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China Dongsheng International Announces Fiscal Year 2008 Second Quarter Financial Results
Date:2/20/2008

re sales force as we focus on our branded products.

Net income for the fiscal year second quarter ended December 31, 2007 increased 11.8% to $4,326,248 million compared to $3,866,700 million for the same period 2006.

On the balance sheet, total net assets for the fiscal year second quarter of 2008 were $49.4 million.

About China Dongsheng International, Inc.

China Dongsheng International, Inc., through its 100%-owned subsidiary, Jilin Dongsheng Weiye Science and Technology Development Co., Ltd, is engaged in the development and manufacture of nutritional supplements and personal care products domestically in China. The Company sells these products through approximately 200,000 distributors (with 18,000 full time salespersons) and 2,500 retail outlets (with over 400 exclusive franchise stores) in twenty-six provinces throughout China.

CHINA DONGSHENG INTERNATIONAL, INC.

CONDENSED CONSOLIDATED BALANCE SHEET

ASSETS

December 31, 2007

(Unaudited)

Current assets:

Cash and cash equivalents $817,151

Accounts receivable - net of allowance for

doubtful accounts of $40,000 230,435

Inventory 65,418

Prepaid expenses 275

Advances to suppliers 301,712

Other receivable 8,506

Total Current Assets 1,423,497

Property and equipment, net of

accumulated depreciation of $653,051 43,158,276

Other assets:

Investment advan
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SOURCE China Dongsheng International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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