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China Yingxia International, Inc. Announces Record Fourth Quarter and Year 2007 Results
Date:3/31/2008

penses and other payables (202,489) (297,963)

Cash provided by (used in) operating

activities (1,225,372) 8,424,577

Cash Flows From Investing Activities:

Purchase of property and equipment (290,126) (1,937,126)

Purchase of patent (362,040) (300,081)

Investment Advance (4,112,631)

Advance to affiliate - (2,764,599)

Short term loan (2,194,774) -

Deposits on buildings and land (1,718,077) -

Collections on loans to related party 534,979 -

Additions to construction in process - (3,798,973)

Cash used in investing activities (8,142,669) (8,800,779)

Cash Flows From Financing Activities:

Net proceeds from issuance of common

stock 9,272,876 -

Payment of notes payable - (210,652)

Cash provided by (used in) financing

activities 9,272,876 (210,652)

Effect of exchange rate changes on

cash and cash equivalents 753,982 629,818

Increase in cash and cash equivalents 658,816 42,964

Cash and Cash Equivalents - Beginning

of year 77,867 34,903

Cash and Cash Equivalents - End of

year $736,683 $77,867

Supplemental disclosures of cash flow information:

1 Interest paid $- $-

2 Income Taxes paid $- $-

NON-CASH INVESTING AND FINANCING

ACTIVITIES:

Common st
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SOURCE China Yingxia International, Inc.
Copyright©2008 PR Newswire.
All rights reserved

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