HARBIN, China, May 23, 2012 /PRNewswire-Asia/ -- China Botanic
Pharmaceutical Inc. (NYSE AMEX: CBP) ("China Botanic" or the
"Company"), a developer, manufacturer and distributor of botanical
products, bio-pharmaceuticals and Traditional Chinese Medicines
("TCM") in China, today announced
that the Company recently attended the 111th China Import and
Export Fair (the "Canton Fair") held in Guangzhou, China.
China Botanic showcased the Company's Siberian Ginseng
(Acanthopanax) series products and its biopharmaceutical products,
including Badger Oil and Ginseng and Venison Extract at the Canton
Fair and received several orders with a total value of
approximately RMB 6 million (or
approximately $1.0 million).
Mr. Shaoming Li, Chairman and
Chief Executive Officer of China Botanic commented, "The Canton
Fair is a great opportunity to showcase our products to several
international participants and potential customers. Our products
were well received at the Canton Fair and we are pleased to receive
new orders of $1.0 million. We will
continue to seek opportunities to attend similar public and
industry events which provide us a platform to promote our products
and capabilities and build strong industry relationships."
About China Import and Export Fair
China Import and Export Fair (also called the Canton Fair) was
inaugurated in spring 1957. It is co-hosted biannually by the
Ministry of Commerce of PRC and the People's Government of
Guangdong Province in Guangzhou, every spring and autumn. The
Fair ranks the top in the world in terms of the scale for a single
exhibition, and it is a comprehensive international trading event
with the longest history, the largest scale, the most complete
exhibit variety, and the biggest buyer attendance. Held from
April 15, 2012 to May 5, 2012, the 111th Canton Fair attracted over
63,000 business attendees and created over $3.6 billion export volume. For more information,
please visit http://www.cantonfair.org.cn/en/index.asp.
ABOUT CHINA BOTANIC
PHARMACEUTICAL INC.
China Botanic Pharmaceutical Inc. is engaged in the research,
development, manufacturing, and distribution of botanical products,
bio-pharmaceutical products, and traditional Chinese medicines
("TCM"), in the People's Republic of
China. All of the Company's products are produced at its
three GMP-certified production facilities in Ah City, Dongfanghong
and Qingyang. The Company distributes its botanical anti-depression
and nerve-regulation products, biopharmaceutical products, and
botanical antibiotic and OTC TCMs through its network of over 3,000
distributors and over 70 sales centers across 24 provinces in
China. For more information,
please visit www.renhuang.com.
Safe Harbor Statement
This press release contains certain statements that may
include forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
are based upon management's beliefs, assumptions and expectations
of the Company's future operations and financial performance,
taking into account the information currently available to
management. These statements are not statements of historical fact.
Forward-looking statements involve risks and uncertainties, some of
which are not currently known that may cause actual results,
performance or financial condition to be materially different from
the expectations of future results, performance or financial
condition expressed or implied in any forward-looking statements.
These forward-looking statements are based on current plans and
expectations and are subject to a number of uncertainties
including, but not limited to, the Company's ability to manage
expansion of its operations effectively, and other factors detailed
in the Company's annual report on Form 10-K and other filings with
the Securities and Exchange Commission. The Company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise. You are cautioned not to unduly rely on such
forward-looking statements when evaluating the information
presented herein.
Company
Contact:
|
CCG Investor Relations:
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China
Botanic Pharmaceutical Inc.
|
Mr. Mark Collinson, Partner
|
Ms. Portia
Tan, IR Contact
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Phone: +1-310-954-1343 (Los Angeles)
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Tel:
86-451-8260-2162
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Email: mark.collinson@ccgir.com
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Email:
ir@renhuang.com
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Website: www.ccgirasia.com
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SOURCE China Botanic Pharmaceutical Inc.