h 22 in Guangdong province, where the Company's headquarters is located, 10 in Beijing, three in Shanghai and two in Hong Kong. From April 1, 2011 to now, three stores were closed due to unsatisfactory performance. Since launching the customer membership system in our self-operated stores in China in November 2010, approximately 19,000 customer memberships have been recorded. Winner Medical is selling its PurCotton® consumer products online via Taobao.com and its Business-to-Consumer (B2C) online store. In addition, the Company recently started launching products into mid and high-end supermarkets in Shenzhen. PurCotton® products have been receiving positive feedback since launched.
Fiscal Year 2011 GuidanceWinner Medical has increased its forecast of total revenues for fiscal year 2011 to be in the range of $144 million to $152 million, representing a 25%-32% year-over-year increase.
Conference CallWinner Medical's senior management will host a conference call to discuss its third quarter fiscal year 2011 results and recent business developments.Date of the conference call:
Wednesday, August 10, 2011Time:
08:30 a.m. EDTDial-in Number:
+1-866-730-5762 (US Toll Free)10-800-130-0399 (China Telecom)10-800-852-1490 (China Netcom)400-881-1630 (For China Mobile Users)800-96-3844 (Hong Kong Toll Free) +1- 857-350-1586 (International)Pass code:
18010906A telephone replay will be available shortly after the conclusion of the call and will be accessible from August 10, 2011 at 11:30 a.m. to August 17, 2011 by calling 1-888-286-8010 (US) or 1-617-801-6888 (International) with passcode 90730308.
The earnings release will be available on the investor relations page of Winner Medical's website at http://winnermedical.investorroom.com/ on Thursday, August 11, 2011.
About Winner Medical:Winner Medical is a leading medical disposable products manufacture
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|SOURCE Winner Medical Group Inc.|
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