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RETO Eco-Solutions Priced, Nasdaq: RETO

Chinese supplier of eco-friendly construction materials.

Industry: Materials

First Day Return: +111.4%

Industry: Materials

We are a manufacturer and distributor of eco-friendly construction materials (aggregates, bricks, pavers and tiles), made from mining waste (iron tailings) and fly-ash, as well as equipment used for the production of these eco-friendly construction materials. In addition, we provide project implementation and construction of urban ecological environments including those for the purpose of capturing, controlling and reusing rainwater, commonly called "sponge cities". We also provide parts, engineering support, consulting, technical advice and service, and other project-related solutions for our manufacturing equipment and environmental protection projects. We mainly conduct our operations in China through our wholly owned subsidiary, REIT Ecological, Beijing REIT and its subsidiaries in China. Our business consists of construction materials production and distribution (53% of 1H17 sales) and machinery and equipment production and sales (47%).
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RETO Eco-Solutions (RETO) Performance