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Re: kuwlness post# 3831

Wednesday, 11/04/2009 2:00:18 PM

Wednesday, November 04, 2009 2:00:18 PM

Post# of 4466
On May 29, 2006, the Company announced that China BioPharma Limited, a wholly owned subsidiary of the Company, has received approval from Zhejiang Provincial government of the Peoples Republic of China for its investment into Zhejiang Tianyuan Bio-Tech Co., Ltd. China BioPharma Limited will invest US$3,900,000 into Zhejiang Tianyuan Bio-Tech Co., Ltd. for 65% of the ownership.

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