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.
Real-time, streaming research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://investrend.stocksmart.com/ss/html/hpcompany.html). Current valuation analysis research for companies and funds mentioned in FinancialWire(tm) news is available via the Investrend Research Syndicate (at http://www.valuengine.com/rep/searchsrep?pid=42&srchfor=).
FinancialWire(tm) is committed to serving the financial community through true journalism and providing relevant resources to investors. Standards-based, independent equity research on numerous public other companies is available through the Investrend Research Syndicate (http://www.investrend.com/reports) written by FIRST Research Consortium (http://www.investrend.com/FIRST) member-providers. Free annual reports and company filings for companies mentioned in the news are available through the Investrend Information Syndicate (at http://investrend.ar.wilink.com/?level=279). FinancialWire(tm), in cooperation with the Investrend Broadcast Syndicate, also provides complete, daily conference call and webcast schedules as a service to shareholders and investors via the FirstAlert(tm) Network’s “FirstAlert(tm) Daily” (at http://www.financialwire.net/news-alerts/).
FinancialWire(tm) is a fully independent, proprietary news wire service. FinancialWire(tm) is not a press release service, and receives no compensation from subject entities, companies, equities, or representatives thereof, for its news, opinions or distributions. Further disclosure is posted at the FinancialWire(tm) website (at http://www.financialwire.net/disclosures.php and http://www.financialwire.net/2010/04/23/safe-harbor/). Additional resources for investors are also accessible via the FinancialWire(tm) website (at http://www.financialwire.net/2010/04/23/investor-resources/). Contact FinancialWire(tm) directly via inquiries@financialwire.net.
Copyright © MMX, FinancialWire(tm); All rights reserved.
[hlmsmlh] [lstngsnws] [ntrntnlcmpnsbsnss] [cndnexh] [altrntvtnr] [nrgyygrn] [grrnnwsnr] [nvstnggts] [ctvstsvtc] [ftrdnwswnd]
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.