Navigation Links
Sunrise Biotech Holding Limited Application For Admission to PLUS
Date:11/14/2007

BEIJING, Nov. 14 /Xinhua-PRNewswire/ -- The directors of Sunrise Biotech Holding Limited ("Sunrise" or the "Company"), a leading producer of organic mulberry-based products in China, are pleased to announce the Company has applied for the admission of its entire ordinary share capital for trading on the PLUS Market.

LISTING DETAILS

SECTOR CLASSIFICATION Biology Technology

PRINCIPLE ACTIVITIES The development and production of

mulberry tree-based organic

products -- namely: mulberry tea,

mulberry leaf powder and tablets

for use in food additives and

herbal remedies, and mulberry

leaf powder and granules for use

as animal fodder

OVERVIEW

Sunrise Biotech Holding Limited is a recently formed holding company incorporated in Jersey that owns 100% of the total share capital of Beijing Sunrise, which, in turn, owns 100% of the total share capital of Hebei Sunrise (together "the Group"). Founded January 2005, Beijing Sunrise develops and produces organic mulberry-based products from three locations in the Yongledian Region of Beijing. Hebei Sunrise, founded May 2005, operates from one location in the Hebei region of China. Currently, the Company's product range is focused on the production of mulberry tea, mulberry leaf powder and tablets for use in food additives and herbal remedies, and mulberry leaf powder and granules for use as animal fodder.

The Group's production base currently consists of over 3,100 acres of leased land, which produces an annual mulberry leaf capacity of 24,000 tons. In 2006, the Company generated net profits of GBP1,432,72.

ANTICIPATED ADMISSION

Yonghu Li, chairman of Sunrise Holding Ltd., commented: "The Admission on the PLUS market represents a significant development for the Company which has the potential to improve its corporate governance and raise funds for its future development."

Fortunes Capital, one of the renowned financial advisory firms, has led in the listing process. Steve Wayne, president of Fortunes Capital (China), said: "Sunrise Biotech is a unique company with great potential for growth, which is one of few companies to advocate mulberry-based food and healthcare solutions. Sunrise is establishing its leading stand in this market segmentation of China biotech Industry."

Trading in the Company's shares on PLUS is expected before the end of December 2007. An announcement will be loaded onto the PLUS official website in the near future.


'/>"/>
SOURCE Sunrise Biotech Holding Limited
Copyright©2007 PR Newswire.
All rights reserved

Related biology technology :

1. Spherix Shareholders Support Companys Focus on Naturlose, Biotechnology
2. China Kangtai Cactus Biotech Files 2nd Quarter 2007 10QSB and Announces Unaudited Quarterly Results
3. ISI Increases West Coast Life Science and Biotech Support for Emerging Companies with Expansion in San Francisco and San Diego
4. Amyris Biotechnologies Co-Founder Neil Renninger Named to Technology Reviews Prestigious TR35 List of Top Young Innovators
5. Finkelstein Thompson LLP Announces GPC Biotech AG Investigation
6. Operon Biotechnologies and DNA2.0 Announce Co-Marketing and Technology Development Partnership
7. Clinical Data Acquires Epidauros Biotechnologie AG, Significantly Enhancing Proprietary Genetic Biomarker Portfolio
8. Microchip Biotechnologies, Inc. Secures Exclusive License to Use New University of Alberta Technology for Developing Microfluidic Devices
9. Shareholder Class Action Filed Against GPC Biotech AG by the Law Firm of Schiffrin Barroway Topaz & Kessler, LLP
10. Favrille CEO to Present at NewsMakers in the Biotech Industry Investment Conference
11. NeurogesX to Present at BioCenturys NewsMakers in the Biotech Industry Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/11/2017)... , ... October 11, 2017 , ... ... President Andi Purple announced Dr. Suneel I. Sheikh, the co-founder, CEO and ... Labs ), Inc. has been selected for membership in ARCS Alumni Hall ...
(Date:10/11/2017)... ... October 11, 2017 , ... Proscia Inc ... hosting a Webinar titled, “Pathology is going digital. Is your lab ready?” with ... adoption best practices and how Proscia improves lab economics and realizes an increase ...
(Date:10/11/2017)... ... 2017 , ... A new study published in Fertility and ... in vitro fertilization (IVF) transfer cycles. The multi-center matched cohort study ... comparing the results from the fresh and frozen transfer cohorts, the authors of ...
(Date:10/10/2017)... ... October 10, 2017 , ... ... FirstHand program has won a US2020 STEM Mentoring Award. Representatives of the FirstHand ... Excellence in Volunteer Experience from US2020. , US2020’s mission is to change the ...
Breaking Biology Technology:
(Date:10/4/2017)... BLOOMINGTON, Ill. , Oct. 4, 2017  GCE Solutions, a ... powerful new data and document anonymization solution on October 4, 2017. ... the pharmaceutical field to comply with policy 0070 of the European ... documents and data. ... Innovation by GCE Solutions ...
(Date:6/23/2017)... and ITHACA, N.Y. , June ... Cornell University, a leader in dairy research, today announced ... designed to help reduce the chances that the global ... onset of this dairy project, Cornell University has become ... Sequencing the Food Supply Chain, a food safety initiative ...
(Date:5/6/2017)... May 5, 2017 RAM Group ... a new breakthrough in biometric authentication based on ... mechanical properties to perform biometric authentication. These new sensors ... material created by Ram Group and its partners. This ... transportation, supply chains and security. Ram Group is ...
Breaking Biology News(10 mins):