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Category:  Press » Nanotechnology

 

China Nanotech Retains CCG Elite

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2006-08-16 05:58:53     
China Nanotech Inc.

China Nanotech Inc., formerly Zeolite Exploration Company (OTC Bulletin Board: ZXPL) has retained CCG Elite to design and execute its investor relations campaign. China Nanotech is a leading manufacturer of nano precipitated calcium carbonate ("NPCC") and specialty chemicals in the People's Republic of China.

"NPCC offers multiple benefits to a variety of industries, such as making products better by improving the mechanical properties of plastics and rubber or impact resistance," said Mr. Xiangzhi Chen, President, CEO and Director of China Nanotech. "We believe that our proprietary manufacturing process for NPCC and intense product development and research activities will enable us to continue to expand the range of applications for this critical material. As a public company, we have the flexibility to expand our capacity to meet anticipated future demand."

China Nanotech operates two manufacturing businesses, one for NPCC and one for coal-based chemicals. NPCC is an emerging market with numerous possibilities of applications, many of which are yet to be developed. China Nanotech is the leading supplier for the tire and building materials markets, both of which provide growth opportunities. In addition, it is the only Chinese manufacturer of NPCC that is currently able to supply the tire industry.

The Company has developed in cooperation with Tsinghua University a new membrane separation technology which reduces the cost of manufacturing NPCC. China Nanotech holds the patents for this technology and has the exclusive rights for its commercial application.

"China Nanotech has strong growth potential benefiting from their planned capacity expansion and continued R&D," commented Crocker Coulson, President of CCG Elite. "Their historical revenue growth and strong operating margins position them as a very attractive investment vehicle that leverages the growth of a number of important industries in China.''

About CCG Elite

CCG Elite is a joint venture between Elite Communications, based in Hong Kong, and CCG, one of the leading investor relations agencies in the U.S. CCG Elite is uniquely positioned to provide an outsourced, high-level investor relations solution that combines in-depth understanding of Asia's corporate culture and economic scene and a direct pipeline into the leading funds and broker-dealers in the U.S. CCG Elite is a global, full-service investor relations agency with corporate headquarters in Los Angeles and offices in New York City, Irvine, CA and Hong Kong. The agency's Asia-based clients include Haier Electronics Group, Hua Han Bio-Pharmaceutical Holdings Limited, Yantai North Andre Juice Co., Sinolink Worldwide Holdings Ltd., Panva Gas Holdings Limited, Pico Far East Holdings Ltd., Kasen International Holdings Limited, Sinotronics, Good Fellow Group Limited, Century Sunshine and Citic 21CN Company Limited. CCG Elite's U.S.-based clients include TRW Automotive Holdings, Quality Systems, Accuride Corp., SI International, Lite-On Corp. and City Telecom Ltd.

About China Nanotech Inc.

China Nanotech is engaged in the business of manufacturing, marketing and selling a variety of nano precipitated calcium carbonate ("NPCC") products and coal-based chemicals for use in various applications. China Nanotech converts limestone into NPCC using its proprietary technology. The unique chemical and physical attributes make NPCC a valuable ingredient in tires, paints, polyvinyl chloride ("PVC") building materials and other products. It enhances the durability of many products by increased strength, heat resistance, and dimension stabilization. China Nanotech is also engaged in the manufacture and sale of coal-based chemical products namely ammonium bicarbonate, liquid ammonia, melamine and methanol. China Nanotech markets and sells its coal-based products mainly for chemical fertilizers and raw materials in the production of organic and inorganic chemical products, including formaldehyde and pesticides.

Safe Harbor Statement

Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand especially in the tire industry, changes in composition of tires, ability to attract new customers, ability to increase its product's applications, ability of its customers to sell products, cost of raw material, downturns in the Chinese economy, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission.

Specialized in: Nanotech - Ccg Elite
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