ReTo Eco-Solutions Wins Prestigious Awards for New Materials, New Technology, Comprehensive Strength and Spirit of Craftsmanship

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Nov 09, 2020, 06:00 ET

BEIJING, Nov. 9, 2020 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (the "Company," "we" or "ReTo") (NASDAQ: RETO), a one-stop, total technology solutions provider for the healthy improvement of ecological environments, today announced the Company won first prize for new materials and new technology, with separate awards for comprehensive strength and spirit of craftsmanship, in the prestigious 2020 (Xiong'an) Gardening Craftmanship Competition hosted by China's Xiong'an New Area. Dozens of companies participated in the competition during October, with exhibitions and experts from related fields.

ReTo exhibited water conservancy slope protection bricks and retaining walls made with construction waste as the main raw material. The Company showcased various brick types for municipal roads, and domestic sewage treatment products. In addition, the Company featured its unique powder stabilization, and the digital paving system technology in cooperation with Tsinghua University, winning praise from design and construction companies, and other industry participants. ReTo's proprietary powder stabilization technology enables the recycling of previously unprocessable sludge byproduct from construction waste recycling into bricks for municipal roads and other uses.

Mr. Li Hengfang, ReTo's Chairman and Chief Executive Officer, commented, "We thank the Xiong'an New Area for putting on such a competitive and influential event. This was an ideal showcase for us to highlight ReTo's proven one-stop construction waste treatment program to influential leaders from the ecological, environmental and urban construction industries. We continue to push boundaries on what is achievable in concept and technology for the recycling of construction waste. Our commitment, investments and results are directly aligned with the ecological requirements of the Xiong'an New Area and broader markets we are targeting. Working with ReTo, customers and municipalities can better meet waste-free requirements, while speeding up the construction of new areas that share a waste-free, resource-saving foundation."

About ReTo Eco-Solutions, Inc. (NASDAQ: RETO)

Founded in 1999, ReTo (NASDAQ: RETO) is a leader in ecological innovation, with sustainable environmental priorities and seeks to empower communities through its proprietary technologies, systems and solutions, which have been used to bring clean water and fertile soil to villages and cities worldwide. The Company is founded on its strategy of Technology Improves Ecology and is a full spectrum provider of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design and installation for the health and improvement of ecological environments, such as ecological soil restoration, through solid waste treatment. For more information, please visit: http://en.retoeco.com

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company's statements regarding: 1) its ability to assist in environmental protection; 2) its ability to discover new technologies; and 3) its ability to penetrate new markets are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of construction and ecological solutions in China and internationally; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and internationally and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

SOURCE ReTo Eco-Solutions, Inc.