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The Company  is principally engaged in developing, manufacturing and distributing health and nutritional supplements in China, in compliance with Chinese requisite licenses and approvals. The Company also expands its business scope to develop, manufacture and distribute Chinese herbal extract products and GMP certified western prescriptive medicine through the acquisition with Tianfang by Heilongjiang Weikang.

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whitetiger 07-Apr-2011 09:12 AM
Post Type: Public Public
Hello Gary.. Thanks for Chiming in. You are right that the that an SAT / SEC filings match is mo (#9019) In Response to original message: #9015 posted by ChinaStockPicker on 14-Jan-2011 03:01 PM

Hello Gary.. Thanks for Chiming in. You are right that the that an SAT / SEC filings match is more significant than an SAIC and SEC match  (at least for now. I will have more input once i pull filings on more tier one IPOs).  But it certainly is a fact that the SAT and SAIC do perform joint inspections using the same annual financial statements when we are dealing with an FIE.  Thus, the SAIC should = SAT, which in fact has been the case for every FIE for which I have both SAIC and SAT filings. Now going forward, i think companies will find ways to circumvent this process..

Maj

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