Amtech Resources Signs Agreement to Merge with Xin Hong Ye Real Estate Development in People's Republic of China.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- Amtech Resources (Pink Sheets:ARII ARII American Railcar Industries Inc (St Louis, Missouri) ) has signed a Letter of Intent to merge with Xin Hong Ye Real Estate Development Inc., one of the fastest growing real estate development companies in South China with over $30 million (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) in revenues. Terms of the merger were not disclosed. Amtech anticipates that the merger will be finalized within the next few weeks pending shareholder approval. With headquarters in Shun De, in the Hong Gang Gan Yaun Industrial District, Guaong Zhou Province, Xin Hong Ye specializes in the design, construction and property management of shopping centers, office buildings, housing projects and toll roads The following is a list of toll roads. Toll roads are roads on which a toll authority collects a fee for use. This list also contains toll bridges and toll tunnels. Lists of these subsets of toll roads can be found in List of toll bridges and List of toll tunnels. . The company has developed an exceptional reputation for its high quality of work with government agencies throughout the People's Republic People's Republic n. A political organization founded and controlled by a national Communist party. of China. Xin Hong Ye Real Estate Development Inc. has been incorporated in the People's Republic of China since 1992. The company is currently involved in a massive city development project in Northern China and construction of a large land fill site in Southern China. Disclaimer: The company relies upon the Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Laws of 1933, 1934 and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the company include, but are not limited to, government regulation; managing and maintaining growth; the effect of adverse publicity; litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. ; competition; and other factors which may be identified from time to time in the company's public announcements. |
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