China Linen Textile Industry, Ltd. to Present at 2011 Global Hunter Securities Conference
HARBIN, China, July 6, 2011 /PRNewswire-Asia/ -- China Linen Textile Industry, Ltd. (OTCQB: CTXIF) ("China Linen" or the "Company"), one of China's leading linen fabric and linen yarn producers and exporters, today announced the Company's management team will present at the 2011 Global Hunter Securities Conference to be held July 17-19 at the Intercontinental Hotel, 888 Howard Street, San Francisco, CA.
China Linen is scheduled to present Tuesday, July 19 at 8:30 am on Track 6.
Conference participation is by invitation only and registration is mandatory. For more information on the conference or to schedule a one-on-one meeting, please contact your Global Hunter Securities representative.
About Global Hunter Securities
Global Hunter Securities is a full-service investment bank focusing on the Energy, China, Healthcare and Metals & Mining sectors. The company provides insightful research, innovative capital raising and financial advisory services supported by a sales and trading staff with world-wide reach. The 2nd annual conference includes management teams from approximately 200 companies and portfolio managers, institutional investors and analysts from multi-billion dollar mutual funds to small hedge funds, looking for new investment opportunities in China, Energy and Metals & Mining.
About China Linen Textile Industry, Ltd.
China Linen Textile Industry, Ltd. (http://www.chinalinentextile.com) is principally engaged in the production and sale of linen yarn and various types of linen fabric. The Company is also involved in consultation and R&D related to linen technology and linen products. The Company carries on all of its business activities through its subsidiary, Heilongjiang Lanxi Sunrise Linen Textile Industry Co., Ltd. ("Lanxi Sunrise"), established in June 2002 and located in Lanxi County, the "Homeland of Flax in China," near Harbin City in China. Lanxi Sunrise has one yarn-spinning factory, one bleaching factory and two fabric weaving factories in its 35,120 square meters of building area with a staff of 1,400 and 430 sets of world-class, advanced production machinery. Annual production capacity totals approximately 2,220 tons with 50 different types of yarn and 10 million meters of fabric with 110 types. Approximately 50 percent of its products are exported to more than 10 countries.
Forward-looking statements:
The above news release contains forward-looking statements. The statements contained in this document that are not statements of historical fact, including but not limited to, statements identified by the use of terms such as "anticipate," "appear," "believe," "could," "estimate," "expect," "hope," "indicate," "intend," "likely," "may," "might," "plan," "potential," "project," "seek," "should," "will," "would," and other variations or negative expressions of these terms, including statements related to expected market trends and the Company's performance, are all "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. These statements are based on assumptions that management believes are reasonable based on currently available information, and include statements regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performances, and are subject to a wide range of external factors, uncertainties, business risks, and other risks identified in filings made by the company with the Securities and Exchange Commission. Actual results may differ materially from those indicated by such forward-looking statements. The Company expressly disclaims any obligation or undertaking to update or revise any forward-looking statement contained herein to reflect any change in the company's expectations with regard thereto or any change in events, conditions or circumstances upon which any statement is based.
For further information, contact: |
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China Linen Textile Industry, Ltd. |
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Ms. Jodie Zheng Wehner, CFO |
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Tel: +1-310-890-8048 |
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Email: [email protected] |
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Mr. Xiao Weixing, IR Manager |
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Tel: +86-137-9600-2690 |
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Email: [email protected] |
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HC International, Inc. |
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Scott Powell, Vice President |
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Tel: +1-212-301-7130 |
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Email: [email protected] |
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Web: www.hcinternational.net |
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SOURCE China Linen Textile Industry, Ltd.
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