SEATTLE, Aug. 13, 2012 /PRNewswire/ -- L&L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or the "Company"), a Seattle-based company with a track record of profitable coal operations in China, completed its annual on-site investor tour in China. This year's site visit focused on the Company's growth in Guizhou Province under its consolidation strategy. In attendance were investors representing institutions from both the U.S. and Asia, including affiliation with a blue-chip Hong Kong-listed company.
On August 10, the site visit began at L&L's Guiyang headquarters with a management meeting and presentation on the Company's expansion. Following the presentation, investors visited L&L's loading and storage space at ShinPingBa and GuangShunYuan Mining Co.'s 33-acre site, where L&L plans to co-develop a coal washing, blending and storage facility. On August 11, management led a tour of the Weishe mine, which was designated as a model mine by the HeZhang County government and recently received final approval for full coal production.
"Hosting a site visit enables investors to see the size of our operations firsthand and gain greater insight into our robust business," commented Dickson Lee, L&L's Chairman and CEO. "We will continue our strong communication with our shareholders at the upcoming annual general shareholders meeting on August 31, where shareholders will elect L&L's directors for the coming year. I will also issue a Chairman's Message in the next few days summarizing our past year and giving insight going forward."
L&L was incorporated in 1995 by the Company's Chairman and CEO. The Company has grown from a single employee to more than a thousand over the past 17 years. L&L has entered an expansion phase, seeking to consolidate mines in China and expand its sphere of business operations. Using its U.S. executives and quality assurance processes, the Company is upgrading its mining portfolio and expanding its distribution network for strategic revenue growth.
L&L Energy Inc.
SOURCE L&L Energy, Inc.