American Jianye Greentech Holdings, Ltd. (AJGH.OB) to Operate Retail Gas Stations through Their Subsidiary
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…