Jiangxi Shaungshi (HIRU) Invests $450,000 USD in Its Research Institute
2011年1月13日 - 2:38AM
Marketwired
Hiru Corporation (PINK SHEETS: HIRU) (www.hirucorporation.com)
subsidiary Jiangxi Shaungshi AHP announce that the company invested
additional funds to expand company's R&D, and changed the name
of its R&D from Jiangxi Shaungshi Research Institute has
changed its name to Jiangxi Shaungshi Research Center.
Since its inception, Jiangxi Shuangshi R&D has developed a
large number of market-oriented veterinary drugs which have been
well-received by farmers, and the company plan to develop several
new products to introduce to the China's vaccine market. The name
change of Shaungshi Research Institute was necessary to reflect the
company's and institute's recent growth and the additional
investment.
As a main part of this expansion of Jiangxi Shaungshi Research
Center, the company invested additional funds into its R&D
Center, and purchased of new testing equipment and instruments
worth 3 million RMB (Approximately $450,000 USD). Jiangxi Shaungshi
believes that the company's Research Center represents the future
of Jianxi Shuangshi AHP on the Chinese vaccine market, and expects
this investment to return in the form of new research achievements
and development of new, market-oriented veterinary drugs.
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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 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.
Contacts: Hiru Corporation corporate@hirucorporation.com
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