Hong Kong (20 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, is pleased to announce that Freetech Dongfang Road Recycling Engineering Co., Ltd.(“Freetech Ordos”), which positioned as a joint venture of the Group, successfully completed Hot-in-Place recycling project in Erenhot, Inner Mongolia, with a total serviced area of 460,000 square meters. Freetech Ordos was jointly invested and established by Freetech Road Recycling Corporation and Ordos Dongfang Holdings Group in 2011, which was the first Hot-in-Place recycling asphalt pavement maintenance contractor in Inner Mongolia.
This project in Erenhot included 15 main roads in the city with a total length of nearly 30,000 meters. It also required higher requirements of construction. That were because of heavy workload, frequent transitions and the duration of construction can not be over 2 months. By using Hot-in-Place recycling technology of Freetech, the joint venture of the Group not only cured the road disease, but also enhanced the efficiency of the construction as the daily construction volume reached 9,000 square meters. In addition, Freetech equipment efficiently transited among 15 municipal roads, which fully demonstrated its flexibility and mobility through modular combination of the single units. In addition to relieve traffic congestion, eliminating waste emissions was also included in this project, which had significant energy saving effect. In total, the features and comprehensive advantages of the Group has been fully demonstrated.
The success of this project fully reflected Freetech’s determination that committed to advancing the application of Hot-in-Place recycling technology in Inner Mongolia. Looking ahead, the Group will continue to play its technological advantage, actively expand the group's business and bring greater benefits to investors.