Sinocoking Coal & Coke (NASDAQ:SCOK)

PINGDINGSHAN, China, May 19, 2011 /PRNewswire-Asia/ -- SinoCoking Coal and Coke Chemical Industries, Inc. (Nasdaq:SCOK) (the "Company" or "SinoCoking"), a vertically-integrated coal and coke processor, today announced that effective May 17, 2011, the Audit Committee of its Board of Directors appointed Friedman LLP as the Company's new independent auditor, replacing the firm of Frazer Frost LLP.

Friedman LLP will audit the Company's consolidated balance sheet and the related consolidated statements of operations, shareholders' equity and comprehensive income, and cash flows for the year ending June 30, 2011.

The decision to change auditors was not the result of any disagreement between the Company and Frazer Frost LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.