BEIJING, March 10, 2023 /PRNewswire/ -- ReTo Eco-Solutions, Inc. (Nasdaq: RETO) (the "Company") today announced that its subsidiary, Beijing REIT Technology Development Co., Ltd. ("Beijing REIT"), has won the bid to supply professional block making machines for a real estate construction project implemented in Beijing City by Zhongjian Yipin Property Management Co., Ltd (“Zhongjian Yipin”), a subsidiary of Zhongjian Sanju Construction Engineering Company Limited, a state-owned company involved in the utilization of construction waste renewable resources in China.

Pursuant to the contract signed, Beijing REIT will supply mobile model RT6 block machines production line for the recycling of construction waste to Zhongjian Yipin for its Beijing real estate project. The model RT6 is the latest mobile model developed by Beijing REIT relying on its specialized technologies that helps tailor the machineries for different clients while ensure high product quality and cost-efficient services.

Mr. Hengfang Li, Chairman and CEO of the Company, commented: “We are excited to win the bid, which is a further demonstration in terms of our technical strength and high levels of customer acceptance. The machines will adopt convenient, flexible and advanced production technology, integrated and mobile methods, and make high-end building materials through classification and comprehensive treatment of construction waste at the demolition site, which will be used in construction, turning waste into treasure while protecting the environment. It’s in line with the company’s philosophy of ‘using technology to improve ecology’. RETO will continue our efforts in innovation of block forming equipment and technologies and provide more advanced technology and services to the market .”