SHENZHEN, China, March 30, 2011 /PRNewswire-Asia/ -- Winner Medical Group Inc. (Nasdaq: WWIN), ("Winner Medical") a leading manufacturer of medical dressings, medical disposables and non-woven fabric made from 100% natural PurCotton® products in China, today announced that Mr. Jianquan Li, Winner Medical's founder, chairman and CEO, has recently been awarded with the Distinguished Contribution award for 2010 by the China Nonwovens & Industrial Textiles Association ("CNITA"), and appointed as a member of the Expert Committee of the same association for the next five years.
This award signifies Mr. Li and Winner Medical's outstanding contribution to the industrial textile industry. Winner Medical, under the leadership of Mr. Li, has advanced the production of healthier, safer and more comfortable medical products and helped to create a culture of innovation in the cotton industry. For example, the development 100% cotton spunlace nonwoven textiles, or PurCotton, which can be used to manufacture feminine care, baby care and home care products, not only cut costs by shortening the production cycle from over two months to less than ten days but also reduced the energy consumption, pollution and emission of carbon from the manufacturing process.
Mr. Li was also appointed as a Committee Members of CNITA's Expert Committee. The Expert Committee is comprised of academic and technology experts who have both immense practical experience and theoretical knowledge in the industrial textile. Mr. Li is himself a recognized professional in the industry and made an impact by developing textile manufacturing technologies. According to CNITA, these experts are the backbone and major driver for the future development of the nonwoven and industrial textiles industry in China.
After hearing about the decisions from CNITA, Mr. Li said, "I feel deeply honored to be a Committee Member and to receive the Award. These types of awards recognize Winner's continuous effort to create advances in the manufacturing of cotton products and to produce more eco-friendly products." He added, "I view the recognition as a 'call to action.' Our group should not be satisfied with the current achievements. As a leading company in the field, Winner shall continue to strive to produce high quality products and sophisticated services for our customers."
About Winner Medical:
Winner Medical is a leading medical disposable products manufacturer in China, with business operations consisting of manufacturing, researching, developing and marketing cotton-based medical dressings and medical disposables, as well as consumer products. The Company has twelve wholly-owned operating subsidiaries and three joint ventures, which manufacture tailored medical disposables and dressings, as well as non-woven fabric made from 100% natural cotton. With a vertically integrated supply chain ranging from spinning fabric to finished goods, the Company provides its customers with a wide range of products, from surgical and wound care to consumer. The Company sells and markets its medical products and 100% natural cotton non-woven jumbo rolls in China and abroad. For nine consecutive years, the Company has been ranked as one of the top medical dressing exporters in China, with the United States, Europe, China and Japan being its most important markets. In addition, the Company distributes finished cotton non-woven consumer products under its own "PurCotton" brand name in China. With more than 20 years of international experience in the medical dressings and disposables field, the Company has a deep market understanding. This provides Winner Medical with a solid foundation, upon which it plans to expand by growing its medical grade 100% cotton retail business. To learn more about Winner Medical, please visit Winner Medical's web site at: http://ir.winnermedical.com.
This press release contains certain statements that may include "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 statements, other than statements of historical fact included herein, are "forward-looking statements" including statements regarding Winner Medical and its subsidiary companies' business strategy, plans and objectives and statements of non-historical information. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions and involve known and unknown risks and uncertainties. Although Winner Medical believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Winner Medical's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Winner Medical's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward-looking statements attributable to Winner Medical or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, Winner Medical does not assume a duty to update these forward-looking statements.
For more information, please contact:
Huixuan Chen (Fiona)
Investor Relations Manager
Winner Medical Group Inc.
HC International, Inc.
SOURCE Winner Medical Group Inc.