Sinovac Biotech Ltd. Listed on Halter USX China Index.BEIJING -- Sinovac Biotech Ltd. ("Sinovac") ("the Company") (AMEX AMEX See: American Stock Exchange :SVA SVA School of Visual Arts SVA Severe (Thunderstorm) Advisory SVA Statens Veterinärmedicinska Anstalt (National Veterinary Institute, Sweden) SVA Shareholder Value Added ) is pleased to announce that its securities has been listed on the Halter USX USX US Steel (Corporation) USX Static Mesh Package (Unreal game file type) USX US Cents (Currency) China Index (HXC HXC Hardcore HXC Halter USX China Index HXC Hydrogen Extraction Column HXC Hierarchical Cross-Connect ), the only index in the world devoted exclusively to US-listed securities of companies that derive the majority of their revenues from the People's Republic of China. Sinovac joins many of China's largest and most respected companies on this prestigious index. In addition, the Company has received queries about the recent fluctuation of its shares price. Sinovac management is unaware of any material change in the affairs of the Company which would account for the recent price fluctuation. Management believes that recent price fluctuations are generally market-related and not related to corporate or business matters of the Company. About the Halter USX China Index The Index, created by the Halter Financial Group and calculated and distributed by the Amex, is comprised of companies whose common stock is publicly traded in the United States and the majority of whose business is conducted within the People's Republic of China. The Halter USX China Index was created in response to the unique economic opportunities taking place in China, as well as the current dynamics in the United States capital United States capital may mean:
See: New York Stock Exchange , Amex or NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on and be approved by USX Selection Committee. Investors can buy the Index by investing in an exchange traded fund Exchange Traded Fund Similar to an index mutual fund, these tracking stocks trade continuously. Two popular ETFs are the Standard and Poor's depositary receipt (SPDR) launched in 1993 and the NASDAQ-100 Index Tracking Stock (QQQ) which was launched in 1999. (ETF ETF See Exchange Traded Fund. ETF See exchange-traded fund (ETF). ), the PowerShares Golden Dragon Halter USX China Portfolio (PEAK, Trade). For more information please visit www.usxchinaindex.com. The following public companies currently comprise the Halter USX China Index: Company Name Symbol Petrochina Co Ltd Adr PTR China Mobile(hong Kong)ads CHL Cnooc Ltd Ads CEO China Unicom Ads CHU China Petrol & Chem Ads SNP China Telecom Ads CHA China Life Insurance Ads LFC Semiconductor Mfg Intl Ads SMI Shanda Interactive Enter Ads SNDA Utstarcom Inc UTSI Huaneng Power Intl Ads HNP Aluminum Corp of China Ads ACH Yanzhou Coal Mining Ads YZC Netease.com Inc Ads NTES Sina Corp SINA 51Job Inc. JOBS Sinopec Shanghai Petrochem Ads SHI Nam Tai Electronics NTE Brilliance China Automotive Ad CBA Tom Online Ads TOMO Ctrip.com Intl Ads CTRP Sohu.com Inc SOHU Guangshen Railway Ads GSH Sinopec Beijing Yan Petr'h'ads BYH China Southern Airlines'h'ads ZNH chinadotcom corp CHINA China Yuchai Intl CYD China Eastern Airlines Ads CEA Jilin Chemical Ind Ads JCC Intac Intl INTN KongZhong Corp KONG Webzen Inc Ads WZEN China Automotive Sys CAAS Asiainfo Holdings ASIA eLong Inc. LONG Deswell Industries DSWL China Finance Online JRJC Linktone Ltd Ads LTON Asat Holdings Ads ASTT Radica Games RADA Qiao Xing Universal Tel XING Sinovac Biotech Ltd. SVA Pacificnet Inc. PACT About Sinovac Biotech Ltd. Sinovac Biotech Ltd. specializes in the research, development, commercialization, and sales of human vaccines for infectious illnesses such as hepatitis A Hepatitis A Definition Hepatitis A is an inflammation of the liver caused by a virus, the hepatitis A virus (HAV). It varies in severity, running an acute course, generally starting within two to six weeks after contact with the virus, and lasting no and hepatitis B Hepatitis B Definition Hepatitis B is a potentially serious form of liver inflammation due to infection by the hepatitis B virus (HBV). It occurs in both rapidly developing (acute) and long-lasting (chronic) forms, and is one of the most common chronic , influenza, "SARS", and avian flu. Sinovac is one of the leading emerging biotechnology companies in China. Sinovac has three vaccines that have completed all three phases of clinical trials - Hepatitis A, Hepatitis A&B combined, and influenza (flu). The Hepatitis A vaccine Hepatitis A Vaccine, Avaxim, is a vaccine against the Hepatitis A virus. The vaccine protects against the virus in more than 95% of cases and provides protection from the virus for ten years. , Healive(TM), is currently experiencing strong sales growth in China and applications have been filed for its sale in nine other countries to date. Sinovac's Hepatitis A&B combined vaccine, Bilive(TM), is expected to receive approval to commence sales in China soon and to achieve similar sales growth to Healive(TM). The flu vaccine completed clinical trials in April 2004 and a New Drug Application has been filed with the SFDA SFDA State Food and Drug Administration (China) SFDA Saudi Food & Drug Authority (Chinese FDA FDA abbr. Food and Drug Administration FDA, n.pr See Food and Drug Administration. FDA, n.pr the abbreviation for the Food and Drug Administration. ). Approval of Sinovac's flu vaccine is expected in 2005 upon completion of the flu vaccine production line. Since demand for a safe and effective flu vaccine in China greatly outstrips supply, sales are expected to escalate rapidly. Furthermore, since individuals are vaccinated against the flu on an annual basis, demand will remain high every year. Sinovac is currently the only company in the world to be conducting clinical trials for a vaccine to prevent SARS. The Company is also developing a vaccine targeting avian flu in partnership with the China Center of Disease Control (CDC See Control Data, century date change and Back Orifice. CDC - Control Data Corporation ). For further information please refer to the Company's filings with the SEC on EDGAR Edgar or Eadgar (both: ĕd`gər), 943?–975, king of the English (959–75), son of Edmund, king of Wessex. In 957 the Mercians and Northumbrians rebelled against Edgar's brother Edwy and chose Edgar as their king. or refer to Sinovac's website at www.sinovac.com. If you would like to receive regular updates on Sinovac please send your email request to info@sinovac.com. THIS NEWS RELEASE MAY INCLUDE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, WITH RESPECT TO ACHIEVING CORPORATE OBJECTIVES, DEVELOPING ADDITIONAL PROJECT INTERESTS, SINOVAC'S ANALYSIS OF OPPORTUNITIES IN THE ACQUISITION AND DEVELOPMENT OF VARIOUS PROJECT INTERESTS AND CERTAIN OTHER MATTERS. THESE STATEMENTS ARE MADE UNDER THE "SAFE HARBOR" PROVISIONS OF THE UNITED STATES PRIVATE SECURITIES LITIGATION REFORM ACT The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and OF 1995 AND INVOLVE RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE IN THE FORWARD-LOOKING STATEMENTS CONTAINED HEREIN. |
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