L & L Energy, Inc. (NasdaqGS: LLEN)
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L&L Energy Praised by Datang International
07/09/2012 6:00:00 AM
SEATTLE, July 9, 2012 /PRNewswire/ -- L&L Energy, Inc. (NASDAQ: "LLEN") ("L&L" or "Company"), a Seattle-based company with a five-year track record of profitable coal operations in China, announced that executives from Datang International Power Generation Co's HeShan power plant ("Datang") visited L&L's Guizhou Province operations to thank L&L for its delivery of coal to support power plant operations. Datang is a leader in China's power generation industry.
In February 2012, the Company expanded on its wholesale operations in Yunnan Province to Guizhou Province, after establishing an operational team and receiving a license to distribute coal. In March 2012, L&L completed Datang's vendor qualification process. In May 2012, L&L began coal distributions to its customers in Guizhou Province, and in June 2012, the Company completed its initial shipment to Datang, located in the neighboring Guangxi Province.
On July 4, 2012, senior executives from Datang visited L&L's Guizhou operations. During the visit, they expressed satisfaction with the initial shipment of coal and discussed how to ramp up future shipments and other business co-operations. Datang is particularly interested in L&L's logistics network, including loading and storage abilities at its Shin PingBa railroad terminal. With limited rail capacity in the region, L&L's logistics network ensures timely deliveries to Datang and other customers.
L&L's CEO, Dickson Lee, commented: "We have been working hard on the consolidation of our mining operations to ensure measured growth of our coal distribution business. We are encouraged by the Datang visit, which cement further of business relationship. To receive commendation and support from our customers is always appreciated, especially from Datang, a household name in China's utility industry."Contacts:
L&L Energy Inc.
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