James Crane speaks at the RedChip Shanghai Conference

Mr. Crane, Founder and President of 正凯 J Crane and Company, presented Longwei Petroleum Investment Holdings, Ltd. at the 2009 Shanghai RedChip Conference.

J Crane & Company President and Founder is Moving to China

James Crane, and his family, will move to China on September 1, 2009. Both J Crane & Company and its clients continue to expand operations in China. Mr. Crane's sole focus will be the firm's Chinese clients.

“J Crane & Company is now fully committed to Asia. My family and I are excited to be part of the extraordinary economic growth currently taking place in China. China is a vibrant and exciting place to live and work right now, and the quality and quantity of the business opportunities existing in China far exceed those available to us in the US" Commented Mr. Crane.

William J. Keane III, CPA, MST joined J Crane & Company in June. He is in charge of the firm's operations in the US. He has over 13 years of experience in accounting and taxation, including 8 years in a management role for two of New England's premier CPA firms.

China's economy is in recovery

IMF and World Bank predictions of 5% - 6% growth earlier this year were upgraded to 7.2% in May, however, our sources in Beijing report an 8% growth- as predicted by the PRC itself. This growth is largely due to the government's 4000 billion yuan injection into the economy, approximately 25% of which is channeled into the country's infrastructure. The impact of the investment can already be seen in China's growing demand for energy.

According to the Nautilus Institute publication by By Jia Xijin and Zhao Yusi, "Of the 4000 billion RMB investment, sustainable housing projects account for 280 billion, rural livelihood and rural infrastructure projects account for 370 billion, railways, highways, airports, and power grids in urban and rural areas account for 1800 billion, medical and health as well as culture and education projects account for 40 billion, investment in environmental projects account for 350 billion, independent innovation and structural adjustment account for 160 billion, and post-disaster restoration and reconstruction account for 1000 billion."

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New Poll

Estimate the market return of the S&P 500 after the recession.

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Listing on the NASDAQ or NYSE

"Listing on the NASDAQ or NYSE presents many benefits. These mature markets are traded daily by investors throughout the world, generally have less volatility due to very large trading volume and analyst coverage, provide listed companies with superior access to capital and extensive transparency that bolsters investor confidence. Other markets throughout Asia and Europe do not offer all of these benefits, or the degree of the benefits is significantly less in comparison to the NASDAQ or NYSE."

- Dayong Zhou
Director of China Investment Banking