LOS ANGELES, Dec. 20, 2006 (PRIME NEWSWIRE) -- Sunnylife Global, Inc. (Pink Sheets:SNYL) released comments today on the execution of the Company's Business Plan in 2006. Richard Lo, President, held a meeting on December 10th with key management and directors to report on 2006 operational results. In his opening remarks, Mr. Lo said: "After the sweat, the smile of success will follow."
Following is text of his message:
"Since its inception, Sunnylife Global, Inc.'s goal has been to improve the health of the people of China by revolutionizing its health care system. By following this concept, our company has continued to execute the following projects: the establishment of the World Friendship Hospital Group; the ground-breaking ceremony of 'Garden of the Silver'; the opening of branch offices overseas, acquisition of the 10 patented health food permits, joint-venture with Shandong Pharmaceutical Company; and the opening of the independent retail outlets in China.
"Xiang Tan World Friendship Hospital is the first U.S.-China joint-ventured hospital in over 100 years and has been approved by the Chinese Government. Xiang Tan World Friendship Hospital, which is joint-ventured by Sunnylife Global, Inc. and Xiang Tan Li Yuan Hospital, owned by Xiang Tan Electrical Manufacturing Group, Inc., Ltd., is the first general hospital in China to meet the international standard. This symbolized a milestone in China's history, because Sunnylife established a new pattern for Chinese-owned hospitals. On May 10th a Hospital Turnover Ceremony was hosted by Mr. Richard Lo, Chairman of Sunnylife Global and the Governor of Hunan Province. Mr. Lo's reception was well reported in the local networks, as well as on the front page of the Business Section of the Los Angeles Times in the U.S.A.
"China's population is rapidly aging. How to take care of the elders has become a serious social problem for the Chinese Government. To solve this problem, Sunnylife Global has designed an assisted living care plan called 'Garden of the Silver' and joint-ventured with Bautou's Xin Te Xin Sheng Tai Yuan Company. On October 8th Sunnylife Global joint-ventured with Bautou's Xin Te Xin Sheng Tai Yuan Company. A spectacular ground-breaking ceremony was also held on the same date. The project will be constructed in 3 phases, and is expected to be completed in 2008. It will provide facilities with equipment to meet international standards for the elder generation in China. It is a multi-faceted assisted living community which will include a residential area, a healthcare/habitation center, a recreation center and a shopping center of specialty stores.
"In August, 2006 Sunnylife Global signed a joint-ventured agreement with Shandong Luyin Pharmaceutical Co. Shandong Pharmaceutical Co. was founded in 2001 with a focus on the development and manufacture of Chinese herb medication and biotechnology. The Company received its GMP from the Chinese Government in April and currently has 17 approved legal dosage medicinal products. Through this long-term cooperation, Sunnylife Global, Inc. and Shandong Pharmaceutical Co. will offer the latest production and manufacturing technology, management systems and new product lines, and will contribute to the China-U.S. joint-ventured World Friendship Hospital Group high quality medicine, and a model that will build a platform for China-U.S. medical industries to benefit from their joint-ventured investments.
"In September 2006, Sunnylife Global, Inc. opened branch offices in Taiwan and in Zhongshan City in China. Taiwan is recognized as one of the best technological research centers in the world. The biotechnology, pharmaceutical and medical apparatus industries make up the key industries in Taiwan. Based on a 2004 industry analysis report, the number of work force in these fields in 2004 was more than 35,000 and the domestic demand was US$5.9 billion. The Taiwan branch office will become Sunnylife Global's network in the biotechnological industry. In 2004, Zhongshan City's GDP reached US$8.14 billion. It has attracted investments into production facilities from countries all over the world, making the city dominant in OEM production bases. In addition to Sunnylife's relationship with Zhongshan Securities, the decision by the Company to open offices in Zhongshan City resulted from a marketing study which showed that Sunnylife is expected to benefit significantly from cooperative agreements with the OEM manufacturers for production of its proprietary products.
"In the same month, Sunnylife Global was granted an official Health Food Permit No. 430300000168 for its ten U.S patented supplement products. This will allow the Company to move forward with mass-production of these products and to make them available to members of the World Friendship Hospital as part of its Health Management System and as its first steps towards preventive medicine. The World Friendship Hospital is expected to be the platform for Sunnylife Global to introduce the supplements to China, and also bring the prophylaxis concept to Chinese citizens. Following, Sunnylife intends to introduce the approved patented supplement products for sale into the Chinese market for the general public in order to realize their full potential.
"Sunnylife Global has three independent retail outlets, namely, Happy CoCo, NuSeasons, and RainBow. Nine independent retail outlets were opened in November, 2006 in Harbin, China. These outlets acquire exclusive rights to sell Sunnylife's natural herbal healthcare products. The number of retail outlets is expected to grow to more than 200 in three years and to be in all the major cities of China.
"Sunnylife Global, Inc. possesses a powerful R&D Department, financial resource and a solid management concept. 2003 was our year of initiation, 2004 and 2005 were our years of planning, while 2006 is our year of execution. The Company worked toward and waited four years for the Central Government of China to approve and grant the necessary licenses for the Sino-U.S. joint-venture operation permits and other related regulatory documents. The journey has been long and arduous, but our vision has always been clear and firm. Finally we have managed to obtain all official documents and licenses, and our dream has become a reality. We strongly believe that 2007 will be a very rewarding year for our investors."
About Sunnylife Global
Sunnylife Global, Inc. has developed a Health Management System (HMS) in conjunction with the Chinese Government Authorities that will result in delivering superior quality health care management to its members. The Company is in multiple joint-venture agreements with the World Friendship Hospital Group to renovate and revitalize China's older hospital facilities in order to meet the current International standard. Sunnylife has developed the HMS to meet that standard and is planning to launch in the very near future. In addition, the Company has patented natural, environmentally safe and economically affordable products which it plans to introduce to Chinese consumers through seven different joint venture licensees in China. Sunnylife represents an organization staffed with professional experts in product research, quality acceptance testing, and market development for service to China and the global markets. For more information, please visit www.sunnylifeglobal.com.