JIANGSU, China, Dec. 20, 2010 (GLOBE NEWSWIRE) -- China Green Energy Industries, Inc. (OTCBB:CGRE), a leading manufacturer and distributor of high tech and environmentally friendly consumer products, today announced that it has received a purchase order from a European consumer products distributor for Coca-Cola (NYSE:KO) branded cryogen-free refrigerators valued at approximately $1 million over the next six months.
Mr. Jianliang Shi, Chairman and Chief Executive Officer, commented, "This latest order for our Coca-Cola branded cryogen-free refrigerators is indicative of the market's growing recognition and acceptance of our environmentally friendly quality products and favorable price points. These refrigerators do not use Freon, consume less electricity and do not cause pollution during the manufacturing process. We are committed to addressing environmental concerns around the world with the spectrum of products that we offer while increasing shareholder value through increased sales and expanding profits."
About China Green Energy Industries
China Green Energy Industries is a leading manufacturer and distributor of high tech and environmentally-friendly consumer products. The company has three main product lines: light weight electric vehicles (LEV), cryogen-free refrigerators, and network/HDMI cables. It has well-established sales channels in China, with significant exports to Europe. China Green Energy Industries manufactures and distributes its own products under the brand name "Best," and also sells its product under private label to leading OEMs and Fortune 500 companies such as Wal-Mart, Carrefour, Home Depot, Ford, Pepsi, Coca-Cola, Carlsberg, Disney, etc. Additional information about the company is available at: www.chinagei.com.
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