HARBIN, China, September 6, 2011 /PRNewswire-Asia/ -- China Linen Textile Industry, Ltd. (OTCQB: CTXIF) ("China Linen" or the "Company"), one of China's leading linen fabric and linen yarn producers and exporters, today announced the engagement of Mr. Manuel Henares Arenas as Senior engineer and consultant to the Company.
Mr. Henares, who accepted this position on August 28, 2011, is 63 years old. He graduated from Industrial School of Sabadell Spain with a degree in Textile Engineering in 1973. From 1976 to 1991, he served as an assistant technician, production manager and quality manager in a linen mill. In 1991, he established Lino del Valles, a textile company, and sold it after 10 years. From 2001 to 2011, Mr. Henares served as an independent technical consultant, engineer and production manager in several linen mills in Europe, Egypt, China etc., with the main duties of developing and providing new yarn technology. In 2011, he founded a company to research and developed a connector between a hackling machine and a first drawing machine. His company's technical improvements to the machines are expected to reduce workloads, numbers of workers, and improve product quality significantly in linen mills.
Mr. Gao Ren, Chairman and CEO of China Linen, commented: "I am pleased to welcome Mr. Henares to our Company as senior technical engineer and consultant. Mr. Henares holds 35 years of experience in the linen industry and possesses abundant experience in linen mill management, equipment technology and technical operations. The engagement of Mr. Henares is expected to improve China Linen's equipment technology, technical skill, production quality and manufacturing management to a greater extent. We expect this engagement will help China Linen to produce world-class quality products, demand higher prices and further solidify China Linen's leading position in the world marketplace."
About China Linen Textile Industry, Ltd.
China Linen Textile Industry, Ltd. (www.chinalinentextile.com) is principally engaged in the production and sale of linen yarn and various types of linen fabric. The Company is also involved in consultation and R&D related to linen technology and linen products. The Company carries on all of its business activities through its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co., Ltd. ("Lanxi Sunrise"), established in June 2002 and located in Lanxi County, the "Homeland of Flax in China," near Harbin City in China. Lanxi Sunrise has one yarn-spinning factory, one bleaching factory and two fabric weaving factories in its 35,120 square meters of building area with a staff of 1,400 and 430 sets of world-class, advanced production machinery. Annual production capacity totals approximately 2,220 tons with 50 different types of yarn and 10 million meters of fabric with 110 types. Approximately 50 percent of its products are exported to more than 10 countries.
Forward-looking statements:
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.
For further information, contact:
China Linen Textile Industry, Ltd.
Jodie Zheng Wehner, CFO
Tel: +1-310-890-8048
Email: jodiewehner@chinalinentextile.com
MZ-HCI
Scott Powell, Senior Vice-President
Tel: +1-212-301-7130
Email: scott.powell@hcinternational.net
www.mz-hci.com