EmberClear Corp. (TSXV: EMB.V) (“EmberClear”) signed a historic energy agreement with China’s Huaneng Clean Energy Research Institute (“HCERI”) on Monday.

The agreement, a technology license, enables EmberClear to develop a new low-emissions plant producing gasoline or diesel fuel from coal in the United States. The project could create approximately 1,000 jobs in the U.S. and obtaining a technology license achieves a required milestone for such a facility to be built.

The United States Chamber of Commerce hosted officials from the Ministry of Commerce People’s Republic of China and the U.S. Department of Commerce to witness the signing in Washington D.C.

“The White House and the Chinese government both see the immense value of EmberClear’s agreement with HCERI, not only in terms of the jobs it will help support, but more importantly, it is the cleaner energy we’ll be able to provide to Americans in addition to the improved energy security,” said Albert Lin, CEO of EmberClear.

The plant is intended to generate gasoline or diesel transportation fuel for sale in the United States. The use of this new advanced thermal-chemistry technology allows the production of such fuels with lower emissions than traditional refineries using crude oil.

“This partnership is a strong example of how American energy companies can work with Chinese partners to provide new lower emission energy solutions while simultaneously creating jobs here in America,” Lin said. “The impressive track record of Chinese investment and technical achievement in this field has given rise to a surge of global demand for this type of clean energy technology from other countries, utilities, and consumers sensitive to climate change.”

China and the U.S. have some of the world’s largest coal reserves and both governments are seeking energy independence solutions. These countries have tremendous technologies for making coal a far better – and cleaner – energy source.

“The world is primed to take advantage of China’s investments and deployments of technologies converting coal to all sorts of energy sources with far lower emissions,” Lin said. “In particular, making electric power and gasoline. Both will create thousands of construction jobs and bring in billions of dollars to the region where our plant will operate for many years.”

Photos of the signing are available here.

About EmberClear

EmberClear is an advanced energy development company. Based on global energy needs from a growing population, our solutions are designed to deploy commercial scale energy technologies, which enable dramatic improvements in the efficiency and cleanliness of fossil fuels and alternative energy sources. Our goal is to find economically viable business models with the potential to deliver reduced emissions of over 50% when compared to industry average results in the utilization of coal while also deploying state of the art carbon dioxide capture solutions.

Our expertise is being utilized by a diverse group of governments, utilities and industrial companies spanning a wide range of geographies with the common interest in creating gasification, supercritical (SC), ultra-supercritical (USC), circulating fluidized bed (CFB) and post-combustion carbon dioxide capture (PCC) energy solutions producing electricity, synthetic gas, liquid fuels, fertilizers, and industrial construction products.  Our solutions often include the vast thermal chemistry sciences and processes developed by Huaneng Clean Energy Research Institute (HCERI). HCERI has the most experience and resources devoted to this industry. Our partnership ensures advanced energy solutions are financially sustainable so that the benefits accrue to the global marketplace and not just a few special projects.

For more information, please visit www.emberclear.com.

About Huaneng Clean Technology Energy Research Institute

The world-renowned Huaneng Clean Energy Research Institute (HCERI) has developed patented gasification technology being used in gasification facilities in China with large projects under construction in Inner Mongolia and Tianjin, China. It is affiliated with Huaneng Power Group (NYSE: HNP – News), the largest power utility in China.

Global Sources (NASDAQ: GSOL) announces today that the 17th IIC-China Conference & Exhibition (IIC-China) will run from February 23-25 at the Shenzhen Convention & Exhibition Center. The Smartphone Conference on the opening day will feature keynote speakerAllen Wu, President of ARM China, who will speak on the future and evolution of Smartphones and its implications to mainlandChina’s design engineers.

(Logo: http://photos.prnewswire.com/prnh/20030303/LNM011LOGO-b )

Other keynote speakers at the three-day event include:

• Green Power Technology Conference — Professor K.W. Eric Cheng from Hong Kong Polytechnic University will present “Efforts in Improving Efficient Energy Conversion”.
• Tablet PC Conference — Gary Gao, Regional Applications Manager of Intel to discuss “Ultrabook: Opportunities for the Local Industry Ecosystem”.
• Internet of Things (IOT) Conference — Ma Jian from the China IOT Association will speak on “Exploring the Market for Internet of Things”.

Apart from being the world’s manufacturing hub of electronics products, mainland China is also an important consumer. According to the Ministry of Industry and Information Technology, the value of mainland China’s electronics product market is expected to see growth of 82 percent from US$753.7 billion in 2008 to US$1,365.8 billion in 2012. Around one-third of mainlandChina’s total electronics revenue is generated by Guangdong province.

“IIC-China is the ideal platform which brings South China’s electronic design community together with the world’s technology vendors under one roof. ADI, Freescale, NXP, Fairchild, Atmel and other key international players will share their latest technology,” said Brandon Smith, President of Global Sources’ joint venture subsidiary eMedia Asia Limited.

“Visitors can also keep up with the IC solutions on offer at the ever popular Taiwan Pavilion, Korea Pavilion, China IC Design Houses Zone and Distributor Zone. It is the ultimate opportunity for engineers to gain face-to-face insight on future design dynamics, developments and solutions.”

IIC-China helps design engineers answer the question on “What innovative IC products and enabling technologies can I integrate into future products?” Smith explained: “It is the industry event for any design engineer who wants to keep in touch with future design trends, hot solutions and electronic needs of the world.”

One lucky visitor to IIC-China this year will also win a smart car worth over RMB100,000 from RS Components, one of the exhibitors.

Product teardowns to focus on tablet PC designs

Analysts from eMedia Asia will host six product teardowns during the show period, giving a dynamic, technology-by-technology analysis of Apple’s iPad2 and four new mainland China-designed tablets.

Engineers can also take part in the lively panel discussions and learn directly from technology leaders, who will explore issues that include:

• “Profitability of New Energy Opportunities”
• “Designing a Winning Tablet PC”
• “The Future of Smartphones”
• “What Technology and Industries will the Internet of Things Promote?”
• “The Innovation of Smartphones: 3D Large-size Touch Screen, Large Memory Capacity, Integrated Interface”

IIC-China will also host over 30 technical application courses (TAC) and TechShare sessions where visitors can glean rich technical content and in-depth IC solutions directly from leading participating vendors such as NXP, TriQuint, Freescale and Fairchild, with topics including:

• “Wireless Memory Data-Logging”
• “Next-Generation Precision Analog/Mixed-Signal Microcontroller Solutions for Embedded Designs”
• “PCB Design: Free Tools to Free Your Mind”
• “Microwave and RF Technologies” and much more

This year’s IIC-China will feature a foundry conference for IC design specialists, with a keynote speech on “The High Performance BCD and UHV 700V Technology Solutions for Specific Applications” presented by Jae Inh Song, senior committee member in the semiconductor division of Korea Semiconductor Industry Association.

Also new to this year’s event is the Private Sourcing Events which offer exclusive opportunities for pre-selected exhibitors to meet large local electronics manufacturers in private during the shows. Representatives from Foxconn, TCL and Toshiba are scheduled to participate.

ACE Awards — honoring innovation facilitators in China

During IIC-China, EE Times-China — leading electronics design title for mainland engineers — plans to announce the winners for China ACE (Annual Creativity in Electronics) Awards 2012. The 18 categories of awards recognize and identify technologies and people that facilitate innovative electronic designs in mainland China. For the finalist list and other information on the Awards, please visit http://www.eet-china.com/ace/2012ace_en.html.

Attendance at IIC-China is free for industry professionals. Interested parties can register for IIC-China in Shenzhen athttp://www.english.IIC-China.com. Mainland China engineers can also view the on-site interviews with selected exhibitors on eMedia Asia websites from Feb. 23 onwards.

About Global Sources

Global Sources is a leading business-to-business media company and a primary facilitator of trade with Greater China.

The core business facilitates trade between Asia and the world using English-language media such as online marketplaces (http://www.globalsources.com), print and digital magazines, sourcing research reports, private sourcing events, trade shows, and online sourcing fairs.

Over 1 million international buyers, including 85 of the world’s top 100 retailers, use these services to obtain product and company information to help them source more profitably from overseas supply markets. These services also provide suppliers with integrated marketing solutions to build corporate image, generate sales leads and win orders from buyers in more than 240 countries and territories.

Global Sources’ other businesses provides Chinese-language media to companies selling to and within Greater China. These services include online web sites, print and digital magazines, seminars and trade shows. In mainland China, Global Sources has a network of more than 40 office locations and a community of over 3 million registered online users and magazine readers of its Chinese-language media.

Now in its fifth decade, Global Sources has been publicly listed on the NASDAQ since 2000.

About eMedia Asia Limited

eMedia Asia Limited is a joint venture between Global Sources (60.1%) and United Business Media’s EETimes Group (39.9%).

eMedia Asia provides 500,000-plus technology decision-makers throughout Asia and China with access to a multichannel media network. Through its technical events, publications and online network, eMedia Asia leads in providing the region’s electronics community with the business and technical information they need to remain competitive.

China Green Agriculture, Inc. (NYSE: CGA; “China Green Agriculture” or the “Company”), a producer and distributor of humic acid based compound fertilizers, blended fertilizers, organic compound fertilizers, mixed organic-inorganic compound fertilizers, slow-release fertilizers, highly-concentrated water soluble fertilizers and agricultural products, such as top-grade fruits, vegetables, flowers and colored seedlings through its wholly-owned subsidiaries in China, today announced that, on February 1, 2012, the First Judicial District Court of the State of Nevada in and for Carson City (the “Court”) preliminarily approved the proposed settlement of all of the four pending derivative actions brought on behalf of China Green Agriculture, Inc.

Subject to the Court’s final approval, the proposed settlement will result in a release of all claims and does not provide for the payment of monetary compensation to shareholders.  Instead, it provides for the adoption by the Company certain significant corporate governance reforms designed to strengthen the Company’s internal controls and for the payment of plaintiffs’ attorneys’ fees and expenses of $650,000, all to be contributed by the insurers.

The hearing for the final approval of the proposed settlement has been set on March 30, 2012 at 1:30 p.m., pacific time.

The proposed settlement does not involve the pending class action lawsuit filed against the Company and certain of its current and former officers in the United States District Court for the District of Nevada on October 15, 2010.

For more information including important information regarding the rights of shareholders with respect to the proposed settlement, please refer to the Notice of Pendency and Proposed Settlement of Shareholder Derivative Actions filed as an exhibit to the Company’s Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission on February 8, 2012.

About China Green Agriculture, Inc.

The Company mainly produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”) and Beijing Gufeng Chemical Products Co., Ltd. (“Gufeng”), Xi’an Jintai Agriculture Technology Development Company (“Jintai”) and Xi’an Hu County Yuxing Agriculture Technology Development Co., Ltd. (“Yuxing”). Jinong produced and sold 152 different kinds of fertilizer products as of December 31, 2011, all of which are certified by the PRC government as Green Food Production Materials, as stated by the China Green Food Development Center. Jinong currently markets its fertilizer products to private wholesalers and retailers of agricultural farm products in 22 provinces, four autonomous regions, and three central-government-controlled municipalities in the PRC. Jinong had 699 distributors in China as of December 31, 2011. Gufeng, and its wholly-owned subsidiary, Beijing Tianjuyuan Fertilizer Co., Ltd., are Beijing-based producers of compound fertilizer, blended fertilizer, organic compound fertilizer, and mixed organic-inorganic compound fertilizer. As of December 31, 2011, Gufeng produced and sold 313 different kinds of fertilizer products, and had 177 distributors in China. For more information, visit http://www.cgagri.com. The Company routinely posts important information on its website.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the Company’s business, products and financial results. The Company’s actual results may differ materially from those anticipated in the forward-looking statements depending on a number of risk factors including, but not limited to, the following: general economic and business conditions, development, shipment, market acceptance, additional competition from existing and new competitors, changes in technology, the execution of its ten-year growth plan and various other factors beyond the Company’s control. All forward-looking statements are expressly qualified in their entirety by this Safe Harbor Statement and the risk factors detailed in the Company’s reports filed with the U.S. Securities and Exchange Commission. China Green Agriculture undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law or regulation.

The global steel industry experienced a slowdown for several years before ramping upward again in 2009.  According to the World Steel Association, global crude steel production in 2011 reached 1,527 megatonnes for the full year, a 6.8% increase compared to 2010.  A huge, but concentrated industry, a few majors, such as ArcelorMittal (NYSE:MT) and US Steel (NYSE:X) have been providing the lion’s share of steel to the automakers like Ford (NYSE:F) and Toyota Motor Corp. (NYSE:TM) for years.  The sheer magnitude of the $430 billion steel industry, however, leaves incredible upside for relatively ignored companies, such as Longhai Steel Inc. (OTCBB:LGHS), a China-based producer of high-quality steel wire.

Longhai’s 200,000 square meter facility is located in Xingtai City, right in the heart of the steel production district in Hebei Province, China.  Its steel wire is sold domestically and used primarily in the construction industry as the steel is processed into screws, nails, wire mesh for concrete and fencing.  Business is booming for Longhai with record production and sales reported in the fourth quarter of 2011.  During the quarter, the company’s steel wire output was 293,862 Metric Tons, an increase of 23% from the year prior quarter.  Steel wire sales for the quarter increased by 30% to 335,229 Metric Tons in Q4 2011 as compared to Q4 2010.

Longhai Steel is a component of the vertically integrated Longhai Steel Group, which offers them significant advantages over competitors.  For starters, the steel billet that gets processed by Longhai Steel into steel wire comes from across the street at its parent company.  This translates to virtually no shipping costs for LGHS that competitors must shoulder as an expense.  Additionally, the steel is literally still steaming from the extreme heat of processing by Longhai Steel Group when it is delivered to LGHS, translating to lower manufacturing costs and less energy use as a result of not having to heat the steel as much as normally would be required.

LGHS has just opened a second, state-of-the-art production line next door to its original facility that, once fully ramped, will boost its production by an additional 67 percent.  This new line will also open the door to additional clientele as it has the ability to produce alloy steel, cold forging steel, welding rods and steel strands for applications such as wire rope and steel belted radial tires.  LGHS is again a beneficiary of being part of the Longhai Steel Group who is leasing the facility to LGHS for a minimal monthly payment.  Plans for a third production line, targeted for 2013, are already in the works.

Longhai posts the type of numbers that are rarely – if ever – produced by an OTC listed company.  Final figures from 2011, which will reflect sales increases from the fourth quarter, have not been released to date, but trailing twelve month (ttm) figures will make most OTC investors’ jaws drop.  As of Q3 2011, ttm revenue tallied a whopping $555.31 million for LGHS.  Net income equaled $9.32 million.  Diluted Earnings Per Share for the ttm is a stellar $0.93.  If those numbers aren’t impressive enough…the company has NO DEBT.

Taking a moment to separate the wheat from the chaff, Longhai outstrips plenty of its big board competitors.  China Gerui Advanced Metals (NASDAQ:CHOP) has a ttm revenue that equals $315.98 million.  Sutor Technology Group Ltd.’s (NASDAQ:SUTR) ttm revenue rings in at $459.95 million.  Industry giant General Steel Holdings, Inc. (NYSE:GSI) has a ttm revenue of $2.15 billion, but its massive debt load taints the picture for GSI.

A very commonly used analysis of industry peers is the P/E ratio.  Juxtaposing companies via this metric show CHOP, SUTR and GSI to have P/E ratios of 4.23:1, 3.29:1 and 61.11:1, respectively, as compared to LGHS’s tiny ratio of 1.08:1.  By that standard, the company is clearly undervalued.

By virtually all standard measures, LGHS should be a stalwart in relation to peers.  Take a look at a few of these other stats:

The sales increases in Q4 will further bolster Longhai’s balance sheet.  Factoring in a second line running full bore and the company could reach $1 billion in revenue in 2012.  With a miniscule number of outstanding shares (10 million), LGHS is only commanding a $10 million market cap; a ridiculously low amount for a company of its capacities.  It’s a head-scratcher to see a company with a net income that nearly equals their market cap.  It may be ignored at the moment, but a company such as Longhai Steel Inc. will not fly under the radar forever when it is approaching billion-dollar revenue figures, carrying no debt and a price tag of only $1 per share.  Frankly, it’s a bit amazing that it has for this long.

To learn more about Longhai Steel, please see the following resources:

Company Website

Investor Presentation