Winner Medical to Introduce SAP Human Capital Management to Systematize Human Resource Management
December 10 2009 - 8:00AM
PR Newswire (US)
SHENZHEN, China, Dec. 10 /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 will introduce SAP
Human Capital Management (SAP HCM) on December 14, 2009 to
systematize its human resource management. The Company will fully
implement and operate the system throughout its headquarters and
subsidiaries in June, 2010. The SAP HCM software consists of many
sub modules which include organization management, personnel
administration, training and event management, recruitment,
payroll, compensation management, budget management and so on. The
software will provide the Company full functional information and
solutions to forecast, retain and motivate talent aligned with the
Company's long-term goals. The Company plans to implement and
operate the system throughout its headquarters and subsidiaries in
June 2010. Jianquan Li, Chairman and Chief Executive Officer of
Winner Medical, commented, "We are committed to introducing the
most robust technology solutions to cultivate and motivate our
intellectual talent. We launched the Systems, Applications and
Products in Data Processing Enterprise Resource Planning (or SAP
ERP) system in 2006, with five modules, namely materials
management, sales and distribution, production, financial
accounting and controlling. This has enabled us to increase net
income, reduce inventory turnover and account receivable period, as
well as reduce unit product cost dramatically and significantly, as
evidenced by the strong growth in 2009 earnings. We will continue
to strengthen and optimize our current SAP ERP system to prudently
manage our costs while providing us with additional long-term
competitive advantages." 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 seven 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, , for WWIN Web site:
http://ir.winnermedical.com/
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