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Renhuang Begins Trading on NYSE Amex
Date:7/7/2010

on, the listing of our common stock on the NYSE Amex is an important part of our overall future growth strategy as well. I would like to outline some of the ways in which our prospects are enhanced by this milestone event.

    -- First, we are committed to life as a responsible US public company and
       the standards of disclosure, corporate governance and overall
       transparency for companies listed on NYSE AMEX are among the highest if
       not the highest in the world. We welcome the opportunity to comply with
       these standards and believe our compliance will attract new and more
       discerning shareholders to our roster

    -- Second, this large and liquid exchange greatly enhances the prospects
       for buyers of any new shares we may issue of a deeper market for any
       enhanced share count. Since we believe we will have many opportunities
       to put capital to good use in the future through product expansion, new
       product development, product marketing, enhanced R&D and growth by
       acquisition, we believe our listing on the senior exchange is likely to
       lead to a partnership with a wider group of shareholders over time and
       will help broaden our visibility in the U.S. capital markets

"We would also like to take this opportunity to thank all the other stakeholders in the fortunes of Renhuang - our management team, dedicated employees, and loyal customers - for their ongoing support. We believe that this listing enhances their prospects of enjoying further success with us in the future."

ABOUT RENHUANG PHARMACEUTICALS, INC.

Renhuang Pharmaceuticals, Inc. is engaged in the research, development, manufacturing, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines ("TCM"), in the People's Republic of China'/>"/>

SOURCE Renhuang Pharmaceuticals, Inc.
Copyright©2010 PR Newswire.
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