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China Biologic Products Announces the Change of CEO and CFO
Date:5/13/2008

ing, commodity trading and banking industries where he has served in the capacity of CFO, CIO and Controller. Of these years, Mr. Kuo worked for 25 years in the U.S. and for 2 years in Asia. Before joining CBP in September 2007, served from February through August 2007 as the IT Director for the Noble Group in Hong Kong, and prior to that, Mr. Kuo served from 2002 through 2007 as the CFO for Cuisine Solution, Inc., a public traded food manufacturing company. Mr. Kuo has also served as Vice President of Information Systems for Zinc Corporation of America and as Controller and Chief Information Officer of Wise Metals Group, the largest independent aluminum sheet producer in the U.S. Mr. Kuo obtained his Masters degree in Accounting from the Ohio State University and Bachelors degree in Economics from Soochow University in Taipei.

"We highly value Mr. Wong's contribution to our company in the past and his assistance in effecting a smooth transaction," said Mr. Zhao. "We are also pleased that Mr. Kuo has agreed to serve as the Company's CFO. We expect that his in-depth finance experience and his background in the U.S. capital market will inform our operations and business strategies and make him a valuable member of our team."

On May 9, 2008, the Company's board of directors also adopted an Equity Incentive Plan which is authorized to issue up to a total of 5,000,000 shares of the Company's common stock.

About China Biologic Products, Inc.

Through its indirect majority-owned subsidiary Shandong Taibang Biological Products Co. Ltd., China Biologic Products, Inc. (the "Company"), is principally engaged in the research, development, production and manufacturing and sale of plasma-based biopharmaceutical products to hospitals and other health care facilities in China. The Company's human albumin products are mainly used to increase blood volume and its immunoglobulin products are used for the treatment and prevention diseases.

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SOURCE China Biologic Products, Inc.
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