SHENZHEN, China, June 23, 2011 /PRNewswire-Asia/ Winner Medical Group Inc. (Nasdaq: WWIN; "Winner Medical" or "the Company"), a leading manufacturer of medical dressings, medical disposables and non-woven fabric made from 100% natural PurCotton® products in China, held its 20th Anniversary Celebration at the Company's corporate headquarters in Shenzhen, China. Nearly 1,100 Winner employees and over three hundred honored guests, comprised of officers, customers, suppliers and investors from China and abroad attended, to recognize the Company's achievements since its founding in 1991. In addition, Winner held a PurCotton Low Carbon Theme Party to showcase its innovative PurCotton consumer products, which are low carbon, comfortable and environmentally friendly. Many guests expressed their appreciation on the Company's commitment to innovation, humankind's health and environment. "Because of such a commitment, Winner Medical can develop healthy, comfortable and eco-friendly consumer products which are hitting right on the market trend." some audiences said, after reviewing and experiencing the products and services the Company offers. Mr. Jianquan Li, Founder, Chairman and CEO of Winner Medical, addressed the audience: "Our goal during the last two decades has been to become one of the best and most respected medical dressing manufacturers in the world. In recent years, we applied our commercial expertise to create branded, medical grade consumer products to serve a growing number of Chinese consumers seeking comfortable, healthy and eco-friendly products they can trust. Winner Medical looks forward to the future and to extending our position as a leading global manufacturer of medical dressings and an innovative producer of unique PurCotton consumer products." 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 fourteen 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://winnermedical.investorroom.comForward-Looking Statements 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 objective 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, 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.
Shares of Winner Medical Group (Nasdaq:WWIN) have taken a tremendous swing upward. The stock is trading at $4.10 as of 9:39 a.m. ET, 20.6% above Friday's closing price of $3.40. Volume is at 23,231, 1.8 times the daily average of 13,100.