SOURCE: New Oriental Energy & Chemical Corp.

March 25, 2008 14:30 ET

New Oriental Energy & Chemical to Hold Its Annual Stockholders' Meeting on Thursday, March 27, 2008

NEW YORK, NY--(Marketwire - March 25, 2008) - New Oriental Energy & Chemical Corp. (NASDAQ: NOEC), a specialty chemical and emerging alternative fuel manufacturer in The People's Republic of China (PRC), will hold its Annual Meeting of Stockholders on Thursday, March 27, 2008 in New York at 9:30 am. Interested shareholders are invited to attend at the offices of K & L Gates, 599 Lexington Avenue. Management of the Company will participate via videoconference from Beijing.

The agenda for the Meeting is: a) The election of The Board of Directors, and b) To consider and act upon such matters as may properly come before the Meeting.

About New Oriental Energy & Chemical Corp.

New Oriental Energy & Chemical Corp., which recently upgraded its US listing to the NASDAQ Global Market (NASDAQ: NOEC), is an emerging alternative fuel and specialty chemical manufacturer based in Henan Province, China. The Company is focused on the production of Dimethyl ether (DME), methanol and fertilizer products, and expects to begin production of bio-diesel within the next year. The Company sells its products primarily through a network of distribution partners. Additional information on the Company is available on its website at www.neworientalenergy.com.

Safe Harbor Statement:

This press release may contain forward-looking statements concerning New Oriental Energy & Chemical Corp. The actual results may differ materially 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 or product techniques, and various other factors beyond its control. All forward-looking statements are expressly qualified in their entirety by this Cautionary Statement and the risk factors detailed in the Company's reports filed with the Securities and Exchange Commission. New Oriental Energy & Chemical Corp. undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Contact Information

  • Contact:

    New Oriental Energy & Chemical Corp.
    Mr. Wang Gui Quan
    President
    Xicheng Industrial Zone of Luoshan, Xinyang
    Henan Province, The People's Republic of China
    Tel: (011-86) 376-2169211

    Investors:

    Mark Miller
    East West Network Group
    mmeastwest@hotmail.com
    Ph: (770) 436-7429

    Press:

    Ken Donenfeld
    DGI Investor Relations
    donfgroup@aol.com
    kdonenfeld@dgiir.com
    Ph: (212) 425-5700
    Fax: (212) 425-6951