China Carbon Graphite (OTC BB:CHGI)

China Carbon Receives Initial $5 Million PO From Tianrui Group.

"The PRC stimulus package will boost spending on infrastructure as well as assist in the recovery of steel manufacturing in China," stated Donghai Yu, CEO of the Company. "We expect that the effects of this stimulus package could result in a substantial increase in order flow for the remainder of 2009."

Source: GlobeNewswire (June 29, 2009)

"As one of the largest privately owned employers in Inner Mongolia, we have been recommended by the local government of Inner Mongolia to apply for a RMB 180,000,000 loan (approximately $26,000,000 US) through the Central government's economic stimulus plan. Once approved, it will expedite the process of doubling our production capacity to 30,000 metric tons annually and allow us to develop nuclear graphite for the more than 40 nuclear reactors the government is seeking to build by 2015."

Source: GlobeNewswire (May 27, 2009)