According to Taiyuan Bureau of Commerce, retailers that use energy-saving lights will gain a 50% subsidy from the government. In 2008, Taiyuan was designated a pilot city along with nine other cities, including Beijing, Shanghai, Qingdao, and Shenyang, in a nationwide retail industry energy-saving campaign initiated by the Ministry of Commerce and launched a series of [...]

British retailer Tesco will open Lifespace Mall Qingdao, the largest supermarket development in the city, on December 19, 2009. Located at the intersection of Renmin road and Chongqing South road, the new Lifespace Mall is a comprehensive shopping center which has seven floors, including two underground and five above ground, and 600 parking spaces. With a [...]

French-based Sofitel has announced that it has signed three new contracts for hotels in the eastern and southeastern regions of China. These new Sofitel properties are already under construction and are scheduled to begin opening from the end of 2010. Located close to Jinan next to the city's business district, the Sofitel Qingdao will provide [...]

ZAGG Up 662%, LLFH Up 243%, LPIH Up 423%, and WEMU Up 61%

ORLANDO, Fla., June 17, 2009 (GLOBE NEWSWIRE) — RedChip Companies, Inc. (http://www.RedChip.com) announced today the top-performing stocks listed under RedChip coverage. RedChip’s “Top Picks” — stocks rated Buy or Strong Buy — which have the highest returns over the last three to six months include ZAGG Inc.; L & L International, Inc.; Longwei Petroleum Investment Holding, Inc.; and Worldwide Energy and Manufacturing USA, Inc.

ZAGG is up 662% since March 2, 2009; L & L is up 243% since April 15, 2009; Longwei Petroleum is up 423% since January 2, 2009; and Worldwide Energy and Manufacturing is up 61% since March 2, 2009. (Based on prices at market close on June 10, 2009.)

Profiles of RedChip’s top-performing stocks are as follows:

ZAGG Inc. (OTCBB:ZAGG) has reported double-digit revenue and earnings growth for the first quarter 2009. The

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CEOs of Participating Companies Will Deliver Presentations From 8 a.m. — 5 p.m. At the Hilton Fort Lauderdale Marina On Tuesday, June 16th

ORLANDO, Fla., June 11, 2009 (GLOBE NEWSWIRE) — RedChip Companies, Inc. today announced that the CEOs and executive teams of 12 emerging small-cap and healthcare technology companies will deliver financial presentations during the 2009 RedChip Small-Cap Investor Conference being held June 16, 2009 in Fort Lauderdale, Florida. Company presentations will be webcast live via http://www.RedChip.com. The event is being held in conjunction with Collaborative Communications Summit’s Health Information Technology conference and will feature a dedicated presentation track for healthcare technology companies and a second track for financial presentations by emerging growth companies from a wide range of sectors including Technology, Biotechnology, Energy, Consumer Goods, Telecommunications, and more.

The event will also feature two days of keynote presentations and panel discussions held June 16th and 17th by

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CEOs of Participating Companies Will Deliver Presentations From 8 a.m. - 5 p.m. At the Hilton Fort Lauderdale Marina On Tuesday, June 16th

ORLANDO, Fla., May 28, 2009 (GLOBE NEWSWIRE) — RedChip Companies, Inc. today announced that the CEOs and executive teams of 12 emerging small-cap and healthcare technology companies will deliver financial presentations during the 2009 RedChip Small-Cap Investor Conference to be held June 16, 2009 in Fort Lauderdale, Florida. The event is being held in conjunction with Collaborative Communications Summit’s Health Information Technology conference and will feature a dedicated presentation track for healthcare technology companies and a second track for financial presentations by emerging growth companies representing a diverse range of sectors including Technology, Energy, Consumer Goods, Telecommunications, and more. The event will also feature two days of keynote presentations and panel discussions held June 16th and 17th by healthcare industry leaders and regulators focused on healthcare information technology

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Swedish furniture retail giant Ikea has announced that it will close its trade offices in Chengdu, Wuhan, and Xiamen and employees in these three offices will be dismissed. Ikea told local media that this decision is the company's efforts to integrate its purchasing businesses in China. In the future, its trade offices in Shanghai, Qingdao, and [...]

ORLANDO, Fla., April 8, 2009 (GLOBE NEWSWIRE) — RedChip Companies, Inc. today announced that videos of the corporate presentations and CEO interviews made by presenting companies at RedChip’s 2009 Small-Cap Investor Conference and Health Tech Investment Forum held in San Francisco on March 24, 2009 are now available online. The presentations highlighted the growth strategies, market positioning and strategic objectives for emerging growth companies representing a wide range of sectors including Healthcare, Technology, Alternative Energy, Telecommunications, Energy, Consumer Goods, Business Services, and more.

The webcast videos, which were produced by RedChip Small-Cap TV, will be available for at least 90 days and can be accessed via the following link:

http://www.redchip.com/visibility/conferencePages/SanFran2009/conferenceMain.asp?page=archive

Executive interviews and/or company presentations are available for the following companies:

Bridgeline Software, Inc. (Nasdaq:BLSW); LGL Group, Inc. (NYSE Amex:LGL); Alter NRG Corporation (Pink Sheets:ANRGF) (TSX:NRG); INX Inc. (Nasdaq:INXI); Bioheart, Inc. (Pink Sheets:BHRT); DoMark International, Inc. (OTCBB:DOMK); Worldwide Energy & Manufacturing

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Chinese electronics chain department store Buynow has announced plans to accelerate its deployment plans in 2009 with the company planning to open at least five large IT stores in such cities as Beijing, Shanghai, and Qingdao. Although the current economic situation is not optimal, Buynow has still decided to accelerate its expansion. The company plans to [...]

Gulf Resources, Inc. (OTCBB: GFRE) reported it was revising its expected 2008 income to between $20 million and $23 million. This positive change came after the company, a manufacturer of bromine, crude salt and specialty chemical products in China, announced about $23 million in new customer orders for the fourth quarter, up significantly over the third quarter of 2008.

GFRE pointed out that third quarter bromine orders from some of its customers were delayed as a result of the Olympic Games and related government restrictions on many chemical factories in Beijing and Qingdao.

“We are extremely pleased to see the surge in placed orders as a result of the revival of the chemical industry after the Olympic Games,” said Ming Yang, Gulf Resources CEO. “Robust demand for bromine and chemical products in China together with our rapidly expanding production capacity and increased production efficiency will allow us to continue capturing a larger

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