ROCKY MOUNTAIN (FUZHOU) DRUG CO., LTD. ENTERS EASTERN FUJIAN MARKET
August 30, 2001
Vancouver, Canada - Rocky Mountain Ginseng, Inc.'s (Pink Sheets: RMGS) is pleased to announce that Mr. Chen Zhao Lin, Assistant General Manager of Rocky Mountain (Fuzhou) Drug Co., Ltd., has signed a major distribution agreement with Mr. Xie Zhuo Qang, Manager of the Drug Store Division of The Fuding Drug Co., Ltd. in Fuding city. The company is the largest drug retailer and wholesaler in eastern Fujian province. It owns 20 drug stores located in Fuding, Ning De city, and Fu An city and also has operations in 8 counties. The market population is 512 million and the region is very affluent. The agreement allows Rocky Mountain Ginseng to open retail shops within each drug store.
Preparations are underway to open the first Rocky Mountain Ginseng shop inside the largest drug store in Fuding. Mr. Chen said Rocky Mountain (Fuzhou) Drug Co., Ltd. has already begun shipping products to The Fuding Drug Co. Ltd.
ABOUT ROCKY MOUNTAIN GINSENG, INC.
Rocky Mountain Ginseng, Inc.'s head office is located in British Columbia, Canada. The Company exports American ginseng to its facilities in Fuzhou, China where it manufactures and processes America ginseng products. Rocky Mountain Ginseng, Inc. holds exclusive world processing and distribution rights to several innovative value added ginseng products developed in North America.
Rocky Mountain Ginseng, Inc. purchased a drug manufacturing facility in February 1999, now known as Rocky Mountain (Fuzhou) Drug Co. Ltd. This acquisition included all necessary drug and hygiene licenses allowing the Company to import, export, manufacture and distribute ginseng products in all provinces of China. The company has also recently obtained the right to establish company-owned stores and franchised stores anywhere in China.
The Company currently produces traditional ginseng products for the Chinese Market, which includes selling to its wholesale customers and through its retail stores, with the Chinese factory employing 42 people in processing, sales, accounting and management. Rocky Mountain (Fuzhou) Drug Co. Ltd. is the first wholly owned Canadian Company in the Fujian province.
PMR & Associates, LLC
Pat Rost, 760-942-0015
Rocky Mountain (Fuzhou) Drug Co. Ltd.
Brian A. Hodge, President
(86) 591-379-7969 (phone)
e-mail: email@example.com Website: http://www.RMGGInvestor.com