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Shengtai Pharmaceutical Schedules 2009 Third Quarter Financial Results and Conference Call

May 13, 2009
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WEIFANG, Shandong, China, May 13 /PRNewswire-Asia-FirstCall/ — Shengtai
Pharmaceutical, Inc. (OTC Bulletin Board: SGTI) (“Shengtai” or “the Company”),
a leading manufacturer and distributor of high-quality, pharmaceutical grade
glucose products in China, today announced that it will issue financial
results for the three months ended March 31, 2009 after the close of the stock
market on Thursday, May 14, 2009. Management will conduct a conference call
on Friday, May 15, 2009 at 8:30 A.M. Eastern Daylight Time to discuss these
results. A question and answer session will follow management’s presentation.

Ms. Yiru Melody Shi (Chief Financial Officer), and Ms. Michelle Wang (Investor Relations Manager) will be the primary speakers on the call.

A live webcast of the conference call will be available on the Investor
Relations page of Shengtai Pharmaceutical’s web site at
http://www.shengtaipharmaceutical.com . Please visit the Web site at least 15
minutes early to register for the webcast and download any necessary audio
software.

To participate, please call the following numbers ten minutes before the
call start time:

               Phone Number + 1 (877) 407-9205 (North America)
               Phone Number + 1 (201) 689-8054 (International)

A replay of the call will be available through Thursday, May 21, 2009, at
11:59 P.M. Eastern Daylight Time. For the replay, please call:

               Phone Number +1 (877) 660-6853 (North America)
               Phone Number +1 (201) 612-7415 (International)
               Account Number: 286
               Conference ID Number: 323305

About Shengtai Pharmaceutical, Inc.

Shengtai Pharmaceutical, Inc. through its wholly owned subsidiary,
Shengtai Holding, Inc. (SHI), and the Chinese operating company of Weifang
Shengtai Pharmaceutical Co., Ltd., is a leading manufacturer and supplier of
pharmaceutical grade glucose used for medical purposes. It also manufactures
and supplies glucose and cornstarch products to the food, beverage and
industrial production industries in China.

Forward-looking Statements

Certain statements made in this news release, may contain forward-looking
statements concerning the Company’s business and products. These statements
include, without limitation, statements regarding our ability to prepare the
Company for growth, future increases in market demand, possible increases in
our market share and predictions and guidance relating to the Company’s future
financial performance. We have based these forward-looking statements largely
on our current expectations and projections about future events and financial
trends that we believe may affect our financial condition, results of
operations, business strategy and financial needs, but they involve risks and
uncertainties that could cause actual results to differ materially from those
in the forward-looking statements, which may include, but are not limited to,
such factors as unanticipated changes in product demand especially in the
pharmaceutical industry, pricing and demand trends for the Company’s products,
changes to government regulations, risk associated with operation of the
Company’s new facilities, risk associated with large-scale implementation of
the Company’s business plan, the ability to attract new customers, ability to
increase our products’ applications, cost of raw materials, downturns in the
Chinese and world economy, and other information detailed from time to time in
the Company’s filings and future filings with the United States Securities and
Exchange Commission. Investors are urged to consider these factors carefully
in evaluating the forward-looking statements herein and are cautioned not to
place undue reliance on such forward-looking statements, which are qualified
in their entirety by this cautionary statement. The forward-looking statements
made herein speak only as of the date of this press release and the Company
undertakes no duty to update any forward-looking statement to conform the
statement to actual results or changes in the Company’s expectations.

    For more information, please contact:

    Shengtai Pharmaceutical, Inc.
     Ms. Yiru Melody Shi
     Chief Financial Officer
     Email: shengtaicfo@hotmail.com

    Grayling
     Eddie Cheung
     Investor Relations
     Tel:   +1-646-284-9414
     Email: eddie.cheung@us.grayling.com

SOURCE Shengtai Pharmaceutical, Inc.


Source: newswire