Hiru Corporation (HIRU) Seeks Cooperation with the Local Government

Jun 08, 2010, 10:49 ET from Hiru Corporation

NANCHANG, China, June 8 /PRNewswire-FirstCall/ - Hiru Corporation (HIRU; http://www.hirucorporation.com/) and its main subsidiary Jiangxi Shuangshi AHP Co. announces that the company initiated a cooperation dialogue with the local government after a thorough inspection of the company facilities.

Jiangxi Shuangshi AHP Co. announced that the representatives of Nanchang Administrative Bureau of Industry and Commerce inspected the Shuangshi AHP Co.'s facilities and production lines. Shuangshi AHP Co. management introduced the company's market size and business model to the government delegates. Both sides discussed possibilities of mutual cooperation to support agriculture and the animal husbandry industry of the Nanchang province.

A source close to the company stated, "China grows at a breakneck pace, and the bureau has its thumb on the pulse of the commercial activities in the Nanchang Development Zone. The Nanchang Administrative Bureau for Industry and Commerce conducted a thorough inspection of our production lines and facilities to their satisfaction. At that point, the company and the representatives began discussions about cooperation with the bureau. The representatives were highly responsive to what we had to offer, and we plan to continue to foster our relationship and seek mutual cooperation in the future."

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Safe Harbor Statement

Information in this news release may contain statements about future expectations, plans, prospects or performance of Hiru Corporation that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Hiru Corporation cautions you that any forward-looking information provided by or on behalf of Hiru Corporation is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hiru Corporation's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hiru Corporation's control. In addition to those discussed in Hiru Corporation's press releases, public filings, and statements by Hiru Corporation's management, including, but not limited to, Hiru Corporation's estimate of the sufficiency of its existing capital resources, Hiru Corporation's ability to raise additional capital to fund future operations, Hiru Corporation's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Hiru Corporation's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hiru Corporation does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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SOURCE Hiru Corporation