China-Biotics, Inc. ("China-Biotics," the "Company") (CHBT 12.87, +0.84, +6.98%) , a leading developer, manufacturer and distributor of probiotics products in China, has announced that the Company will host an Investor Day on Monday, September 20, 2010, in Shanghai. Members of China-Biotics' management team will present the Company's strategic goals, product developments, and key milestones. A Question & Answer session will follow the presentation. Participating China-Biotics executives include Mr. Jinan Song, Chairman and Chief Executive Officer, Ms. Eva Yan, Chief Administration Officer, Mr. Travis Cai, Chief Financial Officer, and Mr. Raymond Li, Vice President of Finance. Some of China-Biotics' key customers and distributors will also attend the event.
Following the conclusion of the presentation, management will organize a facility tour to the Company's bulk additives facility in the Qingpu Industrial Zone as well as a tour visiting China-Biotics' retail stores in the Shanghai area. For details regarding the Company's retail operations, please visit the Company's website at http://www.chn-biotics.com.
Mr. Jinan Song, Chairman and Chief Executive Officer of China-Biotics, commented, "With the strong growth momentum, we are attracting more and more valuable long-term investors. We feel the needs to make our investors better understand our business model and development strategy. As we are shifting our focus to highly scalable bulk business by increasing institutional customers in dairy and animal feed markets, we also continue to streamline our store operations and improve retail sales efficiency by signing larger distributors and increasing on-line sales. We look forward to the Investor Day to showcase our full operation."
Participation in the Investor Day is by reservation only. All interested parties please RVSP with Shiwei Yin at +1 (646) 284-9474 or [email protected]
China-Biotics, Inc. ("China-Biotics," the "Company"), a leading manufacturer of biotechnology products and supplements, engages in the research, development, marketing and distribution of probiotics dietary supplements in China. Through its wholly owned subsidiary, Shanghai Shining Biotechnology Co., Ltd., the Company develops and produces its proprietary product portfolio, including live microbial nutritional supplements under the "Shining" brand. Currently, the products are sold OTC through large distributors to pharmacies and supermarkets in Shanghai, Jiangsu, and Zhejiang province. In February 2010, China-Biotics began its commercial production in China's largest probiotics production facility to meet growing demand in China. For more information, please visit http://www.chn-biotics.com .