BEIJING and LOS ANGELES, Jan. 21 /PRNewswire-FirstCall/ -- American Dairy, Inc. (NYSE: ADY; "American Dairy" or the "Company"), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced that its flagship brand, "Feihe," has been named the "Most Competitive Brand" in the infant formula category at the Annual Baby and Infant Industry Ceremony, jointly hosted by SINA Corporation (Nasdaq: SINA; "SINA"), the National Population and Family Planning Commission and the Chinese Association of Eugenic Science.
The Baby and Infant Industry Ceremony is one of the largest annual events in the industry and awards companies involved in all aspects of infant care, ranging from infant formula producers to baby food and clothing manufacturers. Participating companies are evaluated by the public via online voting as well as a group of industry experts and chief editors from major media organizations. Awards include "Most Socially Responsible," "Most Competitive," and "Most Energetic," and accurately reflect the opinions of the public.
Mr. Leng You Bin, Chief Executive Officer of American Dairy, stated, "The award speaks to the success of our growth strategy. Our quality milk supply from our dairy farms as well as trusted sources, our commitment to the highest quality products and advanced manufacturing techniques will continue to provide us the competitive advantage to grow our market share in this increasingly competitive market."
About American Dairy, Inc.
American Dairy, Inc. (NYSE: ADY) is one of the leading producers and distributors of premium infant formula, milk powder, and soybean, rice and walnut products in the People's Republic of China. American Dairy conducts operations in China through its wholly owned subsidiary, Feihe Dairy, and other subsidiaries. Founded in 1962, Feihe Dairy is headquartered in Beijing, China, and has processing and distribution facilities in Kedong, Qiqihaer, Baiquan, Gannan, Longjiang, Shanxi, and Langfang. Using proprietary processing techniques, American Dairy makes products that are specially formulated for particular ages, dietary needs and health concerns. American Dairy has over 200 company-owned milk collection stations, two dairy farms, six production facilities with an aggregate milk powder production capacity of approximately 1,220 tons per day and an extensive distribution network that reaches over 90,000 retail outlets throughout China. For more information about American Dairy, please visit http://www.americandairyinc.com.
Cautionary Note Regarding Forward-Looking Statements
This document contains forward-looking information about the Company's operating results and business prospects that involve substantial risks and uncertainties. Statements that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements include, but are not limited to, statements about the Company's plans, objectives, expectations, strategies, intentions or other characterizations of future events or circumstances and are generally identified by the words "may," "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "targets," "could," "would," and similar expressions. Because these forward-looking statements are subject to a number of risks and uncertainties, the Company's actual results could differ materially from those expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed under the heading "Risk Factors" in the Company's annual report on Form 10-K for the fiscal year ended December 31, 2008, quarterly report on Form 10-Q for its third quarter in 2009, and in current reports on Form 8-K filed with the United States Securities and Exchange Commission and available at www.sec.gov. The Company assumes no obligation to update any such forward-looking statements.
SOURCE American Dairy, Inc.