Amedisys Inc Dl 001 (TG:ADY)
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BEIJING and LOS ANGELES, April 23 /PRNewswire-FirstCall/ -- American Dairy, Inc. (NYSE Arca: 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 the Company's Chief Financial Officer, Mr. Jonathan H. Chou, was honored with a "China's Top Ten CFOs of 2008" award at the CFO World Magazine's fourth annual CFO Summit (the "CFO Summit") on April 10th, 2009.
Each year, ten award winners are carefully selected from both private and public domestic Chinese companies. Nominated CFOs go through a three-step elimination process. A selection committee evaluates individuals based on criteria including their abilities to manage risk and maintain healthy cash flow for their companies, their achievements in guiding companies through crisis situations and their leadership skills and ethics.
This year, the theme of the CFO Summit was "Navigating through the financial crisis," with discussions that focused on maintaining and preserving steady growth through the downturn. Other award recipients for 2008 included the CFOs from Sany Heavy Industry, China Distance Education, Sanyuan Group, Airmedia Group and SAIC Motor.
Mr. Jonathan H. Chou stated, "I am particularly honored to be recognized by CFO World as one of China's top CFOs. Though the macro environment has been tough, it has also presented us the opportunity to prove the strength of our business. I believe the recognition demonstrates American Dairy's operational excellence and the management team's continuous efforts and dedication to enhance the Company's financial reporting capabilities."
About American Dairy, Inc.
American Dairy, Inc. (NYSE Arca: ADY) is one of the leading producers and distributors of premium infant formula, milk powder, and soybean, rice walnut products in the People's Republic of China. American Dairy conducts operations in China through its wholly owned subsidiary, Feihe Dairy. Founded in 1962, Feihe Dairy is headquartered in Beijing, China, and has processing and distribution facilities in Kedong, Qiqihaer, Baiquan, Gannan, 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, 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 50,000 retail outlets throughout China. For more information about American Dairy, please visit http://www.americandairyinc.com/.
CONTACT
Integrated Corporate Relations, Inc.
In the United States: Ashley Ammon: 203-682-8200
In China: Wei-Jung Yang: 86-10-6599-7968
DATASOURCE: American Dairy, Inc.
CONTACT: United States, Ashley Ammon, +1-203-682-8200; or China,
Wei-Jung Yang, 86-10-6599-7968, both of Integrated Corporate Relations, Inc.
Web Site: http://www.americandairyinc.com/