HANZHONG, China, Nov. 14, 2022 /PRNewswire/ -- Green Giant Inc.
(NASDAQ: GGE) ("GGE" or the "Company"), today announced appointment
of Mr. Junaid Ali as CEO of its
wholly owned subsidiary Green Giant LLC to spearhead its effort to
explore green energy section in the U.S.
Mr. Junaid Ali has decades of
experience in the development of multi-million dollar energy
projects ranging from power utility sector to oil and gas business
in four different continents. He started his career with Cummins
(NYSE:CMI) as a project engineer and ultimately became a project
manager in their power generation business from 2006 to 2011. He
then joined APR Energy in 2011 as a senor project manager and moved
up to be a project director in power delivery with General Electric
(NYSE: GE) in 2015. While at GE, he led strategic GE Power
Conversion utility-scale solar and industrial sector projects,
managed a cross-functional team to deliver global projects and was
selected to lead the project with NextEra Energy Resources. After
GE, he founded Prismecs LLC, an industrial energy services company
which delivers one-stop engineering and procurement operation and
maintenance services for the energy industry. Mr. Ali, via Prismecs
LLC, has provided efficient, cost-effective industrial services and
supply chains solutions.
Mr. Junaid Ali, commented "I am
excited to share the common vision with the GGE management of
reducing carbon and investing in any technology that leads to clean
energy output. I am confident my strong industry background
coupled with GGE's public company status will bring significant
return to the GGE shareholders."
The management believes that with Mr. Ali's commercial,
operational and industrial background makes him well-qualified to
lead GGE' US subsidiary to explore its planned green energy
business.
Safe Harbor Statement
This press release contains forward-looking statements, which
are subject to change. The forward-looking statements are made
pursuant to the safe harbor provisions of the Private Securities
Litigation Reform Act of 1995. All "forward-looking statements"
relating to the business of China HGS Real Estate Inc., which can
be identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions, involve known and
unknown risks and uncertainties which could cause actual results to
differ. These factors include but are not limited to: the uncertain
market for the Company's business, macroeconomic, technological,
regulatory, or other factors affecting the profitability of real
estate business; and other risks related to the Company's business
and risks related to operating in China. Please refer to the
Company's Annual Report on Form 10-K for the fiscal year
ended September 30, 2021 and other filings with the SEC, for
specific details on risk factors. Given these risks and
uncertainties, you are cautioned not to place undue reliance on
forward-looking statements. The Company's actual results could
differ materially from those contained in the forward-looking
statements. The Company undertakes no obligation to revise or
update its forward-looking statements in order to reflect events or
circumstances that may arise after the date of this release.
About China Green Giant, Inc.
Green Giant Inc. (NASDAQ: GGE formerly China HGS Real Estate,
Inc), founded in 1995 and headquartered in Hanzhong
City, Shaanxi Province, is a leading real estate developer in
the region and holds the national grade I real estate
qualification. Since beginning of 2022, the Company started to
research the possibility of diversifying its business, For further
information about Green Giant, please go to www.gge.com.
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