Longhai Steel, Inc. (fka LGHS)

[HDOGTX]

Boom: ITEM 8.01. OTHER EVENTS.

On January 11, 2012 , the Board of Directors of the Company established an Audit Committee, a Governance and Nominating Committee and a Compensation Committee and appointed each of the Company's Independent Directors to each committee, effective as of the Effective Date. Dr. Grieves was appointed to serve as the Chair of the Audit Committee, Mr. Cooke was appointed to serve as the Chair of the Governance and Nominating Committee and Mr. Toplansky was appointed to serve as the Chair of the Compensation Committee, each as of the Effective Date.