SHENZHEN, China, Jan. 20, 2011 /PRNewswire-Asia/ — Winner
Medical Group Inc. (Nasdaq:
WWIN), (“Winner Medical”) a leading manufacturer of medical
dressings, medical disposables and non-woven fabric made from 100%
natural PurCotton® products in China, today announced that one
of its subsidiaries, Huanggang Winner Cotton Co., Ltd., (“Huanggang
Cotton”), was recently awarded a Cotton Processing Certificate by
the State Development and Reform Commission.
This certificate, granted on December 21, 2010 after a rigorous
application and inspection process from the Hubei Provincial
Develop and Reform Commission, the Provincial Fiber Inspection
Bureau in Hubei Province and Hubei Agricultural Development Bank,
allows Huanggang Cotton to obtain a Cotton-Processing Business
License from the Hubei Administration for Industry & Commerce,
which the Company expects to occur by the end of January, 2011.
With that license, Huanggang Cotton will become one of 147
wholesale manufacturers in Hubei Province licensed with a cotton
processing license. Winner currently purchases all of its cotton
from domestic suppliers in Hubei and Xinjiang provinces.
Mr. Jianquan Li, Founder, President and Chief Executive Officer
of Winner Medical commented, “This is an important strategic
milestone for Winner Medical. The ability to process our own cotton
seed will expand our vertically integrated operating process
upstream and will provide us with more stringent quality controls.
By internalizing this process, we expect to substantially increase
the consistency and quality of our processed cotton, reduce our raw
material and production costs and improve our product quality.”
About Winner Medical:Winner Medical is a leading medical
disposable products manufacturer in China, with business operations
consisting of manufacturing, researching, developing and marketing
cotton-based medical dre
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