Xinyinhai Technology Successfully Wins the National Bid from Agricultural Bank of China (ABC) to Bring in RMB2 Million (or $250,000) in Sales Income

HARBIN, China, April 25, 2011 /PRNewswire-Asia/ -- Xinyinhai Technology, Ltd. (OTC Bulletin Board: XNYH), a market leader in China's fast-growing financial documents printing industry today announced after passing strict evaluations, Harbin Golden Sea Technology Printing Co, Ltd., a subsidiary of Xinyinhai Technology, successfully won the national bid held by Agricultural Bank of China (ABC) on March 14, 2011, which will generate RMB 2 million (or $250,000) in sales income.

Harbin Golden Sea has been specialized in the financial printing industry for more than ten years, boasting advanced printing facilities, production technology and enjoying a very good reputation among clients. All of these contributed to this successful biding of the company. This success will bring a 10% increase in company's sale volume for 2011.

ABC is one of the largest state-owned banks in China and has the most service stands in China. Its businesses cover most of the cities in China.

Since its establishment, Harbin Golden Sea has been shaping a trustworthy image by providing high quality products. It has maintained very good cooperative relations with large financial agents in China, including Agricultural Bank of China. Harbin Golden Sea has won the bid and will enjoy an increase in both sales volume and market share.

Ms Tian Ling, Chief Executive Officer of Xinyinhai Technology said, "Congratulations to the big success. We owe this success to the continuous great efforts of the staff. This also proves our strength. We are full of confidence in the future of our company. This success is just an excellent beginning for the year 2011."

About Xinyinhai Technology Ltd

Established in 1998, Xinyinhai specializes in printing high-end financial documents using ISO-certified state-of-art technology and systems employing the latest anti-falsification encryption methods. Its clients include many of China's premier financial institutions, including the largest state-owned banks (Bank of China, China Construction Bank, and Agricultural Bank of China, Postal Savings Bank of China, the China Rural Credit Union, and China Domestic City Commercial Bank).