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L&L Energy Appoints Y.P. Chan As Managing Director -- M&A

SEATTLE, Aug. 8, 2012 /PRNewswire/ -- L&L Energy, Inc. (NASDAQ: "LLEN") ("L&L, the Company"), a Seattle-based company with a track record of profitable coal operations in China, announced that Mr. Y.P. Chan, a seasoned executive with over 20 years of experience in the USA and China, has been appointed Managing Director - M&A, to strengthen the Company's coal acquisition and strategic growth in China.

Mr. Chan is currently an Advisor to L&L and brings over 20 years of experience in  M&A, restructuring, finance, business modeling, infrastructure, and entrepreneurship in the US, China, Japan, and Korea. He served as Interim CEO and COO of an US publicly listed company for four years. Mr. Chan is well versed in regulatory filings and corporate governance in the US. Previously, he was Interim CFO and Chief Strategist of an IT company based in Hong Kong and also worked for AlliedSignal, (now Honeywell International Inc.) where he oversaw M&A activities and joint venture operations in China and Japan. Mr. Chan started his career as an engineer for IBM in Poughkeepsie, New York.

Mr. Chan came to the US at age 16 from China. Under an IBM sponsorship, he worked hard to earn both an MBA in Finance and MSEE from Columbia University in 1994 and 1990 respectively. He also earned a BSEE degree with honor from Polytechnic University in New York. He is fluent in English, Cantonese, and Mandarin. He is a US citizen and lives with his family in Seattle.

Dickson Lee, Chairman and CEO commented, "Bringing in talent such as Y.P. is another tangible step to strengthen our management capabilities and ensure our momentum in the Company's growth in China. His wealth of experience and knowledge, as a Columbia trained MBA and multicultural executive, are great additions to our management team. I look forward working closely with Y.P. to further grow L&L."

About L&L

L&L was incorporated in 1995 by the Company's Chairman and CEO. The Company has grown from a single employee to more than a thousand over the past 17 years. L&L has entered an expansion phase, seeking to consolidate mines in China and expand its sphere of business operations. Using its U.S. executives and quality assurance processes, the Company is upgrading its mining portfolio and expanding its distribution network for strategic revenue growth.

Contact: L&L Energy, Inc.(206)-264-8065 ir@llenergyinc.com

SOURCE L & L Energy, Inc.

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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