SOURCE: Hiru Corporation

January 05, 2010 09:30 ET

Hiru Corporation (HIRU) Seeks Opportunities Within the Local Economic Development

BEIJING--(Marketwire - January 5, 2010) - Hiru Corporation (PINKSHEETS: HIRU) ( and its sole subsidiary Jiangxi RongYu Pharmaceutical Group, Inc. ( want to update its shareholders on the current economic development in the Jiangxi province as the government plans to extend the Poyang Lake Ecological Economic Zone.

In efforts to speed up the economic development of the central region of China, the government introduced a sustainable economic development program: Poyang Lake Ecological Economic Zone with the center in Nanchang. With this plan already underway, it had already brought economic development to neighboring Linchuan, home to Jiangxi RongYu Pharmaceutical Group. The government now plans to expand this zone further and include Linchuan and area into the Poyang Lake Ecological Economic Zone with 30 initial projects worth over $50 million RMB and the following investment of over $100 million RMB in sustainable and eco-friendly development.

In the light of this new exciting development, Jiangxi RongYu Pharmaceutical Group will examine the new development program with the government to find the best ways of participating in this program. The company believes that the program will be able to raise the money for the Jiangxi RongYu to purchase new, more effective technology, expand its production etc. Jiangxi RongYu will seek out government support through this newly created opportunity and further update the shareholders about this opportunity.

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Information in this news release may contain statements about future expectations, plans, prospects or performance of Hiru Corporation that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Hiru Corporation cautions you that any forward-looking information provided by or on behalf of Hiru Corporation is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hiru Corporation's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hiru Corporation's control. In addition to those discussed in Hiru Corporation's press releases, public filings, and statements by Hiru Corporation's management, including, but not limited to, Hiru Corporation's estimate of the sufficiency of its existing capital resources, Hiru Corporation's ability to raise additional capital to fund future operations, Hiru Corporation's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Hiru Corporation's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hiru Corporation does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.

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