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L&L International Announces to Establish New Subsidiary in GuangZhou City

 

SEATTLE, Sept. 8 /PRNewswire-FirstCall/ -- L&L International Holdings, Inc. (OTC Bulletin Board: LLFH) ("L&L"), a U.S.-based company operating coal businesses in China, announced today it has submitted a new subsidiary application to the GuangZhou City government, to expand operations into the capital of Guangdong Province.

The new subsidiary, provisionally named as Shining Star Co. Ltd, is a step to expand L&L's energy (coal) operations into the wealthy Guangdong Province in China. L&L will have controlling interests in the new GuangZhou subsidiary with minority partners from coal leaders including a retiring General Manager of a large state-owned enterprise in China. The new subsidiary will enable the Company access to an integrated transportation network including freight shipping to increase L&L's exposure to coal buyers.

Dickson Lee, Chairman of L&L, stated: "We are excited to expand our operation from one province into multiple provinces in China. The partnership with well-respected business partners in the prosperous Guangdong province will increase our sales, customer bases, and efficiencies in the next few months."

With a strong private sector, Guangdong is a major economic center for foreign investors from Hong Kong, Taiwan, and the US. Its capital city, GuangZhou, located about 75 miles north of Hong Kong, has large port facilities with strong demands for coal and other energy.

More details on the establishment of the subsidiary, including the office location and contact information, will be disclosed as they are known.

About L&L International Holdings

Founded in 1995 and headquartered in Seattle, Washington, L&L serves the vast energy market in China. L&L is operating two profitable coal mines, two clean coal washing facilities, and a wholesale network in the coal-rich Yunnan Province. For more information, please visit Company's website at http://www.lnlinternational.com.

Forward-Looking Statements

The statements contained in this document that are not statements of historical fact, including but not limited to, statements using terms such as "expect", "will," and other expressions related to Company's future performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties. The actual results of the future events described in the forward-looking statements could differ materially from those stated due to factors identified in SEC filings made by the company. Other than required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

    Contact:
    Dave Gentry
    RedChip Companies, Inc.

    (800) 733-2447, Ext. 104
    info@redchip.com

SOURCE L&L International Holdings, Inc.

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