LDSR-News IS Out

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Land Star (LDSR) Hubei Chuguan Shanghai Municipal Government Project


BEIJING, Jan. 7 /PRNewswire-FirstCall/ - Hubai Chuguan Corporation, an operating subsidiary of the issuer Land Star Corp., is pleased to announce that progress was made with the company's market development in Shanghai. The company application in Shanghai recycling of oil and gas projects has been formally submitted to the Shanghai Municipal People's Government. The total amount of the project at stake is 560,000,000 yuan (about USD $82,000,000.00). At present, the company has set up a special working group to strive to sign a memorandum of cooperation in oil and gas recycling with the Shanghai Municipal People's Government to commence in February 2009. The company's proposal to implement a full range of oil and gas recycling project in Shanghai is undergoing final review.

Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.

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