China SHESAYS Opens New Clinics in Leshan and Yibin Cities
Medical Cosmetology Inc. (OTC Bulletin Board: CSAY) (“China SHESAYS” or the
“Company”), which operates a chain of specialized medical cosmetology
hospitals, clinics and skincare centers in
that it has recently opened two new outpatient clinics in Leshan and Yibin
The Leshan and Yibin clinics, opened on
respectively, are both directly operated by the Company’s flagship hospital in
meter clinic in Leshan and the 822-square-meter clinic in Yibin primarily
provide a range of customized services including medical cosmetology, cosmetic
surgery, cosmetic dentistry, and cosmetic dermatology. The newly opened
clinics adhere to a premium service concept that focuses on minimally invasive
surgery to fully integrate daily cosmetic procedures with medical treatment.
The Company has so far incurred capital expenditures of
of the newly opened clinics and expects to invest an additional
equipment in each clinic in the upcoming year. When operating at full capacity,
the Company expects the Leshan and Yibin clinics to each accommodate 10,000
patients a year.
“We are excited about opening new clinics in additional Tier II cities in
of clinics and hospitals, thereby expanding our presence in these
underdeveloped markets,” said Mr.
Officer of China SHESAYS. “The new clinics in Leshan and Yibin, though smaller
than our existing flagship hospital, are expected to contribute a total of
income in fiscal 2011. We look forward to bringing our world-class procedures
and technologies to a broad customer base in these cities, while creating
great opportunities for revenue and profit growth.”
About China SHESAYS Medical Cosmetology Inc.
China SHESAYS, founded in 2005, operates a chain of specialized medical
cosmetology hospitals, clinics and skincare centers in
Company has a full range of services including cosmetic surgery, cosmetic
dermatology, cosmetic dentistry, and cosmetic Traditional Chinese Medicine
(“TCM”). Headquartered in
growing cosmetology businesses in
cosmetology hospital chains in
receives more than 20,000 patients each year. For more information, contact
CCG Investor Relations or visit China SHESAYS’ website at
About CCG Investor Relations
CCG is one of the nation’s leading investor relations and strategic
communications agencies. In business for more than 30 years, the agency
provides a complete range of investor communications and counseling services
to nearly 80 clients across multiple capital markets. CCG has been awarded a
number of industry honors for its handling of complex investor relations and
crisis communications matters. The agency’s corporate headquarters is in
Company’s web sites at http://www.ccgir.com and http://www.ccgirasia.com .
Safe Harbor Statements
This press release contains forward-looking statements made under the
“safe harbor” provisions of the U.S. Private Securities Litigation Reform Act
of 1995. Such forward looking statements are based upon the current plans,
estimates and projections of China SHESAYS’ management and are subject to
known and unknown risks and uncertainties, which could cause actual results to
differ materially from the forward looking statements. Such statements include,
but are not limited to, those concerning market and industry segment growth
and demand and acceptance of new and existing products; any projections of
sales, earnings, revenue, margins or other financial items; any statements of
the plans, strategies and objectives of management for future operations; any
statements regarding future economic conditions or performance; uncertainties
related to conducting business in
expectations, hopes, beliefs, predictions, and intentions about future events.
Therefore, you should not place undue reliance on these forward-looking
statements. The following factors, among others, could cause actual results to
differ from those set forth in the forward-looking statements: business
regulatory changes, availability of capital, the Company’s ability to maintain
its competitive position as well as other relevant risks, including but not
limited to risks outlined in the Company’s periodic filings with the U.S.
Securities and Exchange Commission. Accordingly, although the Company believes
that the expectations reflected in such forward-looking statements are
reasonable, there can be no assurance that such expectations will prove to be
correct. China SHESAYS does not assume any obligation to update the forward-
looking information contained in this press release.
For more information, please contact: Company Contact: Ms. Wenbin Zhu, Chief Financial Officer China SHESAYS Medical Cosmetology Inc. Tel: +86-135-1816-1269 Email: email@example.com Web: http://www.xichan.cn Investor Relations Contact: CCG Investor Relations Crocker Coulson, President Tel: +1-646-213-1915 Email: firstname.lastname@example.org Linda Salo, Senior Financial Writer Tel: +1-646-922-0894 Email: email@example.com Web: http://www.ccgir.com
SOURCE China SHESAYS Medical Cosmetology Inc.