Liuyang Fireworks Limited (TSXV:FWK)
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TORONTO, April 1 /CNW/ --
TORONTO, April 1 /CNW/ - Hunan Liuyang Fireworks Display Art Company, a
100 percent owned subsidiary of Liuyang Fireworks Ltd. (TSXV: FWK),
announced today that it had successfully presented fireworks displays
at eight different events during the Chinese New Year and Lantern
Festival. These celebrations were held over January and February
2011and are significant traditional Chinese holidays, of which
fireworks are a critical component.
"We are very pleased with the advancements made by Hunan Liuyang
Fireworks Display Art Company," said Miao Hu, President and Chief
Executive Officer, Liuyang Fireworks Ltd. "The number and quality of
recent displays has directly contributed to new market expansion and
the production of considerable revenue. With these results, Liuyang
Fireworks remains confident that we can fulfill our goal of 30 displays
over 2011."
Launched in March of 2010, Hunan Liuyang Fireworks Display Company has
presented displays four times in three Chinese provinces during the
remaining of 2010. Hunan Liuyang Fireworks Display Art Company will
continue to market its products and services to major Chinese cities
that host cultural programs, sports events and special celebrations,
and directly to large event organizers and individuals hosting small
events where fireworks are featured.
About Liuyang Fireworks Limited
Liuyang Fireworks Limited is a leading China-based manufacturer of
consumer fireworks that are distributed domestically and in more than
15 countries in North America, South America and Europe. The Company
has more than 16 years of experience in the fireworks industry and is a
supplier to the world's top five fireworks wholesalers and retailers.
Liuyang's ISO9001-certified manufacturing facilities are located in the
Liuyang area of Hunan, China where more than half of the world's
fireworks are produced.
The forward-looking information contained in this news release
represents the expectations of the Company as of the date of this news
release and, accordingly, is subject to change after such date. Readers
should not place undue importance on forward-looking information and
should not rely upon this information as of any other date. While the
Company may elect to, it does not undertake to update this information
at any particular time except as required in accordance with applicable
securities legislation.
Neither TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/April2011/01/c8525.html
p Jacky Longbr/ Chief Financial Officerbr/ Liuyang Fireworks Limitedbr/ Tel : 416-613-0208 ext 206br/ a href="mailto:jackylong@farocean.com"jackylong@farocean.com/a /p