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 Tracking 1052 U.S. listed China Stocks and Counting...
 Tracking 1536 U.S. Stocks and Counting...

China Yongxin Pharmaceuticals, Inc. was founded in 1993 as the Changchun Yongxin Dirui Medical Co., Ltd. (Yongxin), a wholesale drug distributor. Its products include Chinese traditional medicines, pharmaceutical preparations, natural health products, health food, cosmetics, and medical equipment. It began retail operations in 2004, and in 2005, it gained franchise rights from one of the world's largest drug chains for China's Jilin Province. By the end of 2007, the Company had become one of the fastest growing pharmaceutical companies in China through its retail chain of 93 drug outlets as well as wholesale distribution and manufacturing operations in Northeastern China.

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Sticky7715 Addfavorites CYXN
 

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Public2467 Addfavorites CYXN
 

Yesterday this company offered shares at $ 0.20 per share, whilst its EPS for 2009 was $0.15!

Does anybody know if this is due to a former agreement when it was trading significantly lower and if so, when this company will negotiate better terms?

Xantu.

 

PS. I'm still LONG, this stock is too cheap to ignore!

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