Renhuang Pharmaceuticals Exhibits All-Natural Products at the 107th China Import and Export Fair
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.