Songzai Is Granted Safety Production Certificate From Coal Mine Safety Inspection Bureau
Posted on: Wednesday, 3 May 2006, 09:00 CDT
Songzai International Holding Group, Inc. (Songzai) (OTC BB: SGZI), a company that develops coal mining opportunities in China for the industrial and home use markets, announced today that the Coal Mine Safety Inspection Bureau of Heilongjiang Province has granted the Tong Gong Coal Mine, a wholly owned subsidiary of Songzai, its safety production certificate.
"Several recent unfortunate accidents from some coal mines have made producing efficiently with social and environmental responsibility vital to any company's long term success. We are striving to elevate safety to the highest level possible by adding a new advanced safety facility, including installation of a full line of new surveillance systems, re-inspection and replacement of ventilation systems, and regular safety classes for workers," stated Mr. Hong Jun Li, President of Songzai.
Mr. Li also expressed, "Our employees are the most valuable assets to our company; we cannot have them bear any risks associated with production. We are so pleased that the Coal Mine Safety Inspection Bureau recognized our efforts in protecting our workers in the coalmine. From our corporate strategy to daily operations, safety production will be our first priority."
About Songzai International Holding Group, Inc.
Based in Harbin, China and Walnut, California, Songzai focuses on the development of coal mining projects in Northern China and Inner Mongolia. The company is currently producing coal from its TongGong Coal Mine located near Heihe City in Northern China. The mine's coal, with estimated reserves totaling more than 4 million tons, is being targeted for buyers within the power plant, cement factory, and home-use markets. China is the world's largest producer and largest consumer of coal. For more information, please visit our Website at www.songzaigroup.com.
Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to acquire and develop specific projects, the ability to fund operations and changes in consumer and business consumption habits and other factors over which Songzai International Holding Group, Inc. has little or no control.
Contact: StoneRidge Capital 480-240-1700 William A. Young Director of Investor Relations byoung@stoneridgecap.com
SOURCE: Songzai International Holding Group, Inc.
Source: MARKET WIRE
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