China Natural Gas to Report Second Quarter 2009 Financial Results on August 10, 2009
03 August 2009 - 1:00PM
PR Newswire (US)
-- Company to Hold Conference Call on August 11, 2009 -- NEW YORK,
Aug. 3 /PRNewswire-Asia/ -- China Natural Gas, Inc. ("China Natural
Gas" or the "Company") (NASDAQ:CHNG), a leading provider of
compressed natural gas (CNG) for vehicular fuel and pipeline
natural gas for industrial, commercial and residential use in
Xi'an, China, today announced that it plans to release its second
quarter 2009 financial results on Monday, August 10, 2009, after
the market closes. The management team will hold a conference call
on Tuesday, August 11th, 2009, at 8:00 am ET to discuss its second
quarter 2009 results. Listeners may access the call by dialing
1-800-289-0730 or 1-913-312-0710 for international callers. A
webcast will also be available via the Company's website at
http://www.naturalgaschina.com/ . A replay of the call will be
available through August 18, 2009. Listeners may access the replay
by dialing 1-888-203-1112 or 1-719-457-0820 for international
callers, access code: 7941819. About China Natural Gas, Inc. The
Company transports, distributes and sells natural gas to
commercial, industrial and residential customers through its
natural gas pipeline networks in China's Xi'an area, including
Lantian County and the districts of Lintong and Baqiao, in Shaanxi
Province. The Company owns approximately 120 km of high pressure
pipelines in Xi'an, Shaanxi Province and, as of March 31, 2009,
operates 23 CNG fuelling stations in Shaanxi Province and 12 CNG
fuelling stations in Henan Province. The Company's four primary
business lines include: (1) the distribution and sale of CNG
through Company-owned/leased CNG fuelling stations for hybrid
(natural gas/gasoline) powered vehicles; (2) the installation,
distribution and sale of piped natural gas to residential,
commercial and industrial customers through Company-owned
pipelines; (3) the distribution and sale of gasoline through
Company-owned/leased CNG fuelling stations for hybrid (natural
gas/gasoline) powered vehicles; and (4) the conversion of gasoline-
fuelled vehicles to hybrid (natural gas/gasoline) powered vehicles
through its auto conversion division. SAFE HARBOR: FORWARD-LOOKING
STATEMENTS This press release includes statements that may
constitute forward-looking statements made pursuant to the safe
harbor provision of the Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
For example, statements about the future plans and goals of the JV
with CNPC and its prospects are forward looking and subject to
risks. China Natural Gas, Inc. may also make written or oral
forward-looking statements in its periodic reports to the U.S.
Securities and Exchange Commission on forms 10-K, 10-Q and 8-K, in
its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Statements that are not
historical facts, including statements about the Company's beliefs
and expectations, are forward-looking statements. Forward-looking
statements involve inherent risks and uncertainties that could
cause actual results to differ materially from the forward-looking
statements. A number of important factors could cause actual
results to differ materially from those contained in any forward-
looking statement. Potential risks and uncertainties include, but
are not limited to, risks outlined in the Company's filings with
the U.S. Securities and Exchange Commission, including its
registration statements on Forms S-1 and S-3, in each case as
amended. The Company does not undertake any obligation to update
any forward-looking statement, except as required under applicable
law. This release is not an offer of securities for sale in the
United States. Securities may not be offered or sold in the United
States absent registration or an exemption from registration. Any
public offering of securities to be made in the United States will
be made by means of a prospectus that may be obtained from the
issuer or selling security holder and that will contain detailed
information about the company and management, as well as financial
statements. For more information, please contact: China Natural Gas
Inc. Jacky Shi IR Director Tel: +86-29-8832-3325 x922 Mobile:
+86-139-9287-9998 Email: ICR, Inc. Michael Tieu Tel:
+86-10-6599-7960 Email: DATASOURCE: China Natural Gas, Inc.
CONTACT: Jacky Shi, IR Director of China Natural Gas Inc.,
+86-29-8832-3325 x922, Mobile +86-139-9287-9998, ; or Michael Tieu
of ICR, Inc., +86-10-6599-7960, Web site:
http://www.naturalgaschina.com/
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