SHANGHAI, China, Sept. 19 /Xinhua-PRNewswire-FirstCall/ -- China-Biotics, Inc. (OTC Bulletin Board: CHBT) (''China-Biotics," "the Company"), a leading Chinese firm specializing in the manufacture, research, development, marketing and distribution of probiotics products, announced today that at its 2008 Annual General Meeting of Shareholders (the ''AGM''), stockholders re-elected all of the Company's nominees to the Board of Directors.
At the meeting, held September 12, 2008, shareholders approved the re-election of Mr. Jinan Song, Dr. Ji Wei Chin, Dr. Wen Min Du and Mr. Simon Yick as members of the Company's Board of Directors. Shareholders also ratified the appointment of BDO McCabe Lo Limited as the Company's independent auditors for the fiscal year ending March 31, 2008.
About China-Biotics, Inc.
China-Biotics, Inc. ("China-Biotics," "the Company''), a leading manufacturer of biotechnology products and supplements, engages in the research, development, marketing and distribution of probiotics dietary supplements. Through its wholly owned subsidiary, Shanghai Shining Biotechnology Co., Ltd., the Company has operations in Shanghai. Its proprietary product portfolio contains live microbial nutritional supplements under the ''Shining'' brand. Currently, the products are sold OTC through large distributors to pharmacies and supermarkets in Shanghai, Jiangsu, and Zhejiang. China-Biotics plans to launch 300 Shining brand retail outlets in major cities in China. Currently, China-Biotics is strategically expanding its production capacity of probiotics to meet growing demand in the bulk additive market. For more information, please visit http://www.chn-biotics.com .
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|SOURCE China-Biotics, Inc.|
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