Monday, March 29, 2010

StockProfiler.US: Penny Stock News Alerts: China Energy Corporation & Biostar Pharmaceuticals, Inc.

HOHHOT CITY, Inner Mongolia, China, March 29, 2010 -- China Energy Corporation (OTCBB: CHGY), ("China Energy" or "the Company"), a leading Inner Mongolia producer and processor of raw coal for domestic heating, electrical generation, and coking purposes for steel production in the People's Republic of China, announced financial results for the fourth quarter and fiscal year 2009.

China Energy Corporation closed at $2.75 Friday, trading 87,945 shares.

China Energy Corp. Reports Financial Results for Fourth Quarter and 2009 Fiscal Year

About China Energy Corporation

China Energy Corporation produces and processes raw coal for domestic heating, electrical generation and coking purposes for steel production primarily in the People's Republic of China, and acts as a brokerage in facilitating coal trade transactions. The Company produces coal through its subsidiary Inner Mongolia Tehong Coal Group Co, Ltd. ("Coal Group") and supplies heating and electricity requirements throughout the XueJiaWan district through its subsidiary Inner Mongolia Zhunger Heat Power Co., Ltd. ("Heat Power"). Through Heat Power, China Energy operates a thermoelectric plant and 21 heat transfer stations located in XueJiaWan, Ordos City, and is the sole company in that area granted the right by the local government to provide heating supply to its end-users. For additional information on China Energy Corporation see www.ceccec.com .

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XIANYANG, China, March 29, 2010 -- Biostar Pharmaceuticals, Inc. (OTCBB: BSPM) ("Biostar" or "the Company"), the Xianyang-based manufacturer of a leading over-the-counter Hepatitis B medicine, Xin Aoxing Oleanolic Acid Capsule ("Xin Aoxing"), and a variety of pharmaceutical products and medical nutrients, today announced that its 2009 fourth quarter and year end financial results will be released after the market close on Wednesday, March 31, 2010.

Biostar Pharmaceuticals, Inc. closed at $3.88 Friday, trading 82,220 shares.

Biostar Pharmaceuticals, Inc. to Host Fiscal 2009 Fourth Quarter and Year End Earnings Conference Call on Friday, April 2, 2010 at 9:00 a.m. ET

About Biostar Pharmaceuticals, Inc.

Biostar Pharmaceuticals, Inc., through its wholly-owned subsidiary in China, develops, manufactures and markets pharmaceutical and medical nutrient products for a variety of diseases and conditions. The Company's most popular product is its Xin Ao Xing Oleanolic Acid Capsule, an over-the-counter ("OTC") medicine for chronic hepatitis B, a disease affecting approximately 10% of the Chinese population. In addition to its hepatitis product, Biostar manufactures two broad-based OTC products, two prescription-based pharmaceuticals and ten nutrients. The Company has adopted international standards and is in the process of applying for three patents.

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Please Note: All news contained herein has been previously issued by the companies mentioned in this release, and is the property of each company, respectively. All news is edited for content. The companies that are discussed in this opinion have not approved the statements made in this opinion.

This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities.

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