HARBIN, China, Jan. 17 /Xinhua-PRNewswire-FirstCall/ -- China Yingxia International, Inc. (OTC Bulletin Board: CYXI), a leading provider in the nutraceutical industry by engaging in the development, manufacture and distribution of organic nutritional food products, supplements, and personal care products in China, today announced that it had formally established a wholly-owned Indian subsidiary that will focus on selling and distributing the company's products.
Chairman Jiao Yingxia commented, "We believe there is great potential in the Indian market for our products. Indians are increasingly favoring a healthy 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 we liked what we saw."
"We believe there is particular potential in selling our organic rice products which not only taste good but which studies in China have shown to reduce symptoms of certain diseases such as diabetes. "
"The establishment of a subsidiary in India is just one small step and much work still needs to be done before the Indian market has an impact on sales and earnings. But we have a great product line that appeals not only to Chinese but to people around the world. Currently, we are a still a company selling mostly in Northern China, but we have major ambitions that we are working 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 in the development, production and sales of health food products in China. Yingxia is located in the Province of Heilongjiang in mainland China, and it currently has over 180 employees and 3 agricultural production bases. Yingxia's products include soybean-based foods and drinks, longgu golden millet enriched products, cactus-based herbal supplements, personal care products, Nestle products, and organic rice products.
For more information about China Yingxia International, Inc. (OTC Bulletin Board: CYXI - News), please visit: http://www.ChinaYingXia.com .
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