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Shengtai Pharmaceutical, Inc. Reports Second Quarter Fiscal 2009 Financial Results
Date:2/13/2009

loans (3,909,682) (7,440,963) Borrowings on employee loans 787,061 1,271,112 Payments on employee loans (1,095,828) (137,616) Borrowings on third party loan 113,633 1,781,556 Payments on long term loans (513,852) -- Cash proceeds from issuance of common stock 750 506,493 Net cash provided by (used in) financing activities 19,838 (4,358,725) EFFECTS OF EXCHANGE RATE CHANGE IN CASH 52,213 96,016 INCREASE (DECREASE) IN CASH 3,475,989 (5,374,433) CASH, beginning of period 3,405,606 6,420,439 CASH, end of period $6,881,595 $1,046,006 For more information, please contact: Shengtai Pharmaceutical, Inc. Ms. Yiru Melody Shi Chief Financial Officer Email: shengtaicfo@hotmail.com Grayling Eddie Cheung Investor Relations Tel: +1-646-284-9414 Email: echeung@hfgcg.com
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