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April 21, 2009

 

Sanyuan launches new formula products after Sanlu's assets acquisition

 
 

Sanyuan Group has launched new milk powder products since purchasing the core assets of Sanlu Group, the bankrupt dairy company responsible for last year's contaminated milk scandal.

 

The products, which include a baby formula named ''Sanyuan Aixin'' and an adult formula called ''Sanyuan Aiyi'', are the first batch of new formula products the company manufactured after Sanlu's milk scandal.

 

The company has delivered goods to wholesalers in 13 provinces since Sunday (Apr 19), Gao Qingshan, general manger of Hebei Sanyuan Foods Co Ltd, a subsidiary of the Beijing Sanyuan Foods Co Ltd said Monday (Apr 20).

 

Sanyuan Group bought Sanlu's core assets for RMB616.5 million (US$90.2 million) at an auction on March 4.

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