HENDERSON, NEVADA--(Marketwire - 01/12/11) - Hiru Corporation (PINK SHEETS:HIRU - News) (www.hirucorporation.com) subsidiary Jiangxi Shaungshi AHP announce that the company invested additional funds to expand company's R&D, and changed the name of its R&D from Jiangxi Shaungshi Research Institute has changed its name to Jiangxi Shaungshi Research Center.
Since its inception, Jiangxi Shuangshi R&D has developed a large number of market-oriented veterinary drugs which have been well-received by farmers, and the company plan to develop several new products to introduce to the China's vaccine market. The name change of Shaungshi Research Institute was necessary to reflect the company's and institute's recent growth and the additional investment.
As a main part of this expansion of Jiangxi Shaungshi Research Center, the company invested additional funds into its R&D Center, and purchased of new testing equipment and instruments worth 3 million RMB (Approximately $450,000 USD). Jiangxi Shaungshi believes that the company's Research Center represents the future of Jianxi Shuangshi AHP on the Chinese vaccine market, and expects this investment to return in the form of new research achievements and development of new, market-oriented veterinary drugs.
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