HARBIN, China, April 8 /PRNewswire-FirstCall/ - Eline
Entertainment Group Inc. (EEGI, http://elineentertainment.com/) and
its China based subsidiary
Innovation Investment Group (Inn Group; http://www.ydwtz.com/eng/)
are pleased to announce the commencement of the construction of a
new center in Western China.
Inn Group recently signed a 'Land Use Agreement' for over 40
acres of land in Chengdu, western
China. The purchased land belongs
to the area of the Chengdu
'Education Industrial Park'. The Inn Group will now build a
Development Leadership Training Centre'. This initial project will
cover one fifth of the purchased land.
Mrs. Wei Hong said "We will start
with our 'Indevelope Leadership Training Centre' first and we'll
grow from there. Chengdu offers a
great growth opportunity for our business in western china. The
city is one of China's academic
and engineering hubs, and we expect great success in a city
saturated by knowledge. Chengdu
offers infinite opportunities and possibilities for growth. I
invite all of our shareholders and company followers to visit us at
the shareholder Expo in Toronto
April 9th at the Marriott Airport
hotel."
Chengdu became an important
base for talent in science and technology in western China, with the total number of specialized
professionals reaching 1.55 million, ranking first in western
China and fourth in all of
China. Chengdu has 33 colleges and universities,
including nationwide well known universities like University of
Electronic Science and Technology of China, Sichuan University, Southwest Jiaotong
University and Southwest University of Finance and Economics, etc.
The City serves 450,000 students and over 80,000 annually.
Chengdu has 70 research
institutes, 31 enterprise technology centers, 37 national key
laboratories, centers and bases and 9 national engineering
(technology) research centers and enterprise technology
centers.
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Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Eline
Entertainment Group Inc. 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. Eline Entertainment Group Inc. cautions
you that any forward-looking information provided by or on behalf
of Eline Entertainment Group Inc. 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. Eline Entertainment Group Inc.'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 Eline Entertainment Group Inc.'s
control. In addition to those discussed in Eline Entertainment
Group Inc.'s press releases, public filings, and statements by
Eline Entertainment Group Inc.'s management, including, but not
limited to, Eline Entertainment Group Inc.'s estimate of the
sufficiency of its existing capital resources, Eline Entertainment
Group Inc.'s ability to raise additional capital to fund future
operations, Eline Entertainment Group Inc.'s ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match
Eline Entertainment Group Inc.'s capability to be awarded
contracts. All such forward-looking statements are current only as
of the date on which such statements were made. Eline Entertainment
Group Inc. 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.
CONTACT: For any investor relations matters, please contact
www.minamargroup.net/helpdesk; Investor Relations Department
Inquiry, www.minamargroup.net (IR); For (M&A) and Corporate
Matters, www.minamargroup.com
SOURCE Eline Entertainment Group Inc.