Chang-On International
Inc. Receives New Certification for Its SF Composed
Materials in Beijing
Harbin, China, July 16 /Xinhua-PRNewswire/ -- Chang-On
International Inc. (OTC Bulletin Board: CAON) ('CAON'
or 'the Company'), a company engaged in the business
of waste recycling and reutilization, announced
that the Company had received a new certification
of its major product of SF Composed Materials from
Beijing Zhongda Huayuan Certification Centre (Zhongda
Huayuan). One of the competitive advantages of CAON
is that it can offer high-quality SF Materials and
services to the market and clients, and this new
certification has proved it. The Company will uphold
this advantage for a long time and keep on enlarging
its market share.
CAON's business concentrates on using waste plastic
and coal ash to develop the product into SF synthetic
materials. By using the SF synthetic materials,
the Company can produce wall board, used in building
construction and drainage covers. These two main
products have been widely used in the building and
construction industry.
Mr. Li Guomin, the President of CAON, said, 'The
qualification of our core product strengthens our
core competition in the domestic market. It shows
that we uphold high standards and offer high-quality
products and services to our clients. We will keep
maintaining this advantage and keep up the input
in technology innovation.'
Zhongda Huayuan is one of the national high-standard
authentication institutions in China. It is the
specialized certification body authorized by some
related governmental departments. Zhongda Huayuan
takes high-quality service, strong technical capability
and advanced management ability to ensure its development,
and provides strong safeguards to successfully achieve
quality objectives, and shape its brand as a well-know
certification body at home and abroad. (Website:
http://www.zdhy.net )
About Harbin Hongbo Environment Protection Material
Ltd.
Founded in 2004, Harbin Hongbo Environment Protection
Material Ltd, operating arm of CAON, is located
in the Harbin Economy & Technology Development
Zone, Heilongjiang Province, China, with a registered
capital of RMB 3 million (or USD 375,000) and total
assets of nearly RMB 10 million (or USD 1.25 million).
It is a joint venture between enterprises from Taiwan,
Hong Kong and a domestic company.
Harbin Hongbo focuses its core business in comprehensive
resources utilization of industrial solid wastes
in resources and environment field. The main product
is SF synthetic material, a new type of material
for environment protection and energy saving, which
is abbreviated for synthetic material of plastics
and coal ash. And based on this material, the Company
develops different products, such as boards and
profiled bars used in well lids, grates for water
drainage pools, guard railings, protective boards
for slopes, hard shoulders, inner wall cable pipes/tubes,
home renovation and others.
The company has maintained the partnership relationship
with Changchun Applied Chemistry Institute of China
Academy of Sciences, which mainly specializes in
researching resources and the environment, advanced
materials, development of carbon dioxide, corn and
rare earth resources, focused development of advanced
structure materials, advanced composite materials,
advanced functional materials. And Mr. Mo Zhishen,
professor of the Institute, acts as the company's
R&D leader.
Harbin Hongbo will focus on the development and
use of SF synthetic material, especially construction
molding board, and then expand the scale of production,
purchase new equipment, increase output in the future
development.
Forward-looking Statements
This report contains 'forward-looking' statements
within the meaning of Section 27A of the Securities
Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All
statements other than statements of historical facts
included in this report are forward-looking statements.
Forward-looking statements involve risks and uncertainties
including, but not limited to, economic and political
factors; developments of the Chinese, European and
North American markets and changes in regulatory
matters; our business strategies and future plans
of operations; the market acceptance and amount
of sales of our products and services; our historical
losses; the competitive environment within the industries
in which we compete; and our ability to raise additional
capital, currently needed for expansion.
The Company cautions that forward-looking statements
are subject to certain risks and uncertainties that
could cause actual results to differ materially
from those indicated in the forward-looking statements
due to several important factors.
For more information, please contact:
Mr. Wang Hui
Tel: +86-451-8269-5010
Email: wanghui-1027@163.com
Web: http://www.chuangon.com