Form 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
For October 19, 2001
Euro Tech Holdings Company Limited
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(Translation of registrant's name into English)
18/F Gee Chang Hong Centre, 65 Wong Chuk Hang Road, Hong Kong
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(Address of Principal executive offices)
Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20-F or Form 40-F.
Form 20-F [ X ] Form 40-F [ ]
Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the
information to the Commission pursuant to Rule 12g3-2(b) under the
Securities Exchange Act of 1934.
Yes [ ] No [ X ]
If "Yes" is marked, indicate below the file number assigned to
the registrant in connection with Rule 12g3-2(b):82-_______________.
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Item 5. Other Events
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On October 18, 2001, Euro Tech Holdings Company Limited (the
"Registrant") issued a press release with regards to the opening of a
shop to sell products directly to customers in Beijing.
The press release is attached as an exhibit and is incorporated
by reference herein.
Item 7. Financial Statements and Exhibits
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Exhibit - Press Release dated October 18, 2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized.
EURO TECH HOLDINGS COMPANY LIMITED
(Registrant)
Dated: October 18, 2001 By: /s/ T.C. Leung
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T.C. Leung, Chief Executive
Officer and Chairman of the Board
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Exhibit - Euro Tech 6K October 18, 2001
Euro Tech Holdings - Opening of Shop in Beijing
HONG KONG, October 18, 2001/PRNewswire -- Euro Tech Holdings Company
Limited (Nasdaq: CLWT: CLWTW: ("Euro Tech").
On October 12, 2001 Euro Tech officially opened a shop in Beijing to
sell inventoried water, waste water related process control,
analytical and testing instruments and other electronics testing
equipment to potential customers. Euro Tech's shop is located at 92A
Xi Zhi Bei Dai Street, Xi Zhen District, Beijing. This Beijing shop
was opened earlier than planned. Euro Tech had planned to open the
shop by the end of 2001. In April of 2001, Euro Tech had opened its
first such shop in Shanghai. If the Beijing and Shanghai shops prove
commercially feasible, Euro Tech intends to explore having independent
third parties, not otherwise affiliated with Euro Tech, establish
similar shops in other cities in China. In view of China's impending
WTO accession, the two shops and possible shops to be opened by
independent third parties represent a new marketing tool to be used by
Euro Tech. There can be no assurance that the shops will prove to be
commercially viable, that Euro Tech will not sustain losses in
connection with the founding costs of opening and running the shops,
hiring personnel and similar expenses. There can be no assurance that
similar shops will be established by independent third parties, that
any such third party shop will be come commercially viable, or result
in any significant revenues or profits to Euro Tech.
Certain statements in this news release regarding Euro Tech's
expectations, estimates, present view of circumstances or events, and
statements containing words such as estimates, anticipates, intends,
or expects, or words of similar import, constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Euro Tech would like to caution readers regarding
certain forward-looking statements in this document and in all of its
communications to shareholders and others, press releases, securities
filings, and all other communications. Such statements indicate
uncertainty and Euro Tech can give no assurance with regard to actual
outcomes. Specific risk factors may include, without limitation,
having Euro Tech's offices and operations situated in Hong Kong and
China, doing business in China, competing with Chinese manufactured
products, competing with Euro Tech's own suppliers, dependence on
vendors, and lack of long term written agreements with suppliers and
customers, development of new products, entering new markets, possible
downturns in business conditions, increased competition, loss of
significant customers, availability of qualified personnel,
negotiating definitive agreements, new marketing efforts and the
timely deployment of resources. Please see the "Risk Factors" in Euro
Tech's filings (including Form 20-F) with the Securities and Exchange
Commission for a description of some, but not all, risks,
uncertainties and contingencies.
/CONTACT: T.C. Leung, Chairman and CEO, or Jerry Wong, CFO,
+852-2814-0311, or fax +825-2873-4887, both of Euro Tech Holdings
Company Limited.
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