American Dairy's Feihe Brand Named 'Most Competitive Brand' by SINA
22 January 2010 - 12:00AM
PR Newswire (US)
BEIJING and LOS ANGELES, Jan. 21 /PRNewswire-FirstCall/ -- American
Dairy, Inc. (NYSE: ADY; "American Dairy" or the "Company"), one of
the leading producers and distributors of premium infant formula,
milk powder and soybean, rice and walnut products in China, today
announced that its flagship brand, "Feihe," has been named the
"Most Competitive Brand" in the infant formula category at the
Annual Baby and Infant Industry Ceremony, jointly hosted by SINA
Corporation (Nasdaq: SINA; "SINA"), the National Population and
Family Planning Commission and the Chinese Association of Eugenic
Science. The Baby and Infant Industry Ceremony is one of the
largest annual events in the industry and awards companies involved
in all aspects of infant care, ranging from infant formula
producers to baby food and clothing manufacturers. Participating
companies are evaluated by the public via online voting as well as
a group of industry experts and chief editors from major media
organizations. Awards include "Most Socially Responsible," "Most
Competitive," and "Most Energetic," and accurately reflect the
opinions of the public. Mr. Leng You Bin, Chief Executive Officer
of American Dairy, stated, "The award speaks to the success of our
growth strategy. Our quality milk supply from our dairy farms as
well as trusted sources, our commitment to the highest quality
products and advanced manufacturing techniques will continue to
provide us the competitive advantage to grow our market share in
this increasingly competitive market." About American Dairy, Inc.
American Dairy, Inc. (NYSE:ADY) is one of the leading producers and
distributors of premium infant formula, milk powder, and soybean,
rice and walnut products in the People's Republic of China.
American Dairy conducts operations in China through its wholly
owned subsidiary, Feihe Dairy, and other subsidiaries. Founded in
1962, Feihe Dairy is headquartered in Beijing, China, and has
processing and distribution facilities in Kedong, Qiqihaer,
Baiquan, Gannan, Longjiang, Shanxi, and Langfang. Using proprietary
processing techniques, American Dairy makes products that are
specially formulated for particular ages, dietary needs and health
concerns. American Dairy has over 200 company-owned milk collection
stations, two dairy farms, six production facilities with an
aggregate milk powder production capacity of approximately 1,220
tons per day and an extensive distribution network that reaches
over 90,000 retail outlets throughout China. For more information
about American Dairy, please visit
http://www.americandairyinc.com/. Cautionary Note Regarding
Forward-Looking Statements This document contains forward-looking
information about the Company's operating results and business
prospects that involve substantial risks and uncertainties.
Statements that are not purely historical are forward-looking
statements within the meaning of Section 21E of the Securities
Exchange Act of 1934, as amended, and Section 27A of the Securities
Act of 1933, as amended. These statements include, but are not
limited to, statements about the Company's plans, objectives,
expectations, strategies, intentions or other characterizations of
future events or circumstances and are generally identified by the
words "may," "expects," "anticipates," "intends," "plans,"
"believes," "seeks," "estimates," "targets," "could," "would," and
similar expressions. Because these forward-looking statements are
subject to a number of risks and uncertainties, the Company's
actual results could differ materially from those expressed or
implied by these forward-looking statements. Factors that could
cause or contribute to such differences include, but are not
limited to, those discussed under the heading "Risk Factors" in the
Company's annual report on Form 10-K for the fiscal year ended
December 31, 2008, quarterly report on Form 10-Q for its third
quarter in 2009, and in current reports on Form 8-K filed with the
United States Securities and Exchange Commission and available at
http://www.sec.gov/. The Company assumes no obligation to update
any such forward-looking statements. DATASOURCE: American Dairy,
Inc. CONTACT: Company Beijing Office, +86-10-6431-9357; or ICR,
Inc.:, In the U.S., Ashley M. Ammon, +1-646-277-1227, or In China:
Wei-Jung Yang, +86-10-6599-7968 Web Site:
http://www.americandairyinc.com/
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