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AMEX:AOB), a leading manufacturer and distributor of plant based pharmaceutical (PBP) and plant based nutraceutical (PBN) products in China, announced today the closing of the acquisition of Heilongjiang Qitai Pharmaceutical Limited (HQPL), a distributor of pharmaceutical products throughout China.
AOBO is well positioned to continue to generate strong revenue and earnings growth, as acquisitions such as Heilongjiang Qitai Pharmaceutical Limited, a leading Chinese distributor of pharmaceuticals and Heilongjiang Songhuajiang Pharmaceutical Co.
Recently, we entered into a letter of intent to acquire Heilongjiang Qitai Pharmaceutical Limited ("HQPL"), a leading Chinese distributor of pharmaceuticals.