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FINRA Confirms China BCT's Corporate Name Change
Date:7/27/2010

LIUZHOU CITY, China, July 27 /PRNewswire-Asia-FirstCall/ -- China BCT Pharmacy Group, Inc., (OTC Bulletin Board: CNBI), ("China BCT" or the "Company"), a leading pharmaceutical distributor, retail pharmacy, and manufacturer of pharmaceutical products in Guangxi Province, China, today announced that the Financial Industry Regulatory Authority (FINRA) confirmed the Company's new corporate name, China BCT Pharmacy Group, Inc., effective July 22, 2010.

China BCT's former name was China Baicaotang Medicine Limited. There are no other changes to the Company's corporate structure, management team or business operations. China BCT will continue to be quoted on the Over the Counter Bulletin Board under the ticker symbol "CNBI."

"We believe that our new corporate name more clearly reflects our core business which integrates pharmaceutical distribution, pharmacy retailing, and pharmaceutical manufacturing. It is also simpler for customers and investors to recognize," commented Mr. Hui Tian Tang, Chairman and Chief Executive Officer of China BCT.

About China BCT

China BCT is engaged in pharmaceutical distribution, pharmacy retailing, and the manufacture of pharmaceuticals products through its subsidiaries Guangxi Liuzhou Baicaotang Medicine Limited, Hefeng Pharmaceutical Co. Limited, and Guangxi Liuzhou Baicaotang Medicine Retail Limited in Guangxi province, China. It operates a large regional retail network in Guangxi province, consisting of 125 directly owned retail stores in

SOURCE China BCT Pharmacy Group, Inc.
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