Tianxin Mining Industry Co., Ltd., Announces Profitable 2007 Financial Results; Launching Investor Relations Campaign

Share Name	Share Symbol	Market	Type
TXNM Energy Inc	NYSE:TXNM	NYSE	Common Stock

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TXNM Energy Inc

NYSE:TXNM

NYSE

Common Stock

	Price Change	% Change	Share Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	0.00	0.00%	40.64				0	01:00:00

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Tianxin Mining Industry Co., Ltd., Announces Profitable 2007 Financial Results; Launching Investor Relations Campaign

31/01/2008 10:00am

PR Newswire (US)

TXNM Energy (NYSE:TXNM)
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TIANJIN, China, Jan. 31 /PRNewswire-FirstCall/ -- Tianxin Mining Industry Co., Ltd. (Pink Sheets: TXNM), one of the prominent mining companies in China, today announced that its net income for the calendar year 2007 totaled $2.407 (U.S.) million dollars. This compares to a loss of ($19,161) in 2006. Tianxin Mining, employing more than 300 people, with two mines in Hebei Province in the Northern China Plain, mines and sells refined ferrous powder which is a key ingredient in the manufacture of iron and steel, for which there is a large demand in China. Revenues in 2007 totaled $9.612 million compared to revenues of $252,073 in 2006. The bulk of the revenues occurred in the last three months of 2007 following a period of construction earlier in the year. "We are very pleased to announce these results," said Lin Jia Zhen, President. The Company is forwarding the financial results to PinkSheets.com for consideration as a Pink Sheet company that provides full financial disclosure. It listed on the Pink Sheets in the U.S. late in 2007 to take advantage of increased investor interest in China's significant industrial growth. Tianxin Mining also announced the launch of its web site ((http://www.txnmotc.com/) for English-speaking investors and that it has retained E & E Communications (http://www.eandecommunications.com/, Laguna Hills, California) to assist its investor and public relations efforts in the U.S. and elsewhere. Forward-Looking Statements All statements, other than statements of fact, included in this release, may include forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will be actual results and future events could differ materially from those anticipated in such statements. The Company disclaims any obligation to update any statements in this press release. CONTACT: Tianxin Mining USA Inc. 514/578-0585 Investor Relations Paul Knopick E & E Communications (949) 707-5365 DATASOURCE: Tianxin Mining Industry Co., Ltd. CONTACT: Tianxin Mining USA Inc., +1-514-578-0585, ; or Investors, Paul Knopick of E & E Communications, +1-949-707-5365, , for Tianxin Mining Industry Co., Ltd. Web site: http://www.txnmotc.com/

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