BEIJING, China, May 24 /PRNewswire-FirstCall/ - Hiru Corporation
(HIRU; http://www.hirucorporation.com/) further to the company news
announcement of April 28, 2010 re
where the management announced, that the company located a viable
China-based Animals Health Product
or agricultural products company, the company is pleased to
announce that it will appoint the following management to HIRU.
Mr.Xiao Cheii Liu as Chairman - CEO
Ms. Xiang Ling Zhu CFO
Mr. XueSong Xie General Manager
The aforementioned executives are also key staff of Shuang Shi
Animals Health Product Co., Ltd and Chuangdao Animals Health
Product Co., Ltd (Jiangxi Animals Health Product Co Group)
These companies are scheduled to merge with HIRU the first week
in June 2010
The targeted merger candidate, founded in 2000 in Nanchang, Jiangxi China Shuang Shi Animals
Health Product Co., Ltd and Chuangdao Animals Health Product Co.,
Ltd (Jiangxi Animals Health Product Co Group) are owned and
controlled by the same China based
nationals. They operate a successful conglomerate and a very
successful company focusing on production and distribution of feed
additives, disinfectants, injections, powder/premix and six
production lines of seven dosage forms. The two companies jointly
employ 268 staff (30% with college education, including experienced
senior veterinary and pharmaceutical experts). They have acquired
Good Manufacturing Practice (GMP) Certificate in 2005.
The current operating company of HIRU a China based pharmaceutical company - Jiang Xi
Rongyu Pharmacutical Group, Inc. http://www.jxrongyuyy.com because
of its strong ties to the China
markets, intends to list on a China domestic exchange. Rongyu Pharmacutical
Group, Inc will either be listed on the China Shanghai or
Shenzhen domestic stock exchange.
As this is still in the works details will be provided as they
crystallize further, and what this will mean to HIRU shareholders
and the value of the HIRU share price.
This merger is on target to close according to schedule 1st week
in June 2010 upon its M&A team
returning to Americas from China.
The company reminds its shareholders and followers to monitor
PinkSheets.com Filing section and also our IR company web site
section "PRESS RELEASES AND FILINGS" TAB
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Safe Harbor Statement
Information in this news release may contain statements about
future expectations, plans, prospects or performance of Hiru
Corporation that constitute forward-looking statements for purposes
of the Safe Harbor Provisions under the Private Securities
Litigation Reform Act of 1995. The words or phrases "can be,"
"expects," "may affect," "believed," "estimate," "project" and
similar words and phrases are intended to identify such
forward-looking statements. Hiru Corporation cautions you that any
forward-looking information provided by or on behalf of Hiru
Corporation is not a guarantee of future performance. None of the
information in this press release constitutes or is intended as an
offer to sell securities or investment advice of any kind. Hiru
Corporation's actual results may differ materially from those
anticipated in such forward-looking statements as a result of
various important factors, some of which are beyond Hiru
Corporation's control. In addition to those discussed in Hiru
Corporation's press releases, public filings, and statements by
Hiru Corporation's management, including, but not limited to, Hiru
Corporation's estimate of the sufficiency of its existing capital
resources, Hiru Corporation's ability to raise additional capital
to fund future operations, Hiru Corporation's ability to repay its
existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match Hiru
Corporation's capability to be awarded contracts. All such
forward-looking statements are current only as of the date on which
such statements were made. Hiru Corporation does not undertake any
obligation to publicly update any forward-looking statement to
reflect events or circumstances after the date on which any such
statement is made or to reflect the occurrence of unanticipated
events.
CONTACT: Hiru Corporation,
www.minamargroup.net/helpdesk
SOURCE Hiru Corporation