Ann: Phosphagenics Rights Issue - Appendix 3B, page-31

Turps
Sichuan Credit Pharmaceutical Co., Ltd. was founded in 2004. It is situated in A Area, Chengxi Industrial Park, Lu County, Luzhou City, Sichuan. It is a national high-tech enterprise that engages in research, production and sales. There are two subsidiaries and one R&D center: Sino-Us joint venture—Sichuan Credit Chemwerth Pharmaceutical Co., Ltd., Sichuan Hongji Pharmaceutical Technology, and Chengdu R&D Center of Sichuan Credit Chemwerth Pharmaceutical Co., Ltd. The floor area is 128mu, registered capital is ¥ 17.88 million, and assets are ¥100 million. The company has respectively one production line for capsules, tablets and granules. It is capable of producing 800,000,000 capsules, 400,000,000 tables, and 100,000,000 bags of granules each year. The company has been successively rated as "innovative enterprise in Sichuan Province", "growth-type small and medium-sized enterprise in Sichuan Province", "leading middle and small-sized enterprise in Sichuan Province", "AA rating credit enterprise", "advanced unit for helping the poverty stricken students", and it has been rated as "big taxpayer” by Lu County for consecutively eight years. The registered capital of Sichuan Credit Chemwerth Pharmaceutical Co., Ltd. is ¥ 10.55 million. The company is dedicated to researching, developing and manufacturing chemical APIs and anti-tumor drugs. In December 2010, the company successfully passed the FDA certification.
Kens