Here’s a press release from American Dairy, Inc. announcing some exciting plans for 2007.
American Dairy, Inc. , one of the leading producers and distributors of milk powder and soybean products in China, today announced plans to enhance the Company’s presence in the U.S. American Dairy listed on the NYSE Arca exchange in April 2005 and currently operates out of its offices in Harbin and Beijing, China. To improve communication with auditors, legal counsel, regulatory bodies and investors, American Dairy expects to open an office in the U.S. during the first half of 2007.
In accordance with today’s announcement, American Dairy has hired Judy F. Tu in the role of Vice President of U.S. Operations. Bilingual in English and Mandarin, Ms. Tu brings to American Dairy a wealth of knowledge and experience in operating Chinese companies as well as a background in U.S. law.
Additionally, today the Company announced participation in two investor conferences in January 2007: The ICR XChange Investor Conference and the Brean Murray Carret & Co. One on One Winter Consumer Conference.
American Dairy, Inc. conducts operations in The People’s Republic of China (“China”) through its wholly owned subsidiary, Feihe Dairy. Founded in 1962, Feihe Dairy is one of the leading producers and distributors of milk powder and soybean products in China. Feihe Dairy is located in Kedong County, China, and has been in operation since 2001. American Dairy also has a milk powder processing plant, BaiQuan Feihe Dairy in Kedong County, and also has a milk powder processing plant in the city of QiQiHaEr, Heilongjiang Province.