Renhuang Pharmaceuticals, Inc, 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 108th China Import and Export Fair ("the 108th Canton Fair") recently held in Guangzhou, China.
A total of 199,266 overseas buyers from 208 countries and regions around the world attended the 108th Canton Fair. The numbers of buyers among the top five countries are: Hong Kong SAR with 26,691, the United States with 11,650, Taiwan Province with 8686, Iran with 6,786, and Russia with 6,549 buyers. Renhuang exhibited its leading range of all-natural Siberian Ginseng products, which have proven benefits to alleviate symptoms of depression with none of the side effects associated with harsh chemical-based treatments. The Company also showcased its recently introduced Ginseng and Deer Antler Extract, which has proven benefits in treating kidney and blood disorders, improving physical recovery, promoting longevity and improving male physical vitality. At the 108th Canton Fair, Renhuang attracted over 1,000 foreign and domestic visitors at its booth, and signed an aggregate of over RMB three million (or $0.45 million) in letters of intent from more than 10 prospective distributors.
"Our products exhibited at the 108th Canton Fair received an overwhelming response and interest from both domestic and international buyers," said Mr. Shaoming Li, Chairman and Chief Executive Officer of Renhuang. "Our participation at these events and fairs comprises an important component of our overall marketing and growth strategy. We continue to focus on spreading awareness and education of our distinguished product offering and these fairs present an outstanding opportunity to showcase our products to an international audience. We anticipate continued sales growth from China and will also focus on expanding into export opportunities."
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