HanKore

HanKore: Signed agreement with municipal govt of Shanxi for projects of total waste water treatment capacity of 60k tons per day and 50k tons of treated water for recycling use per day. Projects include BOT water treatment project and a renewable recourses industrial park BOT water treatment project The total amount of investment of the first phase of the both projects is around RMB 100 million. The two projects are expected to start construction in mid Sep 2011 and to be completed in June 2012. Co currently trades at $0.04 and changed its name from Bio-treat in May effectively.