BEIJING, June 24 /PRNewswire-Asia/ -- Sino Gas International Holdings, Inc. (OTC Bulletin Board: SGAS) ("Sino Gas" or the "Company"), a leading developer of natural gas distribution systems and natural gas distributor servicing small and medium-size cities in China, today announced that it has retained RedChip Companies, Inc. to provide public and investor relations services. RedChip Companies will work closely with both the Company and its existing IR firm, Strategic Growth International.
"We selected RedChip Companies based on their proven track record of achieving results for companies in the small-cap space," said Mr. Yu-Chuan Liu, Chairman and Chief Executive Officer of Sino Gas. "We are confident that RedChip's great media presence and investor and public relations platform will increase our visibility and help us build lasting relationships with both new investors and current shareholders."
"We are excited about the opportunity to represent Sino Gas," said Dave Gentry, President and CEO of RedChip Companies, Inc. "Sino Gas is experiencing dramatic growth within China's booming natural gas market, driven by economic development as well as industrial and urban growth. Furthermore, strong government-imposed mandates and support are helping to promote the use of natural gas as a clean energy source. We look forward to implementing our comprehensive investor and public relations program and introducing Sino Gas to our vast network of investors."
About Sino Gas International Holdings, Inc.
Sino Gas International Holdings, Inc. (OTCBB: SGAS), through its indirectly wholly-owned subsidiary, Beijing Zhong Ran Wei Ye Gas Co., Ltd. ("Beijing Gas"), and the subsidiaries of Beijing Gas, is a leading developer of natural gas distribution systems in small and medium-size cities in China, as well as a distributor of natural gas to residential, commercial, and industrial customers in China. The Company owns and operates natural gas distribution systems in 35 small and medium-sized cities serving approximately 152,000 residential and seven industrial customers. Facilities include approximately 1,040 kilometers of pipeline and delivery networks with a daily capacity of approximately 110,000 cubic meters of natural gas. The Company owns and operates natural gas distribution systems in Hebei, Jilin, Jiangsu, Anhui and Yunnan Provinces and Beijing. The Company's website is: http://www.sino-gas.com .
Forward-Looking Statements
Statements in this news release regarding future financial and operating results, potential applications of the Company's technology, opportunities for the Company, and any other statements about the future expectations, beliefs, goals, plans, or prospects expressed constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statements that are not statements of historical fact (including statements containing the words "will," "believes," "plans," "anticipates," "expects," "estimates," and similar expressions) should also be considered to be forward-looking statements. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements including: limited operating history, need for future capital and economic conditions generally. Additional information on potential factors that could affect results and other risks and uncertainties are detailed from time to time in the Company's periodic reports, including Forms 10-K, 10-Q, 8-K, and other forms filed with the Securities and Exchange Commission ("SEC"). These statements, and other forward-looking statements, are not guarantees of future performance and involve risks and uncertainties.
For more information, please contacts:
Investor Relations Contact:
Dave Gentry
RedChip Companies, Inc.
Tel: +1-800-733-2447 x104
Email: info@redchip.com
Web: http://www.RedChip.com
Chunying Chai, IR Officer
Sino Gas International Holdings, Inc.
Tel: +86-10-8260-0041 x883
Email: chaichunying@sino-gas.com
CFOmailbox@sino-gas.com
Web: http://www.sino-gas.com
