HARBIN, China, April 14 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia International, Inc. (OTC Bulletin Board: CYXI) ("China Yingxia" or "the Company"), leading provider in the nutraceutical industry engaged in the development, manufacture and distribution of organic nutritional food products, supplements, and personal care products in the People's Republic of China ("PRC"), today announced that it has retained CCG Elite to design and execute its investor relations campaign.
"We look forward to improving our communication with investors and are pleased to collaborate with CCG Elite to increase our visibility both in the investment community and with the financial media," said Ms. Yingxia Jiao, Chief Executive Officer of China Yingxia.
China Yingxia, through its wholly-owned subsidiary, Harbin Yingxia, is engaged in the development, production and sale of health food products, including soybean meals and drinks, cactus based foods, rice products, and beauty cosmetics. China Yingxia's principle products and services are divided into five categories and include nutritional food products, dietary supplements, cosmetic products, raw cactus plants, personal care products and others. The Company has approximately 235 SKUs and produces approximately 64% of its products in house. The remaining products are purchased wholesale and resold or manufactured by third-party contracted companies, including Nestle. The Company sells its products through franchised retail outlets and regional distribution centers in the PRC.
Currently there are over 3,000 health food companies in China with
total annual production over $6.2 billion. 1.45% of these companies have
capital over $12.5 million, 38% are mid-sized companies with capital
between $6.2 and $12.5 million, 48.05% with capital between $12,500 and
$6.2 million and the remaining 12.5% are workshop style companies with
capital less than $12,500. These statistics show that the majority of
Chinese health fo
|SOURCE China Yingxia International, Inc.|
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