Breaking News: JSTI and TestAmerica Complete Equity Delivery for Better Global Presence

01-Oct-2016
JSTI Group and the US-based TestAmerica submitted a merger certificate required in the General Corporation Law of Delaware to the Secretary of State of Delaware on September 24, 2016 Beijing Time (September 23, 2016 US Time), marking the finalization of their merger formalities. TestAmerica has been a subsidiary wholly-owned by JSTI Group since then. 

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On September 27, JSTI Group issued the Announcement on the Completion of 100% Equity Delivery for Acquiring TestAmerica Environmental Service, LLC. On the same day, JSTI CEO Wang Junhua convened the first board meeting of TestAmerica in Buffalo, the second largest city in the New York State, USA. Mr. Wang Junhua serves as board chairman of TestAmerica, with Ms. Rachel Brydon Jannetta, Mr. Scott Morris and Mr. Wu Xiaoming as members of the Board of Directors. Also, the Board of Directors appointed new management members for TestAmerica. On the next day, TestAmerica held its first operation personnel meeting after the equity delivery, at which participants discussed in details the future development plan of TestAmerica. JSTI Vice President Cao Rongji, who was visiting and learning in the States, also attended this meeting as a special representative. 

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TestAmerica is the leading environmental testing firm in the United States, offering diversified “one-stop” testing services to clients throughout the US, with an extensive testing scope, a complete testing information management system and laboratories located throughout the 50 states in the USA. It ranks first in the fields of water source testing, air testing and solid waste testing, and is one of the country's most comprehensive providers of testing services. In addition, TestAmerica receives samples from over 40 countries and runs a service sharing center in Thailand. Its clients cover the world's biggest industrial enterprises, federal institutions, major environmental and water companies, state governments and urban water supply and sewage treatment organizations. Its environmental testing laboratory in Buffalo is one of its important labors in East US. The cooperation between JSTI and TestAmerica helps JSTI Group learn from the world's advanced environmental testing technologies and systems and rapidly expand its Chinese market share in the field of environmental testing so as to improve its presence in the environmental protection industry and build China's biggest third party testing platform. Moreover, it will effectively expand TestAmerica's advanced testing business from the US, help it go global while developing in the US, into the Asia market, including China, where environmental service demands have surged, for dealing with challenges in environments and health in Asian countries. (Development Department) 

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