WUXI, China, June 7, 2017 /PRNewswire/ -- Cleantech
Solutions International, Inc. ("Cleantech Solutions" or "the
Company") (NASDAQ: CLNT) today announced that Parkson Yip has been appointed to the new role
of chief operating officer. Mr. Yip will report to Mr.
Jianhua Wu, chairman and chief
executive officer of Cleantech Solutions.
Mr. Yip has more than 20 years of experience in the information
technology and internet media sectors, in both business and
technical positions. Prior to joining Cleantech Solutions, he
served as co-chairman and executive director of Share Economy Group
(HKSE: 1178), which acquired the ECrent sharing economy platform in
Hong Kong in 2016. He also
served as managing director for ECrent Worldwide Company Limited, a
subsidiary of ECrent Holdings Limited, from 2014 through
2016. From 2005 to 2014, Mr. Yip was managing director for
88DB Hong Kong Limited (previously JobsDB), an interactive
classified ad platform in Asia. Prior to that, he held
various technical positions including chief technology officer at
Guangzhou Ruixin Technology, senior software engineer at GeoTel
Communications Corporation which was acquired by Cisco Systems in
1999, and software engineer at Lotus Development which was acquired
by IBM in 1995. Mr. Yip holds a Bachelor of Science in
Computer Engineering from Boston
University.
"Parkson's breadth of experience in driving the development of
sharing economy platforms and M&A in the technology, media and
telecommunications sector are a welcome addition to the Cleantech
Solutions team. I believe his technical and
business acumen will serve the Company well as we pursue new
business initiatives and set the stage for future growth," said Mr.
Wu.
"I look forward to leading Cleantech Solutions initiatives as we
seek to reduce the carbon footprint by encouraging waste
reduction," said Mr. Parkson Yip,
COO of Cleantech Solutions.
About Cleantech Solutions International
Cleantech Solutions, through its affiliated companies, designs,
manufactures and distributes a line of proprietary high and low
temperature dyeing and finishing machinery to the textile
industry.
Safe Harbor Statement
This release contains certain "forward-looking statements"
relating to the business of the Company and its subsidiary and
affiliated companies. These forward looking statements are often
identified by the use of forward-looking terminology such as
"believes," "expects" or similar expressions. Such forward looking
statements involve known and unknown risks and uncertainties that
may cause actual results to be materially different from those
described herein as anticipated, believed, estimated or expected.
The Company's actual results could differ materially from
those anticipated in these forward-looking statements as a result
of a variety of factors, including those discussed in the Company's
periodic reports that are filed with the Securities and Exchange
Commission and available on its website, including factors
described in "Risk Factors" and "Management's Discussion and
Analysis of Financial Condition and Results of Operations" in our
Form 10-K for the year ended December 31,
2016 and in our Form 10-Q for the quarter ended March 31, 2017. All forward-looking statements
attributable to the Company or to persons acting on its behalf are
expressly qualified in their entirety by these factors other than
as required under the securities laws. The Company does not assume
a duty to update these forward-looking statements.
Company Contacts:
Cleantech Solutions International,
Inc.
May Liu, Investor Relations
E-mail: ir@cleantechsolutionsinternational.com
+852-31060372
Web: www.cleantechsolutionsinternational.com
Compass Investor Relations
Elaine Ketchmere, CFA
Email: eketchmere@compass-ir.com
+1-310-528-3031
Web: www.compassinvestorrelations.com
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SOURCE Cleantech Solutions International, Inc.