SinoCoking's CEO Visits the United States as a Member of President Hu Jintao's Delegation
PINGDINGSHAN, China, Jan. 18, 2011 /PRNewswire-Asia-FirstCall/ -- SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq: SCOK) (the "Company" or "SinoCoking"), a vertically-integrated coal and coke processor, today announced that its Chairman and Chief Executive Officer, Mr. Jianhua Lv, will be a Chinese Entrepreneur Representative on Chinese President Hu Jintao's delegation for the upcoming official state visit to the United States in January 2011. Mr. Lv's invitation is a reflection of SinoCoking's position as a China-based U.S.-listed energy company as well as its continuing and vital contribution to Pingdingshan's economy. During the state visit, from January 17th to 25th, Mr. Lv will attend various conferences held jointly by both countries' governments.
"I am deeply honored to have been selected to be a part of President Hu's delegation," stated Mr. Lv. "I look forward to this opportunity to not only deepen U.S. interests in China as a whole, but to also promote greater awareness of Pingdingshan and SinoCoking."
SinoCoking, a Florida corporation, is a vertically-integrated coal and coke processor that uses coal from both its own mines and that of third-party mines to produce basic and value-added coal products for steel manufacturers, power generators, and various industrial users. SinoCoking currently has mining rights and capacity to extract 300,000 metric tons of coal per year from its own mines located in the Henan Province in central China. SinoCoking has been producing metallurgical coke since 2002, and acts as a key supplier to regional steel producers in central China. SinoCoking also produces and supplies thermal coal to its customers in central China. SinoCoking owns its assets and conducts its operations through its subsidiaries, Top Favour Limited, a British Virgin Islands holding company, Pingdingshan Hongyuan Energy Science and Technology Development Co., Ltd., Henan Province Pingdingshan Hongli Coal & Coke Co., Ltd., Baofeng Coking Factory, Baofeng Hongchang Coal Co., Ltd. and Baofeng Hongguang Environment Protection Electricity Generating Co., Ltd.
For further information about SinoCoking, please refer to our periodic reports filed with the Securities and Exchange Commission.
Forward Looking Statement
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SinoCoking Coal and Coke Chemical Industries, Inc.
Chief Financial Officer
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