BEIJING, March 3, 2022 /PRNewswire/ -- ReTo
Eco-Solutions, Inc. (NASDAQ: RETO) ("ReTo" or the "Company"), a
provider of technology solutions and operation services for
intelligent ecological environments in China, announced today that its subsidiary,
ReTo Technology Development Co., Ltd., has been selected to become
a member enterprise of the Hainan Petroleum, Natural Gas and
Chemical Industry Federation (the "PNC Industry Federation").
The PNC Industry Federation is the first non-profit organization
created by enterprises and institutions in the oil, natural gas,
and chemical industries in Hainan,
China whose members include enterprises, research and
development institutions, and engineering design firms from these
industries. The PNC Industry Federation is a platform for
communication and information exchange between member enterprises.
The federation not only provides support to members such as
integrating upstream and downstream industry resources, offering
business opportunities and standardizing the operation process, but
also creates a healthier development environment for the oil,
natural gas, and chemical industries and assists the government in
the planning and construction of the Hainan Free Trade Port,
China's largest free trade pilot
zone launched in 2018 which is under construction and currently
over 940,000 entities have settled in the Port including 28 Fortune
500 companies.
Mr. Hengfang Li, Chairman and CEO of ReTo, commented: "Since the
favorable policies of the Hainan Free Trade Port have attracted
many leading domestic petrochemical enterprises to Hainan, the resulting increase in demand for
environmental protection solutions and services provides us a lot
of business opportunities to deploy our smart environmental
protection technologies. ReTo Technology Development Co. Ltd. is
honored to be selected as the one of enterprise member specializing
in Internet of Things ("IoT") smart environmental solutions in the
PNC Industry Federation which enables us to participate in
more informatization projects in Hainan and to access more resources through
the federation platform. We are committed to service the federation
members as well as other businesses in the oil, natural gas, and
chemical industries with our advanced IoT technologies and smart
environmental protection technologies."
About ReTo Eco-Solutions, Inc.
Founded in 1999, ReTo Eco-Solutions, Inc., through its
proprietary technologies, systems and solutions, is striving to
bring clean water and fertile soil to communities worldwide. The
Company offers a full range of products and services, ranging from
the production of environmentally-friendly construction materials,
environmental protection equipment, and manufacturing equipment
used to produce environmentally-friendly construction materials, to
project consulting, design, and installation for the improvement of
ecological environments, such as ecological soil restoration
through solid waste treatment. Through its subsidiary Yile IoT
Technology Co., Ltd., a high-tech enterprise in Hainan Province and focusing on the research,
development and application of IoT technologies, the Company
provides products and scenario-based solutions and products for
clients primarily in the automobile rental, ride sharing and
logistic sectors in China. For
more information, please visit: http://en.retoeco.com
Forward-Looking Statements
This press release contains forward-looking statements.
Forward-looking statements include statements concerning plans,
objectives, goals, strategies, future events or performance, and
underlying assumptions and other statements that are other than
statements of historical facts. When the Company uses words such as
"may," "will," "intend," "should," "believe," "expect,"
"anticipate," "project," "estimate," or similar expressions that do
not relate solely to historical matters, it is making
forward-looking statements. Forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties that may cause the actual results to differ
materially from the Company's expectations discussed in the
forward-looking statements. For these reasons, among others,
investors are cautioned not to place undue reliance upon any
forward-looking statements in this press release. Discussions of
the uncertainties and risks are included in the Company's filings
with the U.S. Securities and Exchange Commission, which are
available for review at www.sec.gov. The Company undertakes no
obligation to publicly revise these forward-looking statements to
reflect events or circumstances that arise after the date
hereof.
For more information, please contact:
ReTo Eco-Solutions, Inc.
Giorgio Zhao
Beijing Phone: +86-010-64827328
ir@retoeco.com or 310@reit.cc
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SOURCE ReTo Eco-Solutions, Inc.