BETHESDA, Md., Dec. 24 /Xinhua-PRNewswire/ -- Chindex International, Inc. (Nasdaq: CHDX), an independent American provider of Western healthcare services and products in the People's Republic of China, announced today it has received approval from NASDAQ for the listing of its common stock on the NASDAQ Global Market. Transfer of the listing from the NASDAQ Capital Market to the NASDAQ Global Market has been completed and trading will commence today. The Company's common stock will continue to trade under the symbol "CHDX."
"The transfer to the NASDAQ Global Market reflects our ongoing commitment to our shareholders to provide better liquidity and increased visibility through inclusion in the NASDAQ Global Market Composite Index and the stock tables of The Wall Street Journal. We are pleased that the growth in our company allows us to meet the higher standards required by the NASDAQ Global Market," said Roberta Lipson, CEO of Chindex International, Inc.
About Chindex International, Inc.
Chindex is an American healthcare company that provides healthcare services and supplies medical capital equipment, instrumentation and products to the Chinese marketplace, including Hong Kong. It provides healthcare services through the operations of its United Family Hospitals and Clinics, a network of private primary care hospitals and affiliated ambulatory clinics in China. The Company's hospital network currently operates five facilities in the Beijing and Shanghai metropolitan areas. The Company sells medical products manufactured by various major multinational companies, including Siemens AG, which is the Company's exclusive distribution partner for the sale and servicing of color doppler ultrasound systems. It also arranges financing packages for the supply of medical products to hospitals in China utilizing the export loan and loan guarantee programs of both the U.S. Export-Import Bank and the German KfW Development Bank. With twenty-five years of experience, more than 1,000 employees, and operations in China, Hong Kong, the United States and Germany, the Company's strategy is to expand its cross-cultural reach by providing leading edge healthcare technologies, quality products and services to Greater China's professional communities. Further company information may be found at the Company's websites, http://www.chindex.com and http://www.unitedfamilyhospitals.com .
Statements made in this press release relating to plans, strategies, objectives, economic performance and trends and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act").
Forward-looking information is inherently subject to risks and
uncertainties, and actual results could differ materially from those
currently anticipated due to a number of factors, which include, but are
not limited to, the terms, conditions, covenants, requirements and
limitations set forth in the documents relating to the above financing,
risks and uncertainties relating to the development to completion of the
proposed two new and/or expanded hospital facilities on budget if at all
and factors set forth under the heading "Risk Factors" in our annual report
on Form 10-K for the year ended March 31, 2007, updates and additions to
those "Risk Factors" in our interim reports on Form 10-Q and in other
documents filed by us with the Securities and Exchange Commission from time
to time. Forward-looking statements may be identified by terms such as
"may", "will", "should", "could", "expects", "plans", "intends",
"anticipates", "believes", "estimates", "predicts", "forecasts",
"potential", or "continue" or similar terms or the negative of these terms.
Although we believe that the expectations reflected in the forward-looking
statements are reasonable, we cannot guarantee future results, levels of
activity, performance or achievements. We have no obligation to update
these forward-looking statements
For more information, please contact:
Judy Zakreski or Lawrence Pemble
|SOURCE Chindex International, Inc.|
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