FEICHENG, China, June 2 /PRNewswire-Asia-FirstCall/ -- China Ruitai International Holdings Co., Ltd. ("China Ruitai,"
"As a rapidly growing US-listed company, we have selected HC International to provide us with a comprehensive investor relations and corporate communications strategy," said Mr. Dianming Ma, Chairman and CEO. "The team at HC International is well-respected and has a proven track record of representing successful Chinese companies listed on US exchanges. We are confident that HC International will help us proactively convey our business model, growth strategy, competitive advantages, and value proposition to shareholders and the investment community at large."
"China Ruitai's cellulose ether is a key organic additive used in the production of foods, cosmetics and pharmaceuticals. These products represent several of the fastest growing consumer sectors driving China's growth," began Matthew Hayden, President of HC International Inc. "The Company is continuously shifting its production capacity towards higher margin products. In addition to being the market share leader in its field, China Ruitai also manages a focused R&D team which regularly develops new products based on market needs and customer demand. We look forward to working with the senior management team, which is supported by a US-based office, to implement an investor communications and marketing strategy which will expand the Company's coverage and shareholder base."
About China Ruitai International Holdings Co.
China Ruitai, through its wholly-owned subsidiary, Pacific Capital Group and its majority-owned subsidiary, TaiAn, is engaged in the production, sales, and exportation of deeply processed chemicals, with a primary focus on non- ionic cellulose ether products. Cellulose ether is an organic chemical that dissolves in water and other organic solvents. Due to the surface-active properties of cellulose ether, it acts as a thickener and stabilizer in aqueous solutions, making it a beneficial additive in a wide variety of commercial industries and products, including, but not limited to the pharmaceutical industry, the construction industry, PVC products, food and beverage products, petroleum, and cosmetics. Specific examples of applications in which cellulose ether products are used include: as a stabilizer and thickener in latex paint; in mortar dry mix for building materials; to improve the performance of resin in PVC production; as a membrane reagent, stabilizer, and thickener in pharmaceuticals; and to improve jam, ice cream, toothpaste and lipsticks in the food and cosmetic industries. TaiAn is one of the largest non-ionic cellulose ether producers in China.
Certain statements in this release and other written or oral statements made by or on behalf of the Company are "forward-looking statements" within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management's expectations, beliefs, plans, estimates or projections relating to the future are forward-looking statements within the meaning of these laws. The forward- looking statements are subject to a number of risks and uncertainties including market acceptance of the Company's services and projects and the Company's continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward- looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
For additional information contact: China Ruitai International Holdings Co., Ltd. Ms. Crystal Tang, VP of Finance Add: 1221 Avenue of Americas Suite 4200 New York, NY 10020 Web: http://www.rutocel.com Tel: +1-212-899-5131 Fax: +1-212-899-3189 Email: [email protected] [email protected] HC International, Inc. John Mattio, Senior Vice President Add: 420 Lexington Avenue New York, New York Web: http://www.hcinternational.net Tel: +1-203-616-5144 Email: [email protected]
SOURCE China Ruitai International Holdings Co., Ltd.
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