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L&L Appoints Former China Shenhua Coal Executive to Advisory Board
SEATTLE, Nov. 22, 2011 /PRNewswire/ -- L & L Energy, Inc. (Nasdaq: LLEN) ("L&L" or the "Company"), a U.S. based company since 1995 with coal mining and distribution businesses in China, announced today that Mr. Jingcai Yang, former senior executive of China Shenhua Group Corporation Limited ("Shenhua Group"), will join the Company's Advisory Board.
Mr. Yang is a well known leader in the China coal industry with over 30 years of experience, 16 of those spent with Shenhua Group, the largest coal producing company in the world. He was formerly the Chief Engineer for the Shenhua Group before being named Chairman & CEO of Shendong Coal Corporation, a Shenhua Group subsidiary, where he had full P&L responsibility. In 2010, Shenhua Group's raw coal output was approximately 350 million tons, equating to approximately USD$34.5 billion in operating income. Mr. Yang was elected as a Deputy to the Tenth National People's Congress of China in 2007. He now acts as Chairman & CEO of Ocean Wide Energy Investment Company in Beijing. He graduated from Fu Xin Mining Institute in 1977.
Dickson Lee, Chairman & CEO of L&L commented, "Mr. Yang has substantial experience as one of China's leading coal executives and hands on knowledge of the direction of its coal industry. His strong technical, marketing and strategic knowledge will help as we look to increase our footprint beyond south China. We welcome him to our team and believe his expertise and guidance will prove to be invaluable as we continue to grow our sales and operations." Lee went on to say, "Mr. Yang brings an already a skilled and seasoned team, led by Dr. Peng, to a higher level with added experience in the China coal industry."
Contacts:
L&L Energy, Inc.
(206) 264-8065
ir@llenergyinc.com
SOURCE L & L Energy, Inc.
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