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Land Star Inc. (LDSR) Ying Shun Oil Depot Co. Installation 5.5 Million USD
The Technical Director of Hubei Chuguan presented an installation proposal for the Oil Depot facility. The Oil Depot's representative will submit the proposal to the board of directors for a review. The total investment on the proposed installation is targeted for
Oil Depot's representative invited the Technical Director of Hubei Chuguan Co. Ltd. to discuss this possibility after the technology gained great response from Oil Depot's representatives as well as good response from local economic and energy representatives at the Governance Seminar focused on oil and gas recovery that took place in
Hubai Chuguan Industry Co. Ltd., a subsidiary of LandStar Inc., provides recycling solutions on settlement and reconstruction for oil and gas. With the technologies of Nippon Oil Corporation at its core, Hubai Chuguan Industry Co. Ltd. purchases parts and assembles the recycling units in
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Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of LandStar Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. LandStar Inc. cautions you that any forward-looking information provided by or on behalf of LandStar Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. LandStar Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond LandStar Inc.'s control. In addition to those discussed in LandStar Inc.'s press releases, public filings, and statements by LandStar Inc.'s management, including, but not limited to, LandStar Inc.'s estimate of the sufficiency of its existing capital resources, LandStar Inc.'s ability to raise additional capital to fund future operations, LandStar Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match LandStar Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. LandStar Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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SOURCE Land Star Inc.