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

STOCKHOLDERS' EQUITY 13,494,422 13,052,252

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 16,389,575 15,607,078

Landway Bionanometer Technology Joint-stock Co., Ltd

Condensed Statements of Cash Flows

Three months ended

March 31,

(Unaudited)

2007 2006

Cash flows from operating activities

Net cash flows provide by operating activities $261,955 $360,086

Cash flows from investing activities

payments to acquire property, plant

and equipment -1,222 -1,852

Net cash flows used in investing activities -1,222 -1,852

Effect of foreign currency translation

on cash and cash equivalents 26,302 15,119

Net (decrease) increase in cash and cash

equivalents 287,035 373,353

Cash and cash equivalents, beginning of

period 2,589,086 2,012,874

Cash and cash equivalents, end

of period $2,876,121 $2,386,227

Supplemental cash flow information

Interest paid $14,151 $16,190

Income taxes paid $-- $--

Landway Bionanometer Technology Joint-stock Co., Ltd

Condensed Statements of Operations and Comprehensive Income

US$-Unaudited

Three months ended Six months ended

June 30, (Unaudited) June 30, (Unaudited)


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