AJ Greentech and Dalei Auto Group Will Collectively Manufacture New Energy and Energy Efficient Vehicle Components in China and

AJ Greentech and Dalei Auto Group Will Collectively Manufacture New Energy and 
Energy Efficient Vehicle Components in China and the
United States to Generate and Promote Higher Standards of Energy
Efficiency and New Energy Transportation Internationally 
NEW YORK, NY and SHENZHEN, CHINA -- (Marketwired) -- 02/24/14 --  AJ
Greentech Holdings, Ltd. (OTCQB: AJGH), a leading developer,
manufacturer and distributor of green energy, announced today that it
has reached a manufacturing agreement with Dalei Auto Group, an
industry leader in the field of motor vehicle research and
development, which has led to it being the recipient of the National
Science and Technology Progress Award in the area of auto detection.  
Per the agreement, AJ and Dalei Auto Group will jointly design and
manufacture new energy and energy efficient vehicle components. With
the strong backgrounds of both companies in R&D, the combined
resources will allow for pioneering innovation in automobiles that
are environmentally friendly and still function at a high value. The
new energy technology will not only add an extra layer in the field
of renewable application, it will also change the way the automobile
industry is heading. Both parties agree that this joint venture is in
the best interests of their respective companies, the field of
renewable science, and the world. 
Ms. Chu Li An, Chief Executive Officer, commented, "We are pleased to
be working with Dalei Auto Group on this endeavor. We believe that
the strong technology background of Dalei combined with the market
presence and research capabilities of AJ Greentech will give us an
incomparable advantage in the field of green technology. This project
is not only compliant with US government policy initiatives in the
area of green technologies, it will simply revolutionize the field." 
About Dalei Auto Group: 
 Dalei Group is one of the biggest
manufacturers and suppliers of motor vehicle detection equipment,
computer control systems and industry software products in China. The
only national company won National Science and Technology Progress
Award in auto detection industry. Since 1989, Dalei has established
many national and provincial auto detection stations which total more
than 10,000. Dalei has participated in the setting of industry and
national standards. The detection and maintenance products
manufactured by Dalei have won more than ten national patents and
computer software copyrights. Those products have been recommended by
the transport and police ministry. The company is comprised of a
40-person R&D team, made up of industry experts and high level
engineers. Additional information about the company is available at:
About AJ Greentech Holdings: 
 AJ Greentech Holdings is a
full-service environmental technologies and R&D firm dedicated to
providing innovative solutions to communities, industry and
governments addressing issues of green energy, environmental
protection and sustainability. It offers innovative solutions for
Green Transportation, Green Energy and Sustainability. It integrates
its own native advanced technologies along with third-party
technologies and systems to provide its customers with the most
effective and economical solutions. Additional information about the
company is available at: www.ajgreentech.com.  
Forward-Looking Statements: This release contains certain
"forward-looking statements" relating to the business of the Company.
These forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or similar
expressions. Such forward-looking statements involve known and
unknown risks and uncertainties that may cause actual results to be
materially different from those described herein as anticipated,
believed, estimated or expected. Investors should not place undue
reliance on these forward-looking statements, which speak only as of
the date of this press release. The Company's actual results could
differ materially from those anticipated in these forward-looking
statements as a result of a variety of factors, including those
discussed in the Company's periodic reports that are filed with the
Securities and Exchange Commission and available on its website
(www.sec.gov). All forward-looking statements attributable to the
Company or to persons acting on its behalf are expressly qualified in
their entirety by these factors other than as required under the
securities laws. The Company does not assume a duty to update these
forward-looking statements.  
AJ Greentech Holdings, Ltd.
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