updated 12/7/2010 8:46:22 AM ET 2010-12-07T13:46:22

ORLANDO, Fla., Dec. 7, 2010 (GLOBE NEWSWIRE) -- RedChip Visibility, a division of RedChip Companies, Inc., today announced it has issued a research update on Longwei Petroleum Investment Holding, Limited (NYSE Amex:LPH), a diesel, gasoline, fuel oil, and solvent oil distributor operating in China's Shanxi Province.

To receive a complimentary copy of the RedChip Visibility Research Update for LPH, please visit: http://www.redchip.com/about/aboutmain.asp?rid=325

To learn more about Longwei Petroleum, visit http://www.redchip.com/visibility/investor.asp?symbol=lph

About Longwei Petroleum Investment Holding, Limited

Longwei Petroleum Investment Holding, Limited is an energy company engaged in the storage and distribution of finished petroleum products in the People's Republic of China. The Company's oil and gas operations consist of transporting, storage and selling finished petroleum products, entirely in the PRC. The Company's headquarters are located in Taiyuan City, Shanxi Province. The Company has a storage capacity for its Products of 120,000 metric tons located at storage facilities in Taiyuan and Gujiao, Shanxi. The Company's Taiyuan and Gujiao facilities can store 50,000 metric tons and 70,000 metric tons, respectively. The Company is 1 of 3 licensed intermediaries in Taiyuan and the sole licensed intermediary in Gujiao that operates its own large scale storage tanks. The Company has the necessary licenses to operate and sell Products not only in Shanxi but throughout the entire PRC. The Company's storage tanks have the largest storage capacity of any non-government operated entity in Shanxi.

About RedChip Companies, Inc.

RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research™, Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV™, Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio™. To learn more about RedChip's products and services, please visit: http://www.redchip.com/visibility/productsandservices.asp .

"Discovering Tomorrow's Blue Chips Today"™

The RedChip Companies, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=2761

Disclosure

None of the profiles issued by RedChip Companies, Inc. constitutes a recommendation for any investor to purchase or sell any particular security or that any security is suitable for any investor. Any investor should determine whether a particular security is suitable based on the investor's objectives, other securities holdings, financial situation needs, and tax status. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. Longwei Petroleum Investment Holding Ltd. ("LPH") is a client of RedChip Companies, Inc. and of RedChip Visibility, a division of RedChip Companies. LPH paid RedChip Visibility, a division of RedChip Companies, Inc., thirty thousand dollars for twelve (12) months of RedChip Visibility Program services, which included the preparation of the equity research report(s). The equity research report(s) were prepared for informational purposes only and were paid for by the company portrayed in the report. Information contained in the equity research report(s) is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. The equity research report(s) are not a recommendation of a solicitation to purchase or sell any security, nor do they constitute investment advice. RedChip Companies, Inc. is currently engaged by this company to provide investor awareness services. Investor awareness services and programs are designed to help small-cap companies communicate their investment characteristics. For the period February 2008 through February 2009, LPH agreed to pay RedChip Companies, Inc. three hundred thousand shares of free-trading stock plus thirty thousand dollars in cash per quarter for investor relations services. For the 12-month period March 2009 through March 2010, LPH agreed to pay RedChip Companies, Inc. 1.5 million shares of Rule 144 stock for investor relations and consulting services. For the three month period April 1, 2009 through June 30, 2009, LPH agreed to pay RedChip Companies, Inc. a monthly fee of twenty thousand dollars in cash for investor relations and consulting services. For the three month period July 8, 2009 through September 8, 2009, LPH agreed to pay RedChip Companies, Inc. a monthly fee of fifteen thousand dollars in cash for investor relations and consulting services. For the period July 30, 2009 through October 8, 2010, RedChip received an additional eight hundred forty six thousand eight hundred shares of free-trading stock for investor relations services. For the period of September 8, 2009 through October 8, 2010, LPH agreed to pay RedChip Companies, Inc. a monthly fee of ten thousand dollars in cash for investor relations services. RedChip received a one-time IR consulting fee which includes expenses of two hundred ninety five thousand dollars for 18 months of service. RedChip Companies, Inc., employees and affiliates may have positions and affect transactions in the securities or options of the issuers mentioned herein.

CONTACT:  RedChip Companies, Inc.
          1-800-REDCHIP (733-2447, Ext. 106)
          research@redchip.com 
          http://www.redchip.com

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