AJ Greentech Holdings Ltd. Analyst Report Issued by BrokerBank Securities, Inc.
Mar 30, 2015, 07:00 ET
NEW YORK, March 30, 2015 /PRNewswire/ -- AJ Greentech Holdings Ltd. (OTCPK: AJGH) a leading developer, manufacturer and distributor of green energy, recently announced the signing of a MOU with Taiwan Taxi to obtain 1500 taxi models for the purpose of research and development of its renewable energy solutions for the transportation industry. Focusing green energy development in a polluted area like China can have significant upside potential given the company executes its business strategy correctly and effectively.
The company has also signed a contract in the past week with Taiwan BYD to manufacture electric taxi models. The e6 electric taxi models will revolutionize the sustainable energy movement with its statistics. With a maximum speed of 140 km/hr. and acceleration comparable to normal everyday cars, the e6 will make an impact on the electric taxi market. A fully charged e6 taxi can travel for 300 km without a charge and can charge up to 80% within 40 minutes. These two news releases combine for a compelling story building up for AJ Greentech Holdings.
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