27th Nov 2012 07:00
AUHUA CLEAN ENERGY PLC
("Auhua" or "the Group")
Auhua wins Prestigious Star of China Award 2012 from Global Finance Magazine
Auhua Clean Energy plc, the AIM quoted (AIM: ACE) environmental technology group based in the Shandong Province of China, is delighted to announce that it has been awarded Star of China 2012 in the renewable energy category by Global Finance Magazine, an international investment publication.
The Star of China Awards recognise the best companies in China which demonstrate pioneering innovation, differentiation and are leading the way for others in their sector. Global Finance Magazine acknowledges Auhua has adopted a different approach to renewable energy and that it focuses on small-scale, split-unit solar water heaters rather than large-scale alternative power projects. The differentiating strategy has boosted Auhua's sales by 35% in the first half of the year and gained the support of several large construction conglomerates which have sought out cooperation agreements. Auhua has won several awards for its product innovation and recently received a five star certification for the quality of its split-unit solar water heaters, the highest grade obtainable under the Shandong Solar Energy Industry Association's industry standards for solar water heaters.
Raphael Tham, Chairman of Auhua said:
"We are very pleased to have received this prestigious award. This is yet another testament to our differentiated strategy and pioneering innovation in the solar industry sector. Solar power in China is a growing industry supported by government policies and we are well positioned to capitalise from this growth."
Further Enquiries:
Auhua Clean Energy plc www.auhuacleanenergy.com
| Raphael Tham Chairman | Tel: +65 9768 6046
|
Northland Capital Partners Limited | Tim Metcalfe Edward Hutton Lauren Kettle | Tel: +44 (0)20 7796 8800
|
Cardew Group | Shan Shan Willenbrock Lauren Foster
| Tel: +44 (0)20 7930 0777 |
Notes to Editors:
Auhua Clean Energy is an environmental technology group based in the Shandong Province of Eastern China specialising in the development and application of green energy and energy efficient solar water heating solutions. In particular, the Group is focused on the manufacture and sale of solar energy water heating systems.
Auhua Clean Energy operates through its wholly owned subsidiaries Shandong Auhua New Energy Co., Ltd and Weihua Auhua New Energy Co., Ltd., of which Auhua Holdings Pte Ltd is the intermediate holding company.
Global Finance is a monthly magazine founded in 1987 by publishing entrepreneurs Joseph Giarraputo and Carl Burgen. Its mission is to help corporate leaders, bankers and investors chart the course of global business and finance.
Global Finance magazine has a circulation of 50,050, audited by BPA, and readers in 163 countries. Its headquarters are in New York, with offices in London, Rio de Janeiro and Milan. Global Finance's audience includes Chairmen, Presidents, CEOs, CFOs, Treasurers and other senior financial officers responsible for making investment and strategic business decisions at multinational companies and financial institutions. http://www.gfmag.com/
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