China Yongxin Pharmaceuticals (CYXN.OB) Opens 7 Strategically Located Drugstores in China

QualityStocks would like to highlight China Yongxin Pharmaceuticals (OTCBB: CYXN). Founded in 1993, China Yongxin Pharmaceuticals is one of the leading retailers and distributors of over-the-counter Chinese traditional and Western medicines, prescription pharmaceuticals, natural health products including herbal and nutritional supplements, health foods, personal care products, cosmetics and medical equipment in Northeastern China

In the company’s news yesterday,

China Yongxin Pharmaceuticals Inc. announced the opening of seven new chain drugstores in July as the company executes its plan to extend its market reach.

The seven stores are in addition to several stores already opened this year, reflecting 30 stores in Changchun City, 31 in Baishan City, and a total of 110 throughout Northeastern China.

“We are pleased to announce the opening of a total of 13 new stores in 2010, expanding our footprint within densely populated and high income districts. We continue to be confident that we will reach our projected goals for 2010 and become the largest drugstore chain in Northeastern China,” Yongxin Liu, chairman and CEO of China Yongxin stated in the press release.

China Yongxin said it accelerated the pace of the grand openings of the stores to reach its previously announced goal of opening 29 stores in 2010, as part of its long-term objective to become one of the top 20 pharmaceutical retail chain enterprises in China.

The locations of the drug stores were chosen for their high density and income residential demographic, and offer over-the-counter Chinese traditional and Western medicines, prescription pharmaceuticals, natural health products including herbal and nutritional supplements, health foods, personal care products and cosmetics.

About QualityStocks

QualityStocks, based in Scottsdale, Arizona is a free service that collects data from hundreds Small-Cap and Micro-Cap online Investment Newsletters into one Free Daily Newsletter Report. QualityStocks is dedicated to assisting emerging public companies with their advertising efforts and now has over 750,000+ subscribers that receive The Daily Stock Newsletters.

To sign up for “The QualityStocks Daily Newsletter” please visit www.QualityStocks.net

Please see disclaimer on QualityStocks website: http://Disclaimer.QualityStocks.net 

Forward-Looking Statement:

This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.