China BioPharma Ltd. Appoints Mr. Shenqian Nie, The CEO Of CITIC Pharmaceutical To The Independent Board Of Directors

Published: May 10, 2006

ISELIN, N.J.--(BUSINESS WIRE)--May 10, 2006--Techedge, Inc. (OTCBB: TEDG - News) announced that China BioPharma, Ltd. appointed Shenqian Nie, to the company's Board of Directors. Peter Wang commented, "China BioPharma is pleased to announce the appointment of Mr. Shenqian Nie as a new independent member of the Board of Directors. As the current CEO of CITIC Pharmaceutical's, Mr. Nie is an experienced leader within China's pharmaceutical sector, and will prove to be a great asset in expanding China BioPharma, Ltd. business within in China and abroad".

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