Hong Kong--(Business Wire)--Freetech Road Recycling Technology (Holdings) Limited(“Freetech”, or the “Group;” stock code: HK.6888), a leading and fast-growing asphalt pavement maintenance service provider, announced that in October 2015, the Group successfully completed Shangrao Section of Highway G320 road maintenance project totalling 360,000m2 in Jiangxi Province, using its patented “Hot-in-Place” recycling technology.Test datafrom athird-party testing institution showed that this projecthas met the national regulatory requirements.
In the mid of October 2015, China’sMinistry of Transportconducted the Twelfth Five-Year NationalHighway Maintenance and Management Inspection (“National Road Inspection”). In order to obtain higher scores during the assessment, the National Highway System started to conduct road maintenance work. Preparing for the National Road Inspection, Shangrao Section of Highway G320 introduced the Group’s “Hot-in-Place” recycling technologyto conduct the road maintenance project.
In this project, the Group demonstratedthe advantages of lots of equipment, highmaintenance speed and technical skills to handlespecial pavement surface by using a total of 3 sets of equipment in the projectat the same time. Each set could maintain a rapid maintenance speed without closing the roads to all traffic andcausingtraffic obstruction and greatly shortened the period. Meanwhile, the project contained pavement maintenance of the Sanqingshan Bridge,in which the Group also successfully handled the bridge expansion joints.
On October 27th, the road section maintainedby the Group successfully passed the "National Road Inspection" withimproved scoresin material recycling, flatness, etc.
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About FreetechRoad Recycling Technology(Holdings) Limited (Stock Code: HK.6888)
FreetechRoad Recycling Technology is the asphalt pavement maintenance (“APM”) service provider renowned in the sector for its Road Doctor brand with patented Hot-in-Place Recycling Technology,as well as the manufacturer and seller of a wide range of APM equipment. As of30 June, 2015, the Group owned 108registered patents and had6pending patent applications in Hot-in-Place Recycling Technology and related equipment. The Group has also established ten joint ventures and associates and appointed twelve franchisees across China including Hunan, Inner Mongolia, Jiangsu, Fujian, Xinjiang and Guangdong in order to expand its customer base across the country.
Contacts:
Freetech Road Recycling Technology (Holdings) Limited
Vicky Xue, +852-2330 9600
Fax: +852-2363 7987