TAIYUAN, China, Sept. 28 /Xinhua-PRNewswire-FirstCall/ -- Puda Coal, Inc. (OTC Bulletin Board: PUDC) (“Puda Coal” or “the Company”), a leading supplier of China's high grade metallurgical coking coal used to make coke for the purposes of steel manufacturing, today announced the its Chairman and Chief Executive Officer, Mr. Zhao Ming, has been elected to serve as Vice Chairman of Shanxi Chamber of Commerce in the Tenth Assembly of Member Representatives.
Shanxi Chamber of Commerce is organized to foster an economic environment that encourages the growth of responsible private and non state-owned enterprises. Puda Coal is a recognized leader in Shanxi province for its highly-efficient production processes, environmentally-friendly coal washing facilities and positive influence on Shanxi's coal industry.
“I am honored to be elected as the Vice Chairman of The Tenth Chamber of Commerce and Industry and to be recognized for the many contributions Puda Coal has made to Shanxi Province,” stated Mr. Zhao Ming. “I am committed to fulfilling the goals of this organization and will work with other industry elite to promote an economic and legislative environment that encourages the development of responsible private enterprise.”
About Puda Coal, Inc.
Puda Coal, through its affiliates and controlled entities, supplies premium grade coking coal to the steel making industry for use in making coke. The Company currently possesses 3.5 million metric tons of annual coking coal cleaning capacity, and management believes it is the largest coking coal cleaning company in terms of capacity in Shanxi Province, China. Shanxi Province provides 20 - 25% of China's coal output and supplies nearly 50% of China's coke.
FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements within the meaning of federal securities laws. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. The forward-looking statements included herein are based on current expectations that involve numerous risks and uncertainties. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. Actual results could differ materially from those projected in the forward looking statements as a result of a number of risks and uncertainties, including but not limited to limited amount of resources devoted to expanding its business plan, failure to implement its business plan within the time period originally planned to accomplish; and other risks that are discussed in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.
For more information, please contact:
Investor Relations Contact:
Crocker Coulson, President
CCG Elite Puda Coal, Inc.
Tel: +1-646-213-1915
Email: crocker.coulson@ccgir.com
Company Contact:
Wenwei Tian, Director of Investor Relation
Puda Coal, Inc.
Tel: +86-351-228-1302
Email: awtian@yahoo.com
