aspects or conditions that arise or that may change the information
stated herein.
For more information on the Company, please visit the website
http://www.chinazongbao.com
Email: info(at)chinazongbao.com
Tel: 49 69 428 955 80
End of Corporate News
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Datum: 05.04.2011 - 20:15 Uhr
Sprache: Deutsch
News-ID 33715
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