Shiner International Announces Engagement of RedChip Companies to Lead Public and Investor Relations Efforts
HAIKOU, China, Sept. 13 /PRNewswire-Asia/ -- Shiner International, Inc. (Nasdaq: BEST) ("Shiner" or the "Company"), an emerging global supplier of anti-counterfeiting and advanced packaging products, today announced that the Company has engaged RedChip Companies, Inc. to lead its public and investor relations efforts.
"We chose RedChip Companies because of their impressive media relations platform, international presence, and proven history of generating long-term investor relationships for growing China small-cap companies like BEST," stated Qingtao Xing, President and CEO of Shiner. "We are confident that they will raise our profile in the investment community while strengthening our relationships with current shareholders."
"We are excited about the opportunity to represent Shiner, a market leader in one of China's largest and fastest-growing industries," said Dave Gentry, President and CEO of RedChip Companies, Inc. "Rising income among Chinese consumers is creating high demand for convenience foods and other packaged consumer products. At the same time, companies and government agencies worldwide are stepping up their efforts to reduce the incidence of counterfeit goods. Shiner produces the most advanced anti-counterfeit films in the industry and is attracting worldwide customer interest from companies seeking to uphold their brand security. The Company has a reputation for providing first-rate products and services, coupled with a large global client base that includes media giants Sony and Warner. We look forward to communicating Shiner's story to our international retail and institutional network."
About Shiner International, Inc.
Shiner International is engaged in the research and development, manufacture and sale of flexible packaging material. Products include coated packaging film, shrink-wrap film, common packaging film, anti-counterfeit laser holographic film and color-printed packaging materials. The Company's flexible packaging products are used by manufacturers in the food and consumer products industry to preserve texture, flavor, hygiene, and convenience and safety of their products. The Company was founded in 1990 and is headquartered in Haikou, China.
Approximately 69% 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 15 patents on products and production equipment, and has an additional eight patent applications pending. The Company's flexible packaging meets 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. Additional information on Shiner International is available at http://www.shinerinc.com .
About RedChip Companies, Inc.
RedChip Companies is an international, small-cap research and financial public relations firm headquartered in Orlando, Florida; with affiliate offices in Beijing, China; Paris, France; and Seoul, Korea. RedChip delivers concrete, measurable results for its clients through its extensive national and international network of small-cap institutional and retail investors. RedChip has developed the most comprehensive platform of products and services for small-cap companies, including: RedChip Research(TM), Traditional Investor Relations, Digital Investor Relations, Institutional and Retail Conferences, RedChip Small-Cap TV(TM), Shareholder Intelligence, Social Media and Blogging Services, Webcasts, and RedChip Radio(TM). To learn more about RedChip's products and services please visit: http://www.redchip.com/visibility/productsandservices.asp .
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. The information contained in this press release is made as of the date of the press release, even if subsequently made available by Shiner on its website or otherwise.
For more information, please contact: At the Company: Email: [email protected] Web: http://www.shinerinc.com Investor Relations: Dave Gentry RedChip Companies, Inc. Tel: +1-800-733-2447 x104 Email: [email protected] Web: http://www.RedChip.com
SOURCE Shiner International, Inc.
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