XI’AN, Shaanxi, China, March 26 /Xinhua-PRNewswire-FirstCall/ -- Environment Ecology Holding Company of China (OTC Bulletin Board: EVEH), a leading landscape engineering company in China, today announced the signing of a greening project contract with Zhongdeng Home Garden, a luxurious residential community, in Xi’an city.
The contract is valued at 0.67 million USD (equivalent to 4.87 million RMB) with an anticipated 40 percent profit margin. The company intends to bring the project to fruition by the end of April 2008.
Zhongdeng Home Garden project is located within a 509,491 square foot real estate development community of opulent residential mansions developed by the Zhongdeng Group.
About the Zhongdeng Group
The Zhongdeng Group, founded in 1993, operates in both the petrol-chemical and real estate market sectors, with branches in Shanghai, Xi’an, Nantong, Yinchuan and Shaanxi provinces. It is a leading real estate company in Xi’an city.
About the Environment Ecology Holding Company of China
Environment Ecology Holding Company of China (OTC Bulletin Board: EVEH) is an integrated provider of combined garden afforestation design and construction, municipal government garden Greenland, garden afforestation seedling production and operation. The Company’s products and services include plant breeding, lawn breeding, seedling breeding, afforestation conservation service, garden design, and afforestation construction. The Company has developed a number of new clean technologies for garden project construction and garden breeding. With the authorized senior qualification, it is a leading company in the industry with the highest market share, the largest breeding base and the highest brand value in northwestern China. The Company has conducted many afforestation projects of with a success rate above 90%. The Company has been recognized with national, municipality-level and district-level awards in the PRC. More information about the Company can be found on the corporate web site at http://www.chinaecoholding.com .
Forward-looking Statements
Certain statements in this report, including statements of our expectations, intentions, plans and beliefs, including those contained in or implied by "Management’s Discussion and Analysis" and the Notes to Consolidated Financial Statements, are "forward-looking statements", within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), that are subject to certain events, risks and uncertainties that may be outside our control. The words "believe," "expect," "anticipate," "optimistic," "intend," "will" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. We undertake no obligation to update or revise any forward-looking statements. These forward-looking statements include statements of management’s plans and objectives for our future operations and statements of future economic performance, information regarding our expansion and possible results from expansion, our expected growth, our capital budget and future capital requirements, the availability of funds and our ability to meet future capital needs, the realization of our deferred tax assets, and the assumptions described in this report underlying such forward-looking statements. Actual results and developments could differ materially from those expressed in or implied by such statements due to a number of factors, including, without limitation, those described in the context of such forward-looking statements.
For more information, please contact:
Environment Ecology Holding Company of China
Tel: +86-29-8726-3789
Email: info@chinaecoholding.com
