Renhuang Pharmaceuticals Inc. Announces Results ForThe Six Month Transition Period May 1 - October 31, 2006: Net Income More Than Doubled Compared To The Same Period Of The Prior Year

HARBIN, China--(BUSINESS WIRE)--Renhuang Pharmaceuticals, Inc. (or “the Company”, Stock symbol: RHGP.OB), a leading provider of natural health care products in the People’s Republic of China (PRC), filed its first 10K since it went public in September 2006 and announced its results for the transition period of May 1 to October 31, 2006, which is the second half of the Company’s 2006 fiscal year.