Hiru Corporation (HIRU)

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News: Jiangxi Shaungshi Pharmaceutical Co. (HIRU) Expands Further Into Aquaculture

NANCHANG, CHINA, Dec 23, 2010 (Marketwire via COMTEX) -- Hiru Corporation (www.hirucorporation.com) launches Jiangxi Fisheries Biology Co. to continue expansion into aquaculture.

Following the news from September, when the company announced signing reservoir lease contract in Nanchang County (http://www.mmdnewswire.com/jiangxi-shaungshi-pharmaceutical-10038.html), the company announces the launch of Jiangxi Fisheries Biology Co. Jiangxi Fisheries Biology Co. was launched with a total investment of 1,000,000 RMB. Jiangxi Shaungshi Pharmaceutical Co. invested 700,000 RMB, in other words, 70% of the total share capital.

HIRU subsidiary Jiangxi Shaungshi Animal Health Products (AHP) Co., operates its subsidiary Jiangxi Ian Van Agricultural Development Corporation, which aided the company to sign the reservoir lease and aids Shuangshi AHP in expansion into animal husbandry and agricultural fields and Jiangxi Fisheries Biology Co. is a direct outcome of these efforts.