American Jianye Greentech Holdings, Ltd. announced that their wholly owned subsidiary, Heilongjiang New Clean Fuels Co., would begin operating retail gas station outlets in Guangxi, China this year. The gas stations will sell conventional and American Jianye Greentech Holdings alcohol based fuels.
Mr. Haipeng Wang, President of American Jianye Greentech Holdings, commented, “These retail outlets will create new users of our alternative fuels in the Guangxi Zhuang region of Southern China, and help us develop a better understanding of our alcohol-based clean fuels among consumers. It’s an opportunity for us to leverage our existing fuel distribution assets, with a vertically integrated retail gas station business. Our goal is to expand all of our fuel distribution networks in advance of our new refinery coming on line later this year. We see these retail gas stations as natural avenue to pursue that objective and believe these operations will benefit our overall distribution profit margins.”
American Jianye Greentech Holdings recently announced that Heilongjiang New Clean Fuels Co., Ltd. opened an office, and is completing the construction of a new clean fuels production plant, in the North Industrial Area, Liaoning Province, Tieling City, China.
American Jianye Greentech Holdings, Ltd. is a developer, marketer and manufacturer of alcohol-based automobile fuel products in the People’s Republic of China. The Company’s affiliate, Zhao Dong Jianye Fuel Co., Ltd. manufactures these fuel products.
Formerly known as Gateway Certifications, Inc., the Company changed their name to American Jianye Greentech Holdings Inc. in February 2010. The Company designs their products to function as a lower-cost, more environmentally friendly alternative to conventional gasoline-based auto fuel. Their primary business is to distribute ethanol and methanol as alternative fuel for automobile use. They have offices in Flushing, New York and Harbin City, Heilongjiang Province, China.
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