Songzai Int'l Holding Group. Receives Strong Upgrade by Respected Research Firm; Management Reports Record Revenue Growth in 2006.WALNUT, Calif. & HARBIN, China -- Songzai Int'l Holding Group (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB: SGZI) is pleased to announce a well-respected firm TSC TSC Thestreet.com (stock symbol) TSC Time Stamp Counter TSC Tuberous Sclerosis Complex TSC Tractor Supply Company TSC Terrorist Screening Center (Department of Homeland Security) , has upgraded their equity rating on SGZI. This strong upgrade comes at a time when the company announced in latest quarterly results, that net income for Q3 FY 2006, more than tripled to $359,874 the combined net income of the first two quarters of 2005. TSC is noted for their work with, account executives, analysts, portfolio managers, institutions, venture capital investors, individual investors and the media. To view the entire independent research report, please click on the attached URL URL in full Uniform Resource Locator Address of a resource on the Internet. The resource can be any type of file stored on a server, such as a Web page, a text file, a graphics file, or an application program. : http://www.otclive.com or visit: http://www.songzaigroup.com Mr. Hung Jun Li, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Songzai Int'l Holding Group states, "We are honored to have a quality independent research firm review our overall operations, progress and to provide the resulting upgrade in our stock. This provides further confirmation to our shareholders that our company is headed in the right direction". Mr. Jun Li further stated, "We anticipate 2006 to be a record year for our company. Recently, our total tons of coal production for Q1 to Q3 surpassed the 100,000 tone mark, at 110,000 tones. And we are currently targeting to meet 133,000 tones for the full year, which ends in less than 5 weeks. About Songzai International Holding Group, Inc. Based in Harbin, China and Walnut, California Walnut is a city in Los Angeles County, California, United States. The population is 32,148 and its current mayor is Tony Cartagena. The area was once predominantly white. , Songzai focuses on the development of coal mining projects in Northern China and inner Mongolia Inner Mongolia Chinese Nei Mongol or Nei-meng-ku Autonomous region (pop., 2002 est.: 23,790,000), China. Stretching some 1,800 mi (2,900 km) across north-northeastern China, it has an area of 454,600 sq mi (1,177,500 sq km); its capital is Hohhot. . 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 tonnes, 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 or call Investor Relations Investor relations The process by which the corporation communicates with its investors. at 1-800-313-7912. Except for statements of historical fact, the information presented herein constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and 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. |
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