L&L's New Beijing Office Initiates Business in North China
SEATTLE, May 6, 2013 /PRNewswire/ -- L&L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the "Company"), a U.S.-based company with profitable coal operations in China, is pleased to announce the opening of its China headquarters in the capital city of Beijing.
With a grand opening and ribbon cutting ceremony held on April 22nd, L&L's new China headquarters located in Beijing's Coal Tower became operational. Staff in the new office have begun evaluating mines designed with annual production capacities of one million tons or greater. L&L Director and former CEO of Shenhua's largest subsidiary, Mr. Jingcai Yang, has been working with L&L management to identify operations that meet L&L's criteria for safety, management, and operational efficiency. L&L will further work with L&L Director Dr. Syd Peng and John T. Boyd Mining Consulting Co. of Pittsburgh, Pennsylvania to ensure acquisition targets meet international JORC standards. These initiatives are in line with L&L's Board of Director's announcement on January 31st to secure larger scale operations with safe operating histories.
The Beijing headquarters also houses L&L's recently established subsidiary, Beijing L&L Jiang Energy Technology Co. With the help of L&L Advisory Board member Dr. Che Ming Dao, an Ohio State University graduate and clean energy expert, L&L Beijing and Apollo Technology Inc. of Taiwan will jointly initiate projects to control coal emissions and remove environmental pollutants such as sulfur, nitrogen and mercury in China.
L&L Chairman and CEO, Dickson Lee commented, "I want to thank hard working L&L management team and Board members for making our Beijing office available quickly, which will facilitate our expansion to North China, and coordinate our Guizhou, Kunming and Taiwan operations. The new Beijing headquarters will create tremendous value by enhancing our connections with new, larger energy partners, and positioning the Company to better respond to the growing China energy need."
L&L Energy Inc.
SOURCE L & L Energy, Inc.
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