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Kun Run Biotechnology, Inc. Announces Third Quarter 2009 Results
Date:11/13/2009

(Unaudited) (Audited) LIABILITIES AND STOCKHOLDERS' EQUITY LIABILITIES Current liabilities Trade payables $473,100 $966,937 Other payables and accrued expenses 2,819,643 1,672,500 Dividend payable to Zhonghe's former/ existing noncontrolling stockholders 7,209 7,209 Income tax payable 645,481 655,019 Amount due to a related company -- 936 Secured borrowings 8,985,375 -- Total current liabilities 12,930,808 3,302,601 Deferred taxes 27,097 8,255 Secured borrowings 330,075 6,528,150 TOTAL LIABILITIES 13,287,980 9,839,006 COMMITMENTS AND CONTINGENCIES STOCKHOLDERS' EQUITY Preferred stock: par value of $0.001 per share, authorized 10,000,000 shares in 2009 and 2008; none issued and outstanding -- -- Common stock: par value of $0.001 per share, authorized 100,000,000 shares, issued and outstanding 25,000,000 shares in 2009 and 25,000,000 shares in 2008 25,000 25,000 Additional paid-in capital 8,969,033 8,969,033 Statutory and other reserves 2,820,850 2,820,850 Accumulated other comprehensive income 1,607,518 1,601,345 Retained earnings 10,321,098 5,217,499 TOTAL KUN RUN BIOTECHNOLOGY, INC. STOCKHOLDERS' EQUITY 23,743,499 18,633,727 NONCONTROLLING INTEREST 214,489 169,145 TOTAL EQUITY
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