Hubei Chuguan Industrial Corporation announced the signing of a RMB 3.8 Million (approx $500,000) contract with China International Petroleum Sales Co. Hubei Chuguan Industrial Corporation is committed to the construction of energy-conserving oil and gas transportation systems, and they are selling one of their complete oil and gas recovery units to China International Petroleum. The recovery device will be used in the Xiga Depot located in Lanzhou City. Lanzhou is the capital city of Gansu Province, and is one of the largest cities in the Northwest.

LandStar, Inc. said that it has entered into discussions with an Ecuadorian mining company that is active in the historic gold bearing region of Portevelo-Zaruma in the El Oro Province of Ecuador. The firm added that it will provide further details of the acquisition as they become available.

LandStar Inc. announced that it has signed a cooperation agreement with Beijing New Century International Leasing Company, to provide financing of CNY 2 billion (approx $290 million) in respect of the continued growth of Landstar's operating subsidiary Hubei Chuguan Industry Co. Ltd. in China, a cooperation agreement is similar to a joint venture, and commits both parties to a working agreement. Under the terms of the cooperation agreement, BNC will provide funding for Hubei Chuguan to complete major contracts and offer lease options on the sale of its oil and gas vapor recovery systems to major clients.