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Mr. Hu assumed responsibility as the Company's CFO on June 11, 2008 andwill report directly to Ms. Yingxia Jiao, CEO of China Yingxia. Mr. Hu willbe responsible for overseeing the Company's overall financial planning,control and reporting activities, SEC compliance, audit and investor relations.Mr. Hu has over 25 years of experience in business and finance, with expertiseon Wall Street. Prior to joining China Yingxia, Mr. Hu worked as a vicepresident of finance at China Kangtai Cactus Bio-Tech, Inc. (OTCBB: CKGT),from June 2006 to June 2008, where he was in charge of North Americanoperations, namely timely filing of SEC reports, investor relations, andcapital raising. In addition, Mr. Hu worked as the vice president for PhoenixForest, LLC., the US investment banking arm of Lin Feng Group, in 2005,executing a reverse merger transaction for a China based power plant, and asthe president for China Finance, Inc. (OTCBB: CHFI) in 2004, overseeinginvestor relations.
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Mr. Hu also has extensive brokerage house and hedge fund management andtrading experiences and has/had FINRA (formerly NASD) securities licenses S7,S55 and S63. Mr. Hu received his MBA from London Business School in 1989 andMS in finance from Florida International University in 1994. He is currentlyan ABD (all-but-dissertation doctoral candidate) in international business atRutgers University.
"We are very pleased to have Mr. Hu join China Yingxia as our chieffinancial officer," said Ms. Yingxia Jiao, CEO of China Yingxia. "Mr. Hu'sprior experience working at one of our peer company's and a Chinahybrid, helpshim in moving China Yingxia forward as well as helps our firm in its financialoversight and reporting capabilities," added Ms. Jiao.
"I am excited to join China Yingxia and look forward to working closelywith Ms. Jiao and the rest of the team in accomplishing the Company'sfinancial goals," commented Mr. Hu. "In addition, I look forward to workingclosely with the investment community in communicating the Company'sfinancials."
About China Yingxia International, Inc.
China Yingxia International, Inc., through its 100%-owned subsidiary,Harbin Yingxia Industrial Group Co., Ltd. ('Yingxia'), is primarily engaged inthe development, production and sales of health food products in China.Yingxia is located in the Province of Heilongjiang, Peoples Republic of China.Yingxia's products include soybean-based foods and drinks, longgu goldenmillet enriched products, cactus-based herbal supplements, personal careproducts, Nestle products, and organic rice products.
Safe Harbor Statement
The statements contained herein that are not historical facts are'forward-looking statements' within the meaning of Section 21E of theSecurities and Exchange Act of 1934, as amended, and the Private SecuritiesLitigation Reform Act of 1995. Such forward-looking statements may beidentified by, among other things, the use of forward-looking terminology suchas 'believes,' 'expects,' 'may,' 'will,' 'should,' or 'anticipates,' vexpect'or the negative thereof or other variations thereon or comparable terminology,or by discussions of strategy that involve risks and uncertainties. Inparticular, our statements regarding the potential growth of the markets orforecasting financial results are examples of such forward-looking statements.The forward-looking statements include risks and uncertainties, including butnot limited to, general econ
