BEIJING, Oct. 16, 2013 /PRNewswire/ -- Tri-Tech
Holding Inc. (Nasdaq: TRIT), which provides turn-key water
resources management, water and wastewater treatment, industrial
safety and pollution control solutions, announced today that it has
agreed with Chengdu Xingrong Investment Co. Ltd. ("CXI") not to
move forward with their partnership in India.
(Logo: http://photos.prnewswire.com/prnh/20100603/CNTH016LOGO
)
Tri-Tech CEO Mr. Phil Fan said,
"We understand that CXI's new leadership has shifted its growth
strategies, and we still will continue to look to CXI as a valuable
partner in China."
About Tri-Tech Holding Inc.
Tri-Tech is an innovative provider of consulting, engineering,
procurement, construction and technical services. The Company
supports government, state owned entities and commercial clients by
providing efficiency oriented solutions focused on treatment of
water and waste water, management of water resources and
water-efficient irrigation, as well as industrial emission and
safety controls. With software copyrights, product patents, and
capable employees in China, the U.S. and India, Tri-Tech's
capabilities span the cycle of innovation. Please visit
www.tri-tech.cn for more information.
An online investor kit including a company profile,
presentations, press releases, current price quotes, stock charts
and other valuable information for investors is available at
http://www.tri-tech.cn/ir. To subscribe to future releases via
e-mail alert, visit http://www.tri-tech.cn/ir/info/request.
About Chengdu Xingrong Investment Co. Ltd,
As a public traded company in China (SZ000598), Chengdu Xingrong Investment
Co. Ltd., is a leading service provider focusing on comprehensive
solutions protecting and improving city environment. With its major
focus in water and waste water treatment, Xingrong has been awarded
to operate water and waste water treatment facilities of a capacity
close to 5 million ton per day in cities such as Chengdu, Xian, Lanzhou, Yinzhou, Shenzhen, Hainan, and etc. With an outstanding
performance and recognition in water and waste water treatment,
Xingrong marched into other environment related sectors such as
landfill leachate treatment, waste incineration power generation
and etc. Furthermore, Xingrong has been recognized with numerous
awards domestically since 2010.
This press release contains forward-looking statements as
defined by the Private Securities Litigation Reform Act of 1995.
Forward-looking statements include references to the delay of
and/or successful implementation of the Indian joint venture and
competition for projects related thereto referenced herein and
other statements concerning plans, objectives, goals, strategies,
future events such as project payments, results of marketing
efforts or performance, future government initiatives, expected
actions by third parties and underlying assumptions and other
statements that are other than statements of historical facts.
These statements are subject to uncertainties and risks including,
but not limited to, product and service demand and acceptance,
changes in technology, economic conditions, the impact of
competition and pricing, government regulation, and other risks
contained in reports filed by the company with the Securities and
Exchange Commission. All such forward-looking statements, whether
written or oral, and whether made by or on behalf of the company,
are expressly qualified by the cautionary statements and any other
cautionary statements which may accompany the forward-looking
statements. In addition, the company disclaims any obligation to
update any forward-looking statements to reflect events or
circumstances after the date hereof.
For more information, please contact:
Tri-Tech Holding Inc.
www.tri-tech.cn
IR Department
+86 10 57323666
ir@tri-tech.cn
SOURCE Tri-Tech Holding Inc.
