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China Shenghuo Reports Unaudited Financial Results for the First Quarter of 2009
Date:5/15/2009

e in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

    For more information, please contact:

    China Shenghuo Pharmaceutical Holdings, Inc.
     Mr. Changhua Mu
     Securities Affairs Representative
     Email: c.mu@chinashenghuo.net

    Grayling
     Eddie Cheung
     Investor Relations
     Tel:   +1-646-284-9414
     Email: eddie.cheung@us.grayling.com



                    China Shenghuo Pharmaceutical Holdings, Inc.
                       Condensed Consolidated Balance Sheets
                                    (Unaudited)

                                                      March 31,  December 31,
                                                          2009          2008
    ASSETS:
    Current Assets:
    Cash and cash equivalents                         $908,596    $1,612,054
    Accounts and notes receivable, less
     allowance for doubtful
    accounts of $4,949,009 and $4,834,745,
     respectively                                   10,490,378     9,108,703
    Sales representative advances, less
     allowance for doubtful
    accounts of $3,026,086 and $2,955,516,
     respectively                                    7,453,244     8,637,653
    Advances to suppliers                              508,627       446,168
    Inventory, net of reserve for obsolescence
     of $148,163 and
    $147,978, respectively                           3,784,385     4,287,462
    Other current assets                                31,714        41,177
    Total Current Assets                            23,176,944    24,133,217
    Property, plant and equipment, net of
     accumulated
  
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SOURCE  China Shenghuo Pharmaceutical Holdings, Inc.
Copyright©2009 PR Newswire.
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