New 52-week High for First China (OTC:FCPG)

First China Pharmaceutical Group, Inc. (OTC:FCPG), a rapidly growing pharmaceutical distribution company headquartered in Yunnan, China, is pleased to announce the signing of three new agreements for the distribution of its growing inventory of over 5,000 medicinal and pharmaceutical product lines to a number of hospitals located in areas that mark significant penetration into new regions of China.

Shares of First China hit a new 52-week high of $1.77 per share today on moderate volume of 305,000 shares. The company has a market cap of $80 million and a 52-week range between $0.80 and $1.77 per share.

First China Pharmaceutical Group, Inc. aims to develop a high growth pharmaceutical distribution company generating significant revenue from the sale of healthcare products in China. As part of its business strategy, the Company has acquired the assets of Kun Ming Xin Yuan Tang Pharmacies Co. Ltd. (XYT), which includes a strategic advantage over its competitors as it is believed to be one of a limited number of pharmaceutical distribution companies in Yunnan Province that has obtained government approval to fulfill orders over the internet.

First China Pharmaceutical Group plans to continue the rapid growth of the company from its current position as a provider of approximately 5,000 drugs to more than 4,700 pharmacies, hospitals and clinics in China's Yunnan Province. For more information visit: www.firstchinapharma.com

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