HENDERSON, NEVADA--(Marketwire - 03/04/11) - Hiru Corporation (PINK SHEETS:HIRU - News) (www.hirucorporation.com) subsidiary Jiangxi Shuangshi Animal Health Products Co. and its Jiangxi Tianyun Agricultural Development Co., Ltd. are expanding into the poultry market by building a farm to raise chickens. Jiangxi Tianyun Agricultural Development Co., Ltd. focuses on executing Shuangshi's agricultural and animal husbandry expansion, and feels that poultry is a lucrative market right now.
China's poultry industry has increased exponentially over the last two decades. The rise in poultry consumption is due to rising incomes and the lower cost of poultry products. According to China's Ministry of Statistics, the poultry consumption alone increased from 7.5 pounds per capita in 1990, to 18.3 pounds per capita in 2006, a spike of 244% in China's cities, while in the urban areas it increased from 2.75 pounds per capita in 1990 to 7.7 pounds per capita in 2006, an increase of 281%, and this growth trend is expected to continue.
Jiangxi Tianyun Agricultural Development Co., Ltd. focuses on execution of Shuangshi's agricultural/animal husbandry expansions, securing company's diversity and steady growth. HIRU management is pleased with the expansion of its subsidiary and looks forward to future developments.
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Information in this news release may contain statements about future expectations, plans, prospects or performance of Hiru Corporation that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be," "expects," "may affect," "believed," "estimate," "project" and similar words and phrases are intended to identify such forward-looking statements. Hiru Corporation cautions you that any forward-looking information provided by or on behalf Hiru Corporation is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Hiru Corporation's actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Hiru Corporation's control. In addition to those discussed in Hiru Corporation's press releases, public filings, and statements by Hiru Corporation's management, including, but not limited to, Hiru Corporation's estimate of the sufficiency of its existing capital resources, Hiru Corporation's ability to raise additional capital to fund future operations, Hiru Corporation's ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Hiru Corporation's capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Hiru Corporation does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
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