HAINAN, China, April 14 /Xinhua-PRNewswire-FirstCall/ -- Shiner International, Inc. (Nasdaq: BEST), an emerging global leader in the
anti-counterfeiting and advanced packaging industry, today announced that it has been certified as a Nationally-Focused Advanced High Technology Enterprise under the PRC's State Torch Program.
The State Torch Plan was established by the Ministry of Science and Technology of the PRC in 1998 as an extension of its economic policy to promote the development and application of science- and technology-focused companies in China. In 2007, the Ministry of Science and Technology certified 1,129 enterprises country-wide. Shiner International was one of only four Hainan province-based companies to receive this certification.
"We are honored that the State Torch Plan would recognize our efforts as a science and technology company, and we are further pleased to be one of only four Hainan province-based companies to be awarded this certification," said Mr. Jian Fu, CEO of Shiner International. "This certification is a tribute to our efforts in product innovation and development as we continue to focus our business on being a global market leader, bringing the next generation of advanced packaging products to our growing roster of blue chip customers."
About Shiner International, Inc.
Shiner International ( http://www.shinerinc.com ) is a U.S. corporation that has its primary operations in China. Headquartered in the city of Haikou - China's "Hawaii" - Shiner's products include coated packaging film,
shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color-printed packaging materials. Approximately 60% of Shiner's current customers are located in China, with the remainder spanning Southeast Asia, Europe, the Middle East and North America. Shiner holds 14 patents on products and production equipment, and has additional patent applications pending. The Company's coated films meet the approval of U.S. FDA requirements, as well as those required for food packaging sold in the EU. Shiner's product manufacturing process is certified under ISO 9001:2000.
Safe Harbor Statement
All statements in this press release that are not historical are
forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Shiner International, Inc.'s current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Shiner's filings with the Securities and Exchange Commission.
For more information, please contact:
Company Contact:
Shiner International, Inc.
Ms. Maggie DanDan Xing
Tel: +86-138-7668-7688
Email: info@shinerinc.com
Investor Relations & Media Contact:
Lambert, Edwards & Associates
Noel Ryan, Patrick Kane
Tel: +1-616-233-0500
Email: nryan@lambert-edwards.com
