Freetech Road Recycling Technology Successfully Completed Shangrao Section of Highway G320 Road Maintenance Project in Jiangxi Province

HONG KONG--()--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 data from a third-party testing institution showed that this project has met the national regulatory requirements.

In the mid of October 2015, China’s Ministry of Transport conducted the Twelfth Five-Year National Highway 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 technology to conduct the road maintenance project.

In this project, the Group demonstrated the advantages of lots of equipment, high maintenance speed and technical skills to handle special pavement surface by using a total of 3 sets of equipment in the project at the same time. Each set could maintain a rapid maintenance speed without closing the roads to all traffic and causing traffic 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 maintained by the Group successfully passed the "National Road Inspection" with improved scores in material recycling, flatness, etc.

About Freetech Road Recycling Technology (Holdings) Limited (Stock Code: HK.6888)

Freetech Road 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 of 30 June, 2015, the Group owned 108 registered patents and had 6 pending 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
ir@freetech-holdings.hk, enquiry@freetech-holdings.hk

Release Summary

Freetech Road Recycling Technology announced that in October 2015, the Group successfully completed Shangrao Section of Highway G320 road maintenance project totalling 360,000m2 in Jiangxi Province.

Contacts

Freetech Road Recycling Technology (Holdings) Limited
Vicky Xue, +852-2330 9600
Fax: +852-2363 7987
ir@freetech-holdings.hk, enquiry@freetech-holdings.hk