Hong Kong--(5 September 2016)--Freetech Road Recycling Technology (Holdings) Limited (“Freetech”, or the “Group;” stock code: HK.6888), a leading asphalt pavement maintenance (the “APM”) integrated solution provider, announced that the Group had successfully completed the municipal road maintenance project in Chizhou City, Anhui Province by the end of June, the quality of which has been tested by the recent heavy rainfalls.

In 2015, the Chizhou City of Anhui Province entered the first batch of China’s pilot “Sponge Cities", and the Qishan Road reconstruction project was among the first batch of the demonstration projects of the sponge city. Meanwhile, this road is also the most important north-south road of Chizhou City, bearing important traffic and urban image display functionalities. However, the heavy traffic and high density of residential and commercial areas of the surrounding districts put higher requirements on the implementation of the project.

During the construction, the Group’s equipment achieved 100% recycling of old materials and zero emission of solid waste. Otherwise, this project would produce 7,680 tons of solid waste using the traditional maintenance method. By adopting the patented Hot-in-Place technology and equipment, the Group has successfully completed the project and met stringent technical requirements on road cross slope of a sponge city. Meanwhile, the Group’s equipment is more efficient than traditional techniques, thus shortening the construction period and reducing the impact on people's daily life and traffic.