Shandong Xinhua Q1 net profit up 45 pct

Three months ended March 31, 2009
 (in million yuan unless stated)

 Shr (yuan)              0.04   vs 0.03
 Net                         18.19  vs 12.55

 Total operating income  605.95 vs 567.13
 Company name            Shandong Xinhua Pharmaceutical Co. Ltd.

NOTE - Shandong Xinhua Pharmaceutical (0719.HK) (000756.SZ) is principally engaged in the development, production and sale of bulk pharmaceuticals, preparations, chemical products and other products. The figures are prepared in accordance with the PRC Accounting Standards ("PRC GAAP").

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