Message #5 From:
NewsBot Date: February 18, 2008 10:08:26 PM
China Yingxia Makes First Steps into Indian Market
HARBIN, China, Jan. 17 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia
International, Inc. (OTC Bulletin Board: CYXI stock message board forums), a leading provider in the
nutraceutical industry by engaging in the development, manufacture and
distribution of organic nutritional food products, supplements, and personal
care products in China, today announced that it had formally established a
wholly-owned Indian subsidiary that will focus on selling and distributing the
company's products.
Chairman Jiao Yingxia commented, 'We believe there is great potential in
the Indian market for our products. Indians are increasingly favoring a
healthy lifestyle and, more and more, they have the income to buy our products.
We sent our own team to India in March 2007 to research the potential and we
liked what we saw.'
'We believe there is particular potential in selling our organic rice
products which not only taste good but which studies in China have shown to
reduce symptoms of certain diseases such as diabetes. '
'The establishment of a subsidiary in India is just one small step and
much work still needs to be done before the Indian market has an impact on
sales and earnings. But we have a great product line that appeals not only to
Chinese but to people around the world. Currently, we are a still a company
selling mostly in Northern China, but we have major ambitions that we are
working hard to execute.'
China Yingxia International, Inc., through its 100%-owned subsidiary,
Harbin Yingxia Industrial Group Co., Ltd. ('Yingxia'), is primarily engaged in
the development, production and sales of health food products in China.
Yingxia is located in the Province of Heilongjiang in mainland China, and it
currently has over 180 employees and 3 agricultural production bases.
Yingxia's products include soybean-based foods and drinks, longgu golden
millet enriched products, cactus-based herbal supplements, personal care
products, Nestle products, and organic rice products.
The statements contained herein that are not historical facts are
'forward-looking statements' within the meaning of Section 21E of the
Securities and Exchange Act of 1934, as amended, and the Private Securities
Litigation Reform Act of 1995. Such forward-looking statements may be
identified by, among other things, the use of forward-looking terminology such
as 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates' or the
negative thereof or other variations thereon or comparable terminology, or by
discussions of strategy that involve risks and uncertainties. In particular,
our statements regarding the potential growth of the markets are examples of
such forward-looking statements. The forward-looking statements include risks
and uncertainties, including but not limited to, general economic conditions
and regulatory developments, not within our control. The factors discussed
herein and expressed from time to time in our filings with the Securities and
Exchange Commission could cause actual results and developments to be
materially different from those expressed or implied by such statements. The
forward-looking statements are made only as of the date of this filing, and we
undertake no obligation to publicly update such forward-looking statements to
reflect subsequent events or circumstances.
For more information, please contact:
China Yingxia International, Inc. Joe Levinson Tel: +1-989-785-0208
