Message #8 From:
NewsBot Date: April 18, 2008 10:03:08 PM
China Yingxia International, Inc. Retains CCG Elite
HARBIN, China, April 14 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia
International, Inc. (OTC Bulletin Board: CYXI) ('China Yingxia' or 'the
Company'), leading provider in the nutraceutical industry engaged in the
development, manufacture and distribution of organic nutritional food products,
supplements, and personal care products in the People's Republic of China
('PRC'), today announced that it has retained CCG Elite to design and execute
its investor relations campaign.
'We look forward to improving our communication with investors and are
pleased to collaborate with CCG Elite to increase our visibility both in the
investment community and with the financial media,' said Ms. Yingxia Jiao,
Chief Executive Officer of China Yingxia.
China Yingxia, through its wholly-owned subsidiary, Harbin Yingxia, is
engaged in the development, production and sale of health food products,
including soybean meals and drinks, cactus based foods, rice products, and
beauty cosmetics. China Yingxia's principle products and services are divided
into five categories and include nutritional food products, dietary
supplements, cosmetic products, raw cactus plants, personal care products and
others. The Company has approximately 235 SKUs and produces approximately 64%
of its products in house. The remaining products are purchased wholesale and
resold or manufactured by third-party contracted companies, including Nestle.
The Company sells its products through franchised retail outlets and regional
distribution centers in the PRC.
Currently there are over 3,000 health food companies in China with total
annual production over $6.2 billion. 1.45% of these companies have capital
over $12.5 million, 38% are mid-sized companies with capital between $6.2 and
$12.5 million, 48.05% with capital between $12,500 and $6.2 million and the
remaining 12.5% are workshop style companies with capital less than $12,500.
These statistics show that the majority of Chinese health food manufacturers
are small to mid sized companies. The Company has a comparative advantage in
capital, $37 million as of year ended, December 31, 2007, and scale compared
to other health food companies.
China Yingxia enjoys competitive advantages due to its research and
development capabilities, manufacturing capacity and sales force which acts as
consultants to consumers. The Company's current growth strategy includes
acquisitions as well as organic growth.
'China Yingxia is a leading provider of health food products in the PRC.
The Company is uniquely positioned to take advantage of the growing Chinese
middle-class consumer, who is keen on living a healthier lifestyle,' said
Crocker Coulson, President of CCG Elite. 'With its wide range of products and
services that cater to this lucrative market, China Yingxia is well positioned
to succeed in this industry.'
About CCG Elite
CCG Elite is a global, full-service investor relations firm, headquartered
in Los Angeles, CA with offices in New York City, Newport Beach, Calif.,
Dallas, Texas, Hong Kong, Beijing, Shanghai and Tel Aviv. CCG Elite is
uniquely positioned to provide outsourced, high-level investor relations
solutions to its clients, combined with an in-depth understanding of Asia's
corporate culture and economic environment, to convey their story to funds and
broker-dealers located in the U.S. For further information, contact CCG Elite
directly, or visit the Company's Web site at http://www.ccgelite.com .
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.
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.
Safe Harbor Statement
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:
Company Contact: Ms. Yingxia, Jiao Chief Executive Officer China Yingxia International, Inc Tel: +86-451-8631-0948 Email: gy335577@163.com
Investor Relations Contact: Mr. Crocker Coulson President CCG Elite Investor Relations Tel: +1-646-213-1915 Email: crocker.coulson@ccgir.com
