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China Bionanometer Industries Corporation Announces Record Second Quarter 2007 Results
Date:1/29/2008

280

TOTAL STOCKHOLDERS' EQUITY 14,314,393 13,052,252

TOTAL LIABILITIES AND STOCKHOLDERS' 18,298,617 15,607,078

EQUITY

Landway Bionanometer Technology Joint-stock Co.,Ltd

Condensed Statements of Cash Flows

Six months ended June 30,

(Unaudited)

2007 2006

Cash flows from operating activities

Net cash flows provide by

operating activities $1,475,289 $780,959

Cash flows from investing activities

payments to acquire property, plant

and equipment -6,451 -2,682

Net cash flows used in investing activities

cash flows from financing activities -6,451 -2,682

Proceeds form bank loan 652,000 0

Repayment of bank loan 0 -499,840

Net cash flows provide by financing

activities 652,000 -499,840

Effect of foreign currency translation

on cash and cash equivalents 83,578 20,650

Net (decrease) increase in cash and cash 2,204,416 299,087

equivalents

Cash and cash equivalents, beginning

of period 2,589,086 2,012,874

Cash and cash equivalents,

end of period $4,793,502 $2,311,961

Supplemental cash flow information

Interest paid $37,800 $22,669

Income taxes paid $-- $--

Landway Bionanometer Technology Joint-stock Co., Ltd


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SOURCE Xi'an Landway Bionanometer Technology Co., Ltd.
Copyright©2008 PR Newswire.
All rights reserved

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