Stock on the Move: SUWN - October 15, 2009
October 15 2009 - 9:38AM
Marketwired
Stock Market Alerts' performance stock list includes: Sunwin
International Neutraceuticals, Inc. (OTCBB: SUWN), Wyeth (NYSE:
WYE), Apple Inc. (NASDAQ: AAPL) and Google Inc. (NASDAQ: GOOG).
Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN) has
just announced that it has received two key recognitions from
Jining City in Shandong Province. Jining City is located in
southwest Shandong Province and controls Qufu City, home to
Sunwin's global headquarters and main production facilities.
Shandong Province is a key agricultural producer in China and
records average GDP increases in excess of 10% with 2007 GDP growth
of 16.3%. Sunwin International Neutraceuticals is one of the
world's leading producers of all-natural, zero-calorie stevia in
China and a leader in the production and distribution of Chinese
herbs and veterinary medicines.
Sunwin received recognition from the Jining City Scientific and
Technology Bureau for the development of its proprietary high-grade
stevia extraction and refinement technologies used in its stevia
extract processes. This recognition is part of a larger program to
encourage and recognize technological advancement in Jining City
among its key industries, including agricultural production and
export. Sunwin also received a certificate of approval of the
Jining City Economic and Trade Committee under the Shandong
Province's first technological renovation plan. This document
provides support to Sunwin at all levels of provincial and city
government for licensing, grants, and banking and development needs
to advance its provincial business initiatives for production and
export.
Previously, the company reported that it has signed an exclusive
distribution agreement with Hunan Fuhui Flavors Co. Ltd. to
distribute Sunwin's stevia extract within Hunan province in China.
The press release states that under the terms of the one-year
agreement, Sunwin will provide marketing support and technical
staff to support Hunan Fuhui's sales efforts within the province.
Additionally, Hunan Fuhui must distribute at least 50 tons of
stevia extract within the first year for this agreement to be
subject to renewal. Hunan Fuhui is an experienced distributor based
in the Hunan province, located in southern China and home to more
than 64 million people.
Commenting on the agreement, Chairman Laiwang Zhang stated, "We
are pleased to secure a strong partner in Hunan Fuhui, whose
expertise as a regional distributor makes them an ideal candidate
to increase Sunwin's presence in Hunan province where stevia is
commonly used as a natural sweetener. We have recently completed a
number of expansion programs to increase our total stevia
production capacity and we are particularly excited to expand our
marketing efforts in this important domestic market. We look
forward to this new partnership as we continue to pursue
opportunities both in China and throughout the globe to expand
revenue and profits in our stevia operations."
The stock closed yesterday at around twenty-six cents a
share.
For an in-depth profile of Sunwin International Neutraceuticals,
visit
http://wallstreetenews.com/view-company-profiles.php?profile=SUWN_072909.
Wyeth (NYSE: WYE) up 1.7% on 46.4 million shares traded.
Wyeth is one of the world's largest research-driven
pharmaceutical and health care products companies.
Apple Inc. (NASDAQ: AAPL) up 0.6% on 13.4 million shares
traded.
Apple continues to lead the industry in innovation with its
award-winning computers, OS X operating system and iLife and
professional applications.
Google Inc. (NASDAQ: GOOG) up 1.7% on 3.2 million shares
traded.
Google's innovative search technologies connect millions of
people around the world with information every day.
This advertisement is provided by Wall Street Enews, a division
of Stock Market Alerts LLC, an electronic broadcaster and publisher
of this release, and hereafter referred to as "the company." The
company also maintains a contractual, working relationship with
Wall Street Capital Funding LLC. and its Wall Street News Alert
brand. For current services performed for Sunwin International
Neutraceuticals, Inc. (OTCBB: SUWN), China Direct Industries, Inc.
("China Direct Industries"), Dragon Capital Group Corp, China
America Holdings, China Armco Metals, Inc. and Dragon International
Group Corp., the company has been compensated a total of Three
Hundred Thousand Dollars (Two Hundred and Fifty Thousand dollars
for current services and Fifty Thousand dollars for previous
services) by China Direct Investments Inc., a Florida corporation,
and a wholly owned subsidiary of China Direct. The company does not
hold any shares of the stock. Because the company received
compensation for its services, there is an inherent conflict of
interest in the company statements and opinions and such statements
and opinions cannot be considered independent.
The information contained in this press release is for
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material facts necessary to make an investment decision are
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