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
SOURCE China Industrial Waste Management, Inc.