BEIJING, April 1, 2010 -- Legend Media (OTCBB: LEGE) ("Legend Media" or "the Company"), a Chinese multi-media advertising company, today announced that its subsidiary, Beijing Yin Se Ling Dong Advertising Co., Ltd., has signed an advertising contract with Beijing Zhongchuan AuMedia Advertising Media Co., Ltd., the designated advertising agent of Beijing Fortune Real Estate Development Group Co., Ltd. in the amount of RMB 2,558,400 (approximately US $374,747 based on the exchange rate as of the date of this press release) for its Palais De Fortune Project.
Legend Media closed at $0.275 Thursday, trading 175,900 shares.
Legend Media's Subsidiary Enters Into an Advertising Contract with Beijing Zhongchuan AuMedia Advertising Media Co., Ltd., the designated advertising Agent of Beijing Fortune Real Estate Development Group Co., Ltd. for RMB 2,558,400 (US$374,747)
About Legend Media
Legend Media, Inc. (OTCBB: LEGE), headquartered in Beijing, is a leading China advertising company focused on selling advertising that reaches affluent consumers in China through major airline magazines and radio channels in key districts of China. The Company currently owns an exclusive sales agent contract for Expression, the airline magazine for Hainan Airlines Group (HNA Group). With the execution of the policy of building Hainan into an International Tourist Island, there will be more business opportunities for the airline magazine. What's more, the airline magazine is distributed to a network of the subsidiary hotels of HNA Group, which enables the airline magazine to reach 20 million direct readers and cover 50 million to 60 million readers indirectly per year.
Aside from the main business, Legend Media owns two radio stations in Tianjin and Xi'an. The execution of the policy of developing the Ring Bohai Economic Circle brings Tianjin opportunities to further develop, which enable the radio media to have great potentials to grow. Xi'an is an old city in China and with the development of Xi'an economy, the radio business of Xi'an will have new business opportunities.
Legend Media will continue to develop a sales network and strive to cover and eventually reach the most valuable direct advertisers in China and expand the sales business of the Company through the acquisition of new and good-quality media.
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HARBIN, China, April 1, 2010 -- Renhuang Pharmaceuticals, Inc. (PINKSHEETS: RHGP) ("Renhuang" or the "Company"), a developer, manufacturer and distributor of botanical products, bio-pharmaceuticals and traditional Chinese medicines ("TCM"), today announced that on March 28, 2010, the Company's patent application for its proprietary Siberian Ginseng (Acanthopanax) Total Glucosides Total Flavonoids Soft Capsules and related formulation method passed a preliminary review conducted by the State Intellectual Property Office of the People's Republic of China ("SIPO").
Renhuang Pharmaceuticals, Inc. closed at $2.48 Thursday, trading 84,653 shares.
Renhuang Announces Successful Preliminary Review of its Key Patent Application
About Renhuang Pharmaceuticals, Inc.
Renhuang Pharmaceuticals, Inc. is engaged in the development, manufacturing, and distribution of botanical products, bio-pharmaceutical products, and traditional Chinese medicines ("TCM"), in the People's Republic of China. All of the Company's products are produced at its three GMP-certified production facilities in Ah City, Dongfanghong and Qingyang. The Company distributes its botanical anti-depression and nerve-regulation products, biopharmaceutical products, and botanical antibiotic and OTC TCMs through its network of over 3,000 distributors and over 70 sales centers across 24 provinces in China.
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