HARBIN, China, Jan. 17 China YingxiaInternational, Inc. (OTC Bulletin Board: CYXI), a leading provider in thenutraceutical industry by engaging in the development, manufacture anddistribution of organic nutritional food products, supplements, and personalcare products in China, today announced that it had formally established awholly-owned Indian subsidiary that will focus on selling and distributing thecompany's products.
Chairman Jiao Yingxia commented, "We believe there is great potential inthe Indian market for our products. Indians are increasingly favoring ahealthy lifestyle and, more and more, they have the income to buy our products.We sent our own team to India in March 2007 to research the potential and weliked what we saw."
"We believe there is particular potential in selling our organic riceproducts which not only taste good but which studies in China have shown toreduce symptoms of certain diseases such as diabetes. "
"The establishment of a subsidiary in India is just one small step andmuch work still needs to be done before the Indian market has an impact onsales and earnings. But we have a great product line that appeals not only toChinese but to people around the world. Currently, we are a still a companyselling mostly in Northern China, but we have major ambitions that we areworking hard to execute."
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 in mainland China, and itcurrently has over 180 employees and 3 agricultural production bases.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.
For more information about China Yingxia International, Inc. (OTC BulletinBoard: CYXI), please visit: http://www.ChinaYingXia.com .
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" or thenegative thereof or other variations thereon or comparable terminology, or bydiscussions of strategy that involve risks and uncertainties. In particular,our statements regarding the potential growth of the markets are examples ofsuch forward-looking statements. The forward-looking statements include risksand uncertainties, including but not limited to, general economic conditionsand regulatory developments, not within our control. The factors discussedherein and expressed from time to time in our filings with the Securities andExchange Commission could cause actual results and developments to bematerially different from those expressed or implied by such statements. Theforward-looking statements are made only as of the date of this filing, and weundertake no obligation to publicly update such forward-looking statements toreflect subsequent events or circumstances.For more information, please contact: China Yingxia International, Inc. Joe Levinson Tel: +1-989-785-0208
SOURCE China Yingxia International, Inc.