New York, July 2, 2008/Xinhua-PRNewswire-FirstCall/ – Shiner International, Inc. (NASDAQ: BEST; website: http://www.shinerinc.com ), a market leader in China’s packaging and anti-counterfeiting plastic film industry, today announced that according to the final membership list available at http://www.russell.com/indexes , Shiner International has been included in the Russell Microcap index.
According to Russell, Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies.
“We are pleased with our inclusion in this index, which reflects our continued positive momentum.” said Chairman Mr. Yuet Ying. “Russell is an industry leader for market indexes and we expect our inclusion to potentially attract additional institutional interest in our company.”
About Shiner International, Inc.
NASDAQ listed Shiner International (http://www.shinerinc.com/) is a
U.S. corporation that has its primary operations in China.
Headquartered in the city of Haikou - China's "Hawaii” - Shiner's
products include coated packaging film, shrink-wrap film, common
packaging film, anti-counterfeit laser holographic film and
color-printed packaging materials. Approximately 60 percent of
Shiner's current customers are located in China, with the remainder
spanning Southeast Asia, Europe, the Middle East and North America.
Shiner holds 13 patents on products and production equipment, and
has additional patent applications pending. The Company’s
coated films meet the approval of U.S. FDA requirements, as well as
those required for food packaging sold in the EU. Shiner's
product manufacturing process is certified under ISO 9001:2000.
Safe Harbor Statement
All statements in this press release that are not historical are forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this press release as they reflect Shiner International, Inc.'s current expectations with respect to future events and are subject to risks and uncertainties that may cause actual results to differ materially from those contemplated. Potential risks and uncertainties include, but are not limited to, the risks described in Shiner's filings with the Securities and Exchange Commission.
Contact Us:
Mr. Qingtao Xing
President
Shiner International, Inc.
Tel: +86-1387-6683-099
Email: qingtao.xing@shinerinc.com or info@shinerinc.com
Source: Shiner International,
Inc. |
