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China Medicine Enhances Management Team with Appointments of New Chief Financial Officer and Finance Manager
Date:8/31/2009

China. From October 1997 to December 1999, he was senior director of Finance and VP Investment of the Paging Products Group in Greater China of Motorola Inc., a New York Stock Exchange-listed company. He also served as Investment Banking Associate and Vice President of Lehman Brothers Inc.'s New York and Hong Kong offices from 1995 to 1997. Mr. Wu graduated from the Wharton School, University of Pennsylvania in 1995 with an MBA degree in finance and accounting. He received a Master of Justice Administration degree from Indiana University in 1993, and a Master of Law degree from China University of Political Science and Law in 1987. Mr. Wu obtained a Bachelor of Arts degree from Zhengzhou University, China, in 1985 and is fluent in English and Mandarin.

Robert Lu has over six years of experience in finance and accounting and most recently served as international and regional tax manager for Huawei Technologies Co., Ltd, a global telecommunications provider based in Shenzhen, China. He holds a bachelor's degree in accounting from the Harbin Institute of Technology and is fluent in both English and Mandarin.

"We are very happy to strengthen our financial management team with the appointment of Mr. Wu as Chief Financial Officer and Mr. Lu as Finance Manager," stated Mr. Senshan Yang, Chairman and CEO of China Medicine Corporation. "Given Mr. Wu's track record of success and extensive corporate accounting and financial experience, we believe he will make a significant contribution to our executive team as China Medicine continues to evolve as a public company. Mr. Wu will also allow us to better support our relationship with the investment community as we seek to list our shares on a senior stock exchange." Mr. Yang added, "We would also like to thank Ms. Yu for her continued dedication as she will now serve as Controller of China Medicine and our subsidiaries."

About China Medicin
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SOURCE China Medicine Corporation
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