Business
ReTo Eco-Solutions Subsidiary Receives Overseas Order for Fully Automated Block Production Lines
BEIJING, March 22, 2023 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) (the "Company") announced today that its subsidiary, Beijing REIT Technology
About this update from Reto Eco-solutions, Inc.
[{"type":"text","content":"BEIJING, March 22, 2023 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) (the \"Company\") announced today that its subsidiary, Beijing REIT Technology Development Co., Ltd. (\"Beijing REIT\") and Huayuan Chuangshi Industrial Intelligent Technology Co. Ltd. (\"Huayuan Chuangshi\") has signed a procurement contract for block production lines. The contract entails exporting two RT10 fully automated block production lines overseas for the production of various environmentally friendly block building materials using steel slag.\nBeijing REIT was selected by Huayuan Chuangshi for the procurement contract due to its advanced technology, reliable quality, and excellent service. The parties will collaborate to deliver high-quality steel slag comprehensive treatment and recycling equipment to foreign customers, and focus on long-term cooperation to open up overseas markets together.\nMr. Li Hengfang, Chairman and CEO of the Company commented, \"We are excited to have successfully signed an overseas order for our specialized block automated production line which confirms its recognition by the international market. With our solid technical expertise and professional services, we have earned trust and recognition from our customers. We will continue to focus on environmental and ecological equipment, applying proprietary technologies to meet divers customer needs and providing the market with high-quality, low-cost burn-free brick production equipment and services.\"\nThis procurement contract marks an important milestone for the Company, as it continues to expand its footprint in the global market for environmentally friendly building materials and equipment.\nAbout ReTo Eco-Solutions, Inc.\nFounded in 1999, ReTo, through its proprietary technologies, systems and solutions, is striving to bring clean water and fertile soil to communities worldwide. The Company, through its operating subsidiaries in China, is engaged in the manufacture and distribution of eco-friendly construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings), as well as equipment used for the production of these eco-friendly construction materials. In addition, the Company provides consultation, design, project implementation and construction of urban ecological protection projects and parts, engineering support, consultin...