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ReTo NASDAQ Bell Ceremony, A Leader Of Eco-friendly Construction Industry

ReTo NASDAQ Bell Ceremony, a leader of eco-friendly construction industry ReTo Eco-solutions, Inc.


(REIT Holding) Chairman Mr. Li Hengfang, senior executives and employees held a closing bell ceremony at the Nasdaq Times Square in New York at 22:00 on December 22, 2017 (US time).

ReTo was listed in NASDAQ successfully on November 29, 2017, which is not only an important milestone in the history of the company, but also a new starting point.


ReTo has been serving domestic and overseas companies and making self-independent R&D since its foundation. There are more than 80 patents and equipment has been exported to around 100 countries and regions, such as the United States, Canada, India, UAE, Algeria and Brazil.

It was reported that there were 28 Chinese companies listed in America in 2017. ReTo was one of the most brilliant ones in the stock. Since its first day of listing, $ 5.00 per share was traded in NASDAQ. The closing quotation was 8.34 U.S. dollars per share on 22nd, December, 2017, an increase of 67%. During that period, the stock rose as high as $ 12.75, an increase of 155%.



Mr. Dai Guangfeng, COO of ReTo, introduced that it is estimated that China's urban population will reach 60% by 2020 while urbanization trend is the benchmark for the Chinese government to emphasize green energy-efficient buildings. The new green building area will account for 30% of the total construction area at the same year, which is a great benefit for ReTo providing designing, inventing, processing and selling eco-friendly construction materials and environmentally friendly building materials manufacturing equipment.


REIT Holding, established in 1999, engages in the design, invention, processing and sales of eco-friendly building materials and environmentally friendly building materials production equipment and provides integrated solutions to the utilization of metal tailing, fly ash and other solid waste production of wall materials, pavement materials, Water conservancy blocks and landscape materials. ReTo revenue from eco-friendly building materials business increased by 132%, while that of eco-friendly building materials equipment increased by 101% in 2016.

 


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