China Health Resource, Inc. Secures Warehouse Space for Increased Angelica Storage PDF
China Health Resource, Inc. obtains upscale modern warehouse to ensure adequate market supply for increased Angelica production storage
Sichuan, PRC – June 26, 2011 – China Health Resource, Inc. (OTCBB: CHRI) is a leading Chinese pharmaceutical company specializing in producing, processing, and commercializing Dahurian Angelica Root (DAR). Today, CHRI announced that the company has secured a large warehouse in Chuanshan District, in Suining City, in order to meet the growing market demands for increased DAR production. Covering 625 square meters, the new warehouse will ensure adequate market supply for storing high-quality DAR, which CHRI is widely known for.
CHRI has become a solid leader in DAR production in Sichuan Province, enticing many pharmaceutical companies to establish long-term agreements with the company for their ample supply of DAR. As a result, CHRI has secured two consecutive Letters of Intent to increase the purchase quantity of DAR with reputable leading enterprises within the pharmaceutical industry; Sichuan Zhiyuan Aquarious Pharmacy Co., Ltd and Chengdu Longevity Church Business Co., Ltd.
“The Company’s growth opportunities are tremendous, and we are pleased to expand our current facility to cater to the rising demand for DAR,” stated Jiayin Wang, CEO, CHRI.
The modern, upscale warehouse, selected by CHRI, covers 625 square meters and is located in Chuanshan District in Suining City. With the additional 520 square meters the company currently uses for DAR storage, capacity will reach 2,800 tons, valuing at 50 million yuan.
Additional information about China Health Resource, Inc. can be found by visiting http://ChinaHealthResource.com.
About CHRI
China Health Resource, Inc. (CHRI) engages in the development, manufacturing, processing, marketing, and sale of Dahurian Angelica Root (DAR) and related products in the People’s Republic of China. DAR, which is also known as “Bai Zhi” in Mandarin Chinese, is an herb that is employed as an ingredient in medicine, cosmetics and food, as well as used in TCM for the treatment of pain, swelling and pustule. The company’s DAR-related products include the Bailing Capsule, Yisheng Capsule, Kimchee-Mate and Fragrant Bag, all of which are sold through regional distributors. The company was founded in 2001 and is based in Suining.