Winner Medical to Open Its First Three PurCotton(R) Pilot Stores in Shenzhen, China
05 January 2010 - 12:00AM
PR Newswire (US)
SHENZHEN, China, Jan. 4 /PRNewswire-Asia/ -- Winner Medical Group
Inc. (NYSE Amex: WWIN; "Winner Medical", or the "Company"), a
leading manufacturer and exporter of medical, wound care and home
care products in China, today announced that it has opened its
first three PurCotton(R) pilot chain stores in Shenzhen, Guangdong
province, China on December 31, 2009. At the same time, its
subsidiary Winner Industries (Shenzhen) Co., Ltd has established a
wholly-owned subsidiary, Shenzhen PurCotton Technology Co., Ltd. to
develop sales channels in the China marketplace, and sell its
PurCotton(R) branded products. The three chain stores are located
in densely populated commercial areas with high visibility and
significant foot traffic. Each store contains a broad range of
PurCotton(R) branded personal products and healthcare supplies,
which include PurCotton Sports bandages, Cosmetic products, baby
diapers, sanitary pads, baby wears, wipes, women's underwear, bed
sheets, curtains, pillows and related products. The concept stores
specifically focus on offering customers a broad range of
disposable, daily use products which will simplify customer's
shopping experience. All of the products are made by 100% natural
cotton. PurCotton(R) is a revolutionary nonwoven fabric made with
100% natural cotton products and has many advantages over both
woven cotton and synthetic nonwoven fabric. It is of high quality,
and is safe, natural, biodegradable, sustainable and eco-friendly,
which makes it an ideal material for medical and health care
products, as well as for daily home care products. The objective of
PurCotton(R) is to provide customers with medical grade 100% cotton
products which are healthy, comfortable, and eco-friendly.
PurCotton(R) products will improve consumers' living standards,
since these products are green, additives-free and non-allergenic.
For instance, the sterilized feminine products and baby diapers are
of a higher quality and are safer for consumers than woven and
synthetic alternatives, some products will include anti-bacteria
nano material. At the same time, PurCotton(R) was produced in clean
environmental conditions and it is bio-degradable, which is in line
with Winner's commitment to promote environmental protection and
sustainable development in it manufacturing processes. Mr. Jianquan
Li, Chairman and Chief Executive Officer of Winner Medical,
commented, "We are excited to announce the opening of the three
pilot chain stores to significantly grow our domestic China
business with PurCotton(R) branded products. This is our initial
trial step into the retail consumer personal products and
healthcare supplier markets in China. This is an exciting and
important milestone for Winner and we will exercise financial
prudence in order to mitigate investment risk by opening up
additional stores step by step in order to meet rising consumer
demand for our PurCotton(R) products. We will continue to develop
the market demand for PurCotton(R) while expanding our production
accordingly, and we believe PurCotton(R) will give Winner Medical a
strong competitive edge in the global marketplace." About Winner
Medical: Winner Medical is a leading manufacturer and the largest
exporter by volume in the medical dressing industry in China.
Headquartered in Shenzhen, the Company has eight wholly-owned
operating subsidiaries and four joint ventures with over 5,000
employees. The Company engages in the manufacturing, sale,
research, and development of medical care products, wound care
products, home care products and PurCotton(R) products, a nonwoven
fabric made from 100% natural cotton. The products are sold
worldwide, with Europe, the United States and Japan serving as the
top three markets. The Company currently holds more than sixty
patents and patent applications for various products and
manufacturing processes and is one of the few Chinese companies
licensed by the U.S. Food and Drug Administration (FDA) to ship
finished, sterilized products directly to the United States market.
To learn more about Winner Medical, please visit Winner Medical's
web site at http://ir.winnermedical.com/ . Forward-Looking
Statements: This press release contains certain statements that may
include "forward- looking statements" within the meaning of Section
27A of the Securities Act of 1933, as amended, and Section 21E of
the Securities Exchange Act of 1934, as amended. All statements,
other than statements of historical fact included herein are
"forward-looking statements" including statements regarding Winner
Medical and its subsidiary companies' business strategy, plans and
objective and statements of non-historical information. These
forward-looking statements are often identified by the use of
forward-looking terminology such as "believes," "expects" or
similar expressions, involve known and unknown risks and
uncertainties. Although Winner Medical believes that the
expectations reflected in these forward-looking statements are
reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not
place undue reliance on these forward-looking statements, which
speak only as of the date of this press release. Winner Medical's
actual results could differ materially from those anticipated in
these forward-looking statements as a result of a variety of
factors, including those discussed in Winner Medical's periodic
reports that are filed with and available from the Securities and
Exchange Commission. All forward-looking statements attributable to
Winner Medical or persons acting on its behalf are expressly
qualified in their entirety by these factors. Other than as
required under the securities laws, Winner Medical does not assume
a duty to update these forward-looking statements. For more
information, please contact: Company: Peng Zhai Investor Relations
Manager Winner Medical Group Inc. Tel: +86-755-2806-6858
+86-755-2813-8888 x691 Email: Web: http://ir.winnermedical.com/
Investors: Mr. Matthew Hayden, HC International Tel:
+1-561-245-5155 Email: Web: http://www.hcinternational.net/
DATASOURCE: Winner Medical Group Inc. CONTACT: Peng Zhai, Investor
Relations Manager of Winner Medical Group Inc., +86-755-2806-6858,
+86-755-2813-8888 x691, ; or Investors, Matthew Hayden of HC
International, +1-561-245-5155, Web site:
http://ir.winnermedical.com/
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