Yayi International Inc., (OTCBB: YYIN) has broke ground on their new deep-processing facility in Shaanxi Province. The facility is designed to become the largest goat milk production base in China. Once put into production at the end of 2010, the facility will increase the company's production capacity in Shaanxi Province by 400%. The company will fund the facility with the proceeds of the $15 million private placement raised from SAIF Partners III L.P. in June 2009 and cash flow from operations.
Get Rich Penny Stocks is a leading financial publication that is pleased to alert investors of stocks on the move.
Sign Up for our Free Stock Newsletter.
About Yayi International
Yayi International is the first mover and the leading producer and distributor of premium goat milk formula products for infants, toddlers and adults, goat milk tablets, and goat foremilk powder throughout China. Its current formula product lines are targeted at the premium market segment and health-conscious consumers. The Company's distribution network comprises of approximately 3,600 retail points including infant-maternity store chains, supermarkets, and drug stores as well as catalogue sales across China.
Sign up for the Free GetRichPennyStocks Newsletter. To subscribe, enter your e-mail address into the frame at the bottom of this press release or visit our website.
About Us
GetRichPennyStocks is a leading stock web site that allows investors and interested parties to research stocks that are on the move. We also track small cap companies that could be on the brink of a breakout. To feature a company on our web site please contact us at the email listed below.
Please click here to read the full disclaimer.
