SUINING, China, Nov. 12 On 29 October 2007,representatives from the Korean Medicine Association traveled to Suining,China, to visit China Health Resource, Inc. (OTC Bulletin Board: CHRI) and itsChuan DAR. This is their second visit since 31 July 2007. Wu Jinzhen, vice-president of the Korean Medicine Import-Export Association, believes that GAPChuan DAR has great commercial value and market potential. In September 2007,the Association sent a letter to CHRI, in which the Korean pharmacies andtraders including Korea's biggest pharmacy, Chong Kun Dang, expressed theirstrong desire to buy DAR from CHRI. CHRI will hold a Business Promotion Talkfor Suining Chuan DAR in Korea in 2008.
According to data from the Korean Medicine Association, the demand fortop-quality DAR in Korean is about 800 tons annually. At present, the marketprice for top-quality DAR in the Korean market is about $12.5/kg. TheBusiness Promotion Talk for Suining Chuan DAR that is to be held in Korealater is expected to bring CHRI orders of $10.8 million.
About the Company
China Health Resource, Inc. (CHRI) was incorporated on April 24, 2001. Itis one of China's leading industrialized agricultural corporations. CHRI hasfocused on the production and further processing of Dahurian Angelica Root(DAR), a herb that is widely used in China, and considered to be an importantingredient in traditional Chinese medicines. CHRI's business plan includesdistributing DAR and the processed products to exploit a large market in theareas of treatment of pain, swelling and pustule. And Good AgriculturalPractice (GAP) is a national compulsory criterion for food and drug industries.The goal of GAP is to help agricultural product companies deal with the usualmicro-organism harm so as to strengthen the agricultural product safety. CHRIhas accomplished the GAP certification of Chuan DAR, making the DAR productsand related production technology of the Company become the industry criteria.
Statements regarding financial matters in this press release other thanhistorical facts are 'forward-looking statements' within the meaning ofsection 27A of the Securities Act of 1933, Section 21E of the SecuritiesExchange Act of 1934, and as that term is defined in the Private SecuritiesLitigation Reform Act of 1995. The company intends that such proclamationsabout future expectations, including future revenues and earnings and allother forward-looking statements be subject to the safe harbors createdthereby. CHRI depends on outside resources to maintain its continuation.Since these statements involve risks and uncertainties and are subject tochange at any time, the company's actual results may differ materially fromexpected results.For more information, please contact: China Health Resource, Inc. Tel: +86-825-239-1788 343 Suining Zhong Road, Suining, Sichuan, P.R.China Web Site: http://www.chinahealthresources.com
SOURCE China Health Resource, Inc.