SUINING, Sichuan, China, March 10 /Xinhua-PRNewswire/ -- In order to effectively fulfill their contract with DongUi Cosmetics Co. ("DongUi"), a corporation organized and operating in the Republic of Korea (South Korea), Suining Yinfa DAR Industrial Co., Ltd. (DAR Industrial), a subsidiary of Voice Diary Inc., (BULLETIN BOARD: VCDY) , is vigorously endeavoring to carry out its 2007 Dahurian Angelica Root (DAR) purchase plan. On March 8, 2007, DAR Industrial signed a contract with the Chuanshan District Hongjiang Village Residents' Committee in Suining, a legal entity collectively representing all of the farmers of the Hongjiang Village, for the purchase of 400 tons of newly produced DAR in 2007. Thus far, DAR Industrial has procured through various contracts commitments to supply roughly 500 tons of DAR throughout 2007, all through GAP certified suppliers. Out of the 500 tons of DAR that DAR Industrial has signed contracts for, approximately 60% is earmarked for export to South Korea.
DAR Industrial hopes to enter into DAR supply contracts with 22 villages before August of 2007. If DAR Industrial can meet its goals in 2007 of signing supply contracts with 22 new villages in China, output capability could reach 3200 tons, then it would take up 56% of the total output of China. DAR Industrial hopes to utilize 40% of the DAR they purchase in DAR Industrial brand products such as DAR slices, DAR powder (used in nearly 600 different Chinese medicines), healthcare products, Bailing capsules, Yishen capsules and DAR perfume bags. All of these products are currently being developed by DAR Industrial.
About the Company
Suining Yinfa DAR Industrial Co., Ltd. (DAR Industrial), a subsidiary of Voice Diary Inc. (VCDY), was incorporated on April 24, 2001. It is one of China's leading industrialized agricultural corporations. DAR Industrial has focused on the production and further processing of Dahurian Angelica Root (DAR), an herb that is widely used in China, and considered to be an important ingredient Chinese traditional medicine. DAR Industrial's business plan includes distributing DAR and its related products to exploit a large market demand in the areas of treatment of pain, swelling and pustule.
Statements regarding financial matters in this press release other than historical facts are "forward-looking statements" within the meaning of section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The company intends that such proclamations about future expectations, including future revenues and earnings and all other forward-looking statements be subject to the safe harbors created thereby. Voice Diary, Inc. depends on outside resources to maintain its continuation. Since these statements involve risks and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
For more information, please contact:
Office of Voice Diary Inc.
343 Suining Zhong Road, Suining, Sichuan, P.R.China
Website: http://www.chinanaturalresource.com/
Tel: 86-825-2391788
