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China Yongxin Pharmaceuticals Announces 1-for-12 Reverse Stock Split
Date:5/26/2010

CHANGCHUN, China and LOS ANGELES, May 26 /PRNewswire-Asia/ -- China Yongxin Pharmaceuticals Inc. (OTC Bulletin Board: CYXND) ("the Company"), one of the leading health products distribution and retail sales companies in China, today announced that the Company has filed a Certificate of Amendment to its Articles of Incorporation with the State of Delaware's Secretary of State ("Certificate of Amendment") to effect a reverse stock split with a ratio of 1-for-12, whereby each twelve (12) issued and outstanding shares of the common stock of the Company, par value $0.001 per share ("Common Stock") will be combined into one (1) share of Common Stock ("Reverse Split") with an effective date of May 24, 2010. As described more fully in the Definitive Information Statement filed by the Company with the Securities and Exchange Commission ("SEC") on February 22, 2010, a reverse split of the common stock, with a ratio within a range of 1-for-10 and 1-for-15 (the "Reverse Split Range") and with the exact ratio within the Reverse Split Range to be determined by the Company's Board of Directors (the "Board"), was adopted and approved by written consent of the board of directors and the requisite shareholders on February 8, 2010. On April 28, 2010, the Board adopted and approved a 1-for-12 reverse split ratio within the Reverse Split Range.

Effective May 26, 2010, the Company's common stock commenced trading under a new OTC Bulletin Board trading symbol, "CYXND". The new trading symbol was assigned by Financial Industry Regulatory Authority ("FINRA") in connect
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SOURCE China Yongxin Pharmaceuticals Inc.
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