SHANGHAI, April 22 /PRNewswire-Asia-FirstCall/ -- China-Biotics, Inc. (Nasdaq: CHBT) ("China-Biotics," "the Company"), a leading Chinese firm specializing in the manufacture, research, development, marketing and distribution of probiotics products, today announced it has signed an agreement with Dabeinong Group ("Dabeinong") to supply probiotics as bulk additives for poultry feed products.
Under the initial purchase order, which has already begun shipping, China-Biotics will provide probiotics such as lactobacillus acidophilus and streptococcus faecalis. These bulk additives will be used in several of Dabeinong's products and will help enhance the avian immune system and increase poultry survival and egg production rates in commercially raised poultry.
"We are delighted to supply probiotics to the poultry feed industry for the first time," said Mr. Jinan Song, China-Biotics' Chairman and Chief Executive Officer. "This agreement allows China-Biotics to enter an important new market segment, which we believe could become a significant driver of future growth. Improving the health and safety of commercial poultry is of the utmost importance to the Chinese government, as well as increasingly health-conscious consumers. We continue to demonstrate the appeal of our strong product quality and prompt technical support, which is enabling us to increase our market share in China. We look forward to cultivating additional long-term relationships with new commercial partners as we continue to expand the number of commercial applications for probiotics."
Founded in 1993 and headquartered in Beijing, Dabeinong is engaged in
manufacturing and distributing animal feed, pesticides, animal medicines, seed
and bacterin. With 5,000 employees, Dabeinong operates more than 40 affiliated
companies, 500 retail stores and
|SOURCE China-Biotics, Inc.|
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