PHOENIX, AZ--(Marketwire -12/05/11)- EastBridge Investment Group (OTC.BB: EBIG.OB - News) (OTCQB: EBIG.OB - News) announced today that its new client, Hangzhou LongWen Media has begun its audit work in connection with the U.S. listing process.
Norm Klein, CFO/COO of EastBridge, commented, "We are pleased to see another client with their audit work started. In addition to Dwarf Technology and Arem Pacific, this will be another new client in our pipeline for listing in 2012."
Keith Wong, CEO of EastBridge, added, "While we are waiting for Tsingda and Wonder to begin trading, we have not let up on the work for the clients in the pipeline. We believe that LongWen will be a significant client as it currently has two well established subsidiaries generating a total of a couple million dollars of net income per year. The subsidiaries are in the copper faucets and valves and copper rods business. The holding company, LongWen Media, is in the high growth multi-media business."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG's email alert, send a blank email to info@EbigCorp.com. Join us on Facebook at the following link: http://www.facebook.com/ebigcorp.
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