The Company attended the 62nd China International Medical Equipment Fair ("CMEF") in Chengdu, China, which was held October 28 - 31. Winner Medical reached the majority of its existing clients in China who have indicated their intentions to expand our business relationship. These companies include such well known names as China National Pharmaceutical Group Corporation, the largest pharmaceutical group company in China and Kelun Pharmaceutical, one of the largest professional manufacturers of IV solutions in the world. In order to further establish the Winner brand name and gain additional market share, the Company participated in a production promotion with West China Hospital.
PurCotton:
In the fourth quarter of fiscal 2009, the Company's PurCotton sales grew rapidly. Preliminary sales revenue of $2.31 million represents a 91.33% increase over the $1.21 million recorded during the third quarter of fiscal 2009. PurCotton jumble rolls were sold to customers in China, the U.S., Europe and Japan who produce consumer products, including sanitary and incontinence products. The Company is also processing orders of PurCotton finished medical products, such as operating room towels and sponges, for customers in North America and Europe.
Winner Medical's joint venture, Winner Medical (Hong Kong) Ltd, or "Winner Hong Kong" was awarded the "Certificate of Merit" of the HSBC Living Business Awards 2009, which recognized the Company's PurCotton as an eco-material product for customers and the community, while establishing a better eco-mindset within the workforce.
Looking forward, the Company is marketing its own branded PurCotton consumer and home care products in China, such as wipes, baby products, feminine products and other hygiene products. Therefore, the Company is confident in its mid to long-term growth potential.
SOURCE Winner Medical Group Inc.