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CleanTech: THT Heat Transfer To Join NASDAQ

July 9, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — THT Heat Transfer Technology, Inc. (NASDAQ: THTI), a provider of heat exchangers and heat exchange solutions in China's clean technology industry, said it has received approval from the NASDAQ's Listing Qualifications Department to transfer the listing of its common stock from the OTC Bulletin Board to The NASDAQ Capital Market.

The transfer will be effective at the opening of the market on July 8. THT's common stock will continue to trade under the symbol "THTI".

The NASDAQ Capital Market is one of the three market tier designations for companies listed on the NASDAQ. Securities listed on The NASDAQ Capital Market must satisfy all applicable qualification requirements for NASDAQ securities, and all companies listed on The NASDAQ Capital Market must meet certain financial requirements and adhere to Nasdaq's corporate governance standards.

THT CEO Guohong Zhao said, "Uplisting to NASDAQ will make our stock more accessible to global investors, as well as enhancing our position in the financial markets, providing increased trading liquidity and increasing awareness of THT's significant growth potential. We look forward to creating more value for our investors."

China-based THT Heat Transfer Technology designs, manufactures and sells plate heat exchangers, shell-and-tube heat exchangers, heat exchanger units and other heat exchanger products.

Heat exchangers are used in a number of industries. THT's products focus on energy conservation, emission reduction and other environmentally friendly applications. Its six major product categories are plate heat exchangers, shell-and-tube heat exchangers, air-cooled heat exchangers, weld plate heat exchangers, heat exchanger units and plate-and-shell heat exchangers.

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