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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Street Hawk who wrote (52804)	3/9/2000 10:32:00 AM
From: Street Hawk	Read Replies (1) \| Respond to of 122087

CLWT -- Another Chinese dotcom wannabe. Environmental protection equipment in China? What a joke. This is really lame, a PR blantantly used to juice the stock. All speculation, read bold. HONG KONG, March 9 /PRNewswire/ -- Euro Tech Holdings Company Limited ("Euro Tech") (Nasdaq: CLWT; CLWTW) Euro Tech announced the establishment of a new company, Chinah2o.com Ltd. of 1502 AT Tower, 180 Electric Road, North Point, Hong Kong. Chinah2o.com is a Hong Kong corporation wholly-owned by Euro Tech (Far East) Ltd., a wholly owned subsidiary of Euro Tech. Through Chinah2o.com, Euro Tech plans to launch a Business-to-Business internet platform in the summer of 2000. The website is under construction and is located at (http://www.chinah2o.com ). The B2B is to be directed at environmental business in China. The purpose of the B2B website is to connect manufacturers, distributors and suppliers of environmental protection equipment and related consultants and engineering firms in the West with potential clients in China (i.e., water, wastewater treatment plants, environmental protection bureaus, environmental monitoring stations, and related industries). It is planned that the website will provide environmental news, directories of western suppliers, potential clients in China, advertisement space and business opportunities. Chinah2o.com may just match suppliers and clients or offer valued added services if required. It is envisaged that the business and other activities generated by Chinah2o.com will have a synergistic effect with those of Euro Tech. Euro Tech's core business is the distribution of automated process control, analytical and testing equipment in the fields of water and wastewater treatment. There can be no assurance that Euro Tech will in fact launch this website, or if launched it will ever prove of commercial value to Euro Tech or that Euro Tech will not sustain losses from its establishment and operations. Euro Tech is headquartered in Hong Kong and distributes products throughout the People's Republic of China and Hong Kong. In addition to Euro Tech's Hong Kong office it has six other offices located in Beijing, Shanghai, Guangzhou, Chongqing, Xian and Shenyang. Euro Tech's website is located at euro-tech.com . For More Information Please Contact: : T.C. Leung, Chairman and CEO, or Jerry Wong, CFO, both of Euro Tech Holdings Company Limited, +852-2814-0311, or fax, +852-2873-4887. SOURCE Euro Tech Holdings Company -0- 03/09/2000 /CONTACT: T.C. Leung, Chairman and CEO, or Jerry Wong, CFO, both of Euro Tech Holdings Company Limited, +852-2814-0311, or fax, +852-2873-4887/ /Web site: euro-tech.com chinah2o.com (CLWT CLWTW)