SEATTLE, Feb. 17, 2012 /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 southwest China, announced today that L&L Chairman and CEO, Dickson Lee and Vice President and Director, Ed Moy were invited by the Guizhou Provincial Governor, Zhao KeZhi to join a US – China Guizhou Business Luncheon in Los Angeles on Thursday, February 16.
During the luncheon, Governor Zhao praised L&L's leadership and participation in the Guizhou coal consolidation process and encouraged L&L to continue acquiring additional mines in the region, citing Guizhou's vast coal resources. Governor Zhao praised L&L's ability to bridge the gap between US and Guizhou mining standards and enhance Guizhou's international presence.
The meeting between L&L and Guizhou government officials also included the Director of Guizhou Department of Commerce, Mr. X.Q. Shen, Vice Secretary General of Guizhou Provincial Peoples Government, Mr. Gang Li, and Ms. G.D. Chen, the Deputy Director General of Foreign Affairs.
L&L Chairman and CEO Dickson Lee commented, "It was our pleasure to receive such encouraging words from Governor Zhao and share ideas with other senior members of the Guizhou government. We currently own three mines in Guizhou (Ping Yi, Da Ping, and Weishe). Under the guidance of L&L director and world renowned coal expert, Dr. Syd Peng, we will continue to acquire quality and safe coal mines within Guizhou, the largest producing coal province in South China."
Lee Continued, "This meeting not only solidified our relationship with the Guizhou government and its regulators, but helped us further understand the direction of Guizhou's consolidation process. China's business environment is very different from the United States, with relationships playing a larger role in a company's success. We are encouraged by this meeting and look forward to working with the government to achieve our consolidation plans."
Photos of the meeting between L&L and Governor Zhao are available on L&L's website.
Contacts:
L&L Energy, Inc.
(206) 264-8065
[email protected]
SOURCE L & L Energy, Inc.
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