CHANGCHUN, China and LOS ANGELES, July
21 /PRNewswire-Asia/ — China Yongxin Pharmaceuticals Inc.
(OTC Bulletin Board: CYXN) (“China Yongxin” or the “Company”), one
of the leading health products distribution and retail sales
companies in China, today
announced the opening of seven new chain drugstores in July. These
new openings bring the Company’s number of stores to 30 in Changchun City, 31 in Baishan City, and
a total of 110 throughout Northeastern
China. The Company has expedited the pace of store openings
in order to reach its previously announced goal of opening 29
stores in 2010. The Company’s objective is to become one of the top
20 pharmaceutical retail chain enterprises in China.
China Yongxin held grand opening ceremonies in July for all six
new stores in Changchun City,
which is expected to further increase awareness of the China
Yongxin brand in the community. These six locations were chosen for
their strategic locations in high density and high income
residential districts. The Lin He Street store is located on the
beautiful River of Life that runs through Changchun City, also known for its heavy
foot traffic. The Jian Min Street store is located in the “My Home”
district, adjacent to the Royal Emerald Palace upscale community.
The Fei Yue Road store is located in the core of China FAW Group
district, which has a large residential community with a high
population density. The De Chang Road store is located in the
Hongqi Street shopping district, adjacent to the Hospital of Jilin Province. The Chang Da Road and
Cambridge Park stores are located ne
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