NANCHANG, Jiangxi China, June
1 /PRNewswire-FirstCall/ - Hiru Corporation (HIRU;
http://www.hirucorporation.com/) is pleased to announce the
completion of a merger with Jiangxi Chuangdao Animal Health
Products Co., a China-based animal
health product company.
This announcement relates to the the press release on
April 28 indicating that HIRU
Corporation was divesting China
based subsidiary Jiangxi RongYu Pharmaceutical Group, Inc.
Founded in 2000 in Nanchang,
Jiangxi China Shuang Shi Animal Health Products Co., Ltd and
Chuangdao Animal Health Products Co., Ltd (Jiangxi Animals Health
Product Co Group) are amalgamated operations that specialize in
research, development, and the production of animal health
products. The specific focuses of the companies include feed
additives, disinfectants, injections, powder/premix and six
production lines of seven dosage forms. The company employs 268
people, including a team of highly qualified veterinary and
pharmaceutical experts. In 2005, the company acquired a Good
Manufacturing Practice (GMP) Certificate.
Animal Health Products Co. has ambitious long term plans. In
addition to its current offerings, the company hopes to expand
research and development and to introduce several new veterinary
drugs to the Chinese market. Jiangxi Chuangdao Animals Health
Product Co., Ltd. expects to realize an annual sales income of
227 million RMB (over $33 million USD), with average annual profits of
66.5548 million RMB (over
$9.5 million USD).
The company reminds its shareholders and followers to monitor
PinkSheets.com Filing section and also our IR company web site
section "PRESS RELEASES AND FILINGS" TAB
http://www.minamargroup.net/ for non newsworthy corporate
updates.
For any matters relating to retail investor queries or to send
the company or its IR a message please click on the "INVESTOR
SUPPORT" TAB, or the direct link
http://www.minamargroup.net/helpdesk. In this regard, Mina Mar
Group works diligently to answer and address all the pressing
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Filings for this event are currently being reviewed and will be
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Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Hiru
Corporation that constitute forward-looking statements for purposes
of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. Hiru Corporation cautions you that any
forward-looking information provided by or on behalf of Hiru
Corporation is not a guarantee of future performance. None of the
information in this press release constitutes or is intended as an
offer to sell securities or investment advice of any kind. Hiru
Corporation's actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond Hiru
Corporation's control. In addition to those discussed in Hiru
Corporation's press releases, public filings, and statements by
Hiru Corporation's management, including, but not limited to, Hiru
Corporation's estimate of the sufficiency of its existing capital
resources, Hiru Corporation's ability to raise additional capital
to fund future operations, Hiru Corporation's ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match Hiru
Corporation's capability to be awarded contracts. All such
forward-looking statements are current only as of the date on which
such statements were made. Hiru Corporation does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
CONTACT: Hiru Corporation,
www.minamargroup.net/helpdesk
SOURCE Hiru Corporation