SUINING CITY, China, April 17 /Xinhua-PRNewswire/ -- Recently, Suining Yinfa DAR Industrial Co., Ltd. (DAR Industrial), a subsidiary of Voice Diary Inc. (OTC Bulletin Board: VCDY), one of the leading industrialized agricultural corporations in China, signed year 2007 to 2012 DAR sale and process contract with Chengdu Derentang Pharmaceutical Ltd. (Derentang), the largest Chinese pharmaceutical company in Sichuan province with more than 600 medicine chain stores throughout China. According to the contract Derentang will purchase large amounts of DAR from DAR Industrial to process and sell. Both companies anticipate that the cooperation between DAR Industrial and Derentang could help to extend the Chinese DAR markets through this mutually beneficial agreement. The contract is expected to bring in DAR Industrial gross revenue of more than USD700, 000 in 2007, an increase of more than 150% over that of last year.
Pursuant to the contract, Derentang will be the exclusive agent of DAR Industrial on DAR primary product processing on condition that Derentang purchases no less than 200 tons of DAR raw materials annually from DAR Industrial. Derentang agrees to sell DAR raw material, DAR primary product of DAR Industrial’s in its 600+ medicine chain stores in China.
About Suining Yinfa DAR Industrial Co., Ltd.
Suining Yinfa DAR Industrial Co., Ltd. (DAR Industrial), a subsidiary of Voice Diary Inc. (VCDY), was incorporated on April 24, 2001. It is one of China’s leading industrialized agricultural corporations. DAR Industrial has focused on the production and further processing of Dahurian Angelica Root (DAR), an herb that is widely used in China, and considered to be an important ingredient Chinese traditional medicine. DAR primary product is a processed DAR; it can be either directly boiled with water to drink and served as a cure or further processed into pills. DAR Industrial’s business plan includes distributing DAR and its related products to exploit a large market demand in the areas of treatment of pain, swelling and pustule.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about future expectations, including future revenues and earnings and all other forward-looking statements be subject to the safe harbors created thereby. Voice Diary, Inc. depends on outside resources to maintain its continuation. Since these statements involve risks and uncertainties and are subject to change at any time, the company’s actual results may differ materially from expected results.
For more information, please contact:
Office of Voice Diary Inc.
343 Suining Zhong Road, Suining, Sichuan, P.R.C
Tel: +86-825-2391788
Web: http://www.chinanaturalresource.com