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 Tracking 1258 U.S. listed China Stocks and Counting...
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 Feihe Intl (NYSE:ADY)

Monday, April 30, 2012

BEIJING and LOS ANGELES, April 30, 2012 /PRNewswire-Asia-FirstCall/ -- Feihe International, Inc. (NYSE: ADY; "Feihe International" or the "Company"), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced that the Company paid $16.4 million to Sequoia Capital China Growth Fund I, L.P. and certain of its affiliates (collectively, "Sequoia") in redemption of the final tranche of 656,250 shares (the "Redemption"), pursuant to its redemption agreement with Sequoia.

Mr. Liu Hua, the Company's Vice Chairman and Chief Financial Officer, stated, "We are extremely pleased that we completed the redemption of shares and are confident in our business going forward."