DALIAN, China, Feb. 16 /PRNewswire-Asia/ -- China Industrial Waste Management, Inc. (OTC Bulletin Board: CIWT) ("China Industrial Waste Management"), a leading environmental services and solutions provider in China, announced today that Mr. Jinqing Dong, the Company's founder and Chief Executive Officer, has been honored with a prestigious award recognizing his contributions to the economy of Dalian City, a major seaport and industrial center in Northeast China.
The "Top Ten People in Dalian's Economy" award is conferred annually by the leading broadcasters in Dalian City: Dalian TV, Dalian Evening News, and Dalian People's Radio. Honorees are leaders in industry, academia and politics and play a key role in Dalian's success as a city that has grown into an important industrial center. This year, there were 14 finalists. The award was presented by the city's senior officers on January 22nd in Dalian's Radio and TV Broadcasting Hall and was broadcast on Dalian TV's Economy and Life Channel on January 31st.
Mr. Dong is the first winner from Dalian's environmental protection industry. He holds a degree in Environmental Protection from Dalian Polytechnic University and is the Chairman of the Dalian Environmental Protection Association.
"On behalf of China Industrial Waste Management and our majority owned subsidiary, Dalian Dongtai Industrial Waste Treatment Company, I am honored to receive this prestigious award," said Mr. Dong. "I believe this award reflects China's emphasis on creating a low-carbon, green technology and new energy economy. In addition, it is given in recognition of the highly-trained professionals of Dalian Dongtai and for China Industrial Waste Management's investment in tomorrow's environmental solutions. We are proud to be among the many companies in China that offer innovative approaches to help the country achieve sustainable economic and environmental solutions."
About China Industrial Waste Management, Inc.
China Industrial Waste Management, Inc. is engaged in the collection, treatment, disposal and recycling of industrial wastes principally in Dalian and surrounding areas in Liaoning Province, People's Republic of China through its 90%-owned subsidiary Dalian Dongtai Industrial Waste Treatment Co., Ltd. ("Dongtai") and other indirect subsidiaries. Dongtai treats, disposes of and/or recycles many types of industrial wastes, and recycled waste products used by customers as raw material to produce chemical and metallurgical products. In addition, Dongtai treats or disposes industrial waste through incineration, burial or water treatment, and provides environmental protection services, technology consultation, pollution treatment services, waste management design processing services, waste disposal solutions, waste transportation services, onsite waste management services, and environmental pollution remediation services. For more information, please visit the Company's website (http://www.chinaciwt.com ).
Cautionary Statement Regarding Forward-Looking Information
This release may include "forward-looking statements." You can identify these statements by the fact that they do not relate strictly to historical or current facts. These statements contain such words as "may," "project," "might," "expect," "believe," "anticipate," "intend," "could," "would," "estimate," or the negative or other variations thereof or comparable terminology. These forward-looking statements are based on current expectations and projections about future events. Investors are cautioned that forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties that cannot be predicted or quantified and, consequently, our actual performance may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors, as well as other factors described from time to time in our reports filed with the Securities and Exchange Commission: the timing and magnitude of technological advances; the prospects for future acquisitions; the effects of political, economic and social uncertainties regarding the governmental, economic and political circumstances in the People's Republic of China, the possibility that a current customer could be acquired or otherwise be affected by a future event that would diminish their waste management requirements; the competition in the waste management industry and the impact of such competition on pricing, revenues and margins; uncertainties surrounding budget reductions or changes in funding priorities of existing government programs and the cost of attracting and retaining highly skilled personnel; our projected sales, profitability, and cash flows; our growth strategies; anticipated trends in our industries; our future financing plans; and our anticipated needs for working capital. Forward-looking statements are valid only as of the date on which they are made, and, except to the extent required by federal securities laws, we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events.
For more information, please contact:
Company Contact:
Ms. Guo Xin, CFO
Tel: +86-411-8581-1229
Email: hellenguo@chinaciwt.com
Mr. Zhang Dazhi, Company Secretary
Tel: +86-411-8259-5339
Email: darcy.zhang@chinaciwt.com
Web: http://www.chinaciwt.com
CCG Investor Relations:
Mr. Athan Dounis, Account Manager
Tel: +1-646-213-1916
Email: athan.dounis@ccgir.com
Mr. Crocker Coulson, President
Tel: +1-646-213-1915 (New York)
Email: crocker.coulson@ccgir.com
Web: http://www.ccgirasia.com
