HARBIN, China, May 20 /PRNewswire-Asia-FirstCall/ —
Renhuang Pharmaceuticals, Inc. (Pink Sheets: RHGP) (“Renhuang” or
the “Company”), a developer, manufacturer and distributor of
botanical products, bio-pharmaceuticals and traditional Chinese
medicines (“TCM”), today announced that the Company successfully
exhibited its unique portfolio of natural products at the 107th
China Import and Export Fair (“the Canton Fair”) held in Guangzhou, China from May 1 to May 5, 2010.
This year’s Canton Fair was well attended by many overseas
distributors, with participation reaching levels not seen since the
onset of the global economic slowdown. Over 20,000 overseas
distributors from more than 200 countries and regions around the
world attended the Canton Fair. Total export sales at the 107th
Canton Fair exceeded $34.0 billion,
up 12.6% from autumn 2009.
Renhuang showcased its Siberian Ginseng (Acanthopanax) products,
which have well-documented benefits for treating depression and
anxiety without the side effects often associated with
chemical-based drugs. Also featured at the Canton Fair was the
Company’s Shengmai Granules, a leading TCM product for the
treatment of hormonal complications in women. These two product
lines in particular generated significant interest among
international distributors, which may create cooperative
opportunities over time.
“Participation at the 107th Canton Fair provided Renhuang with a
great platform to exhibit our innovative, all-natural medicines to
many distributors from around the world. We continue to seek export
opportunities to enhance our growth prospects while strengthening
our leadership in the domestic market,” said Mr.