NEW YORK, NY -- (MARKET WIRE) -- January 25, 2007 -- China Aoxing Pharmaceutical Company, Inc. (OTCBB: CAXG) announced today that Mr. John Leo resigned from his position as a member of the CAXG Board of Directors as of January 22, 2007. Mr. Leo joined the Board in April 2006 to assist the company in transforming from a private Chinese company to a public company in the US.
