BEIJING, March 19 /PRNewswire-FirstCall/ - Hubai Chuguan Corporation, an operating subsidiary of the issuer Land Star Corp today after the market closed announced that it has successfully passed the pre-qualification of Nantong Huasheng Company's oil and gas recovery transformation. This marked the official beginning of our work in its tender. The transformation project is expected to be about five million Yuan, or about $650,000,00 USD.
The company will provide further updates on the project as it proceeds through completion.
In other company news, Mark Li, CEO, President, Chairman of Land Star said: "We wish to advise our shareholders that we are equally concerned about our share price and values that are reflected by our company. Shortly we will be issuing a statement and a plan of action that should in our view have some positive results."
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