BEIJING, Dec. 23 /PRNewswire-FirstCall/ - Land Star Inc. (www.landstarcorp.com) recently met with officials of Chengdu City to propose an oil & gas recovery project for the entire city.
The meeting was an exchange of ideas regarding the project's technological aspects, resulting in a common understanding on how the project could go forward.
The officials of the Chengdu municipal government noted that the government would further study the proposal brought forward by Chuguan and, based on the discussions, release the necessary relevant government policies as soon as possible to support and push this project forward.
Mr. Li Congtang, Chairman of Hubei Chuguan Industry Co., Ltd. noted; "We are very pleased with the results of the meeting. The officials now understand how to approach this type of project on a citywide basis. The next step for them is to formulate the official policy in terms of the proper approach to the project, which will take the best advantage of the technology solutions we put forward. We expect further discussions as the project comes closer to a target implementation date."
Located in southwest People's Republic of China, Chengdu City is the capital of Sichuan province and has a population of 11 million people. Chengdu is one of the most important economic centers and transportation and communication hubs in South-western China. According to the 2007 Public Appraisal for Best Chinese Cities for Investment, Chengdu was chosen as one of the top ten cities to invest in, out of a total of 280 urban centers.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet filings (www.pinksheets.com), and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation describing the risks of investing in penny stocks.
No comments:
Post a Comment