SHANGHAI, Aug. 31 /PRNewswire-Asia-FirstCall/ -- China-Biotics, Inc. ("China-Biotics," the "Company") (Nasdaq: CHBT), a leading developer, manufacturer and distributor of probiotics products in China, today announced that the Company will host an Investor Day on Monday, September 20, 2010, in Shanghai. Members of China-Biotics' management team will present the Company's strategic goals, product developments, and key milestones. A Question & Answer session will follow the presentation. Participating China-Biotics executives include Mr. Jinan Song, Chairman and Chief Executive Officer, Ms. Eva Yan, Chief Administration Officer, Mr. Travis Cai, Chief Financial Officer, and Mr. Raymond Li, Vice President of Finance. Some of China-Biotics' key customers and distributors will also attend the event.
Following the conclusion of the presentation, management will organize a facility tour to the Company's bulk additives facility in the Qingpu Industrial Zone as well as a tour visiting China-Biotics' retail stores in the Shanghai area. For details regarding the Company's retail operations, please visit the Company's website at http://www.chn-biotics.com.
Mr. Jinan Song, Chairman and Chief Executive Officer of China-Biotics, commented, "With the strong growth momentum, we are attracting more and more valuable long-term investors. We feel the needs to make our investors better understand our business model and development strategy. As we are shifting our focus to highly scalable bulk business by increasing institutional customers in dairy and animal feed markets, we also continue to streamline our store operations and improve retail sales efficiency by signing larger distributors and increasing on-line sales. We look forward to the Investor Day to showcase our full operation."
Participation in the Investor Day is by reservation only. All interested parties please RVSP with Shiwei Yin at +1 (646) 284-9474 or firstname.lastname@example.org.
China-Biotics, Inc. ("China-Biotics," the "Company"), a leading manufacturer of biotechnology products and supplements, engages in the research, development, marketing and distribution of probiotics dietary supplements in China. Through its wholly owned subsidiary, Shanghai Shining Biotechnology Co., Ltd., the Company develops and produces its proprietary product portfolio, including live microbial nutritional supplements under the "Shining" brand. Currently, the products are sold OTC through large distributors to pharmacies and supermarkets in Shanghai, Jiangsu, and Zhejiang province. In February 2010, China-Biotics began its commercial production in China's largest probiotics production facility to meet growing demand in China. For more information, please visit http://www.chn-biotics.com .
Safe Harbor Statement
The information in this release contains forward-looking statements which involve risks and uncertainties, including statements regarding the Company's capital needs, business strategy and expectations. Any statements contained herein that are not statements of historical fact may be deemed to be forward-looking statements, which may be identified by terminology such as "may," "should," "will," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," "forecast," "project," "continue," or the negative of such terms or other comparable terminology. Readers should not rely on forward-looking statements as predictions of future events or results. Any or all of the Company's forward-looking statements may turn out to be wrong. They can be affected by inaccurate assumptions, risks and uncertainties and other factors which could cause actual events or results to be materially different from those expressed or implied in the forward-looking statements. In evaluating these statements, readers should consider various factors, including the risks described in "Item 1A. Risk Factors" beginning on page 17 and elsewhere in the Company's 2010 Annual Report on Form 10-K. These factors may cause the Company's actual results to differ materially from any forward-looking statement. In addition, new factors emerge from time to time and it is not possible for the Company to predict all factors that may cause actual results to differ materially from those contained in any forward-looking statements. The Company disclaims any obligation to publicly update any forward-looking statements to reflect events or circumstances after the date of this document, except as required by applicable law.
For more information, please contact: Travis Cai Chief Financial Officer China-Biotics, Inc. Email: email@example.com Shiwei Yin/Kevin Theiss Grayling Phone: +1-646-284-9474 Email: firstname.lastname@example.org email@example.com
|SOURCE China-Biotics, Inc.|
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