China’s American Dairy Inc. Changes Corporate Name to Feihe International, Inc.

Byline: Benzinga Staff American Dairy Changes Corporate Name to Feihe International, Inc. PR Newswire BEIJING and LOS ANGELES, Oct. 13 BEIJING and LOS ANGELES, Oct. 13 /PRNewswire Asia-FirstCall/ -- American Dairy, Inc. (NYSE:ADY; the “Company”), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced that, at theCompany’s annual meeting on October 12, 2010, shareholders approved an amendment to the Company’s Articles of Incorporation to change itscorporate name to “Feihe International, Inc.” Promptly following theapproval, the Company filed Articles of Amendment with the state of Utah to implement the change in name. The change in name is effectiveimmediately but the Company’s ticker symbol will remain “ADY.”

13 /PRNewswire Asia-FirstCall/ -- American Dairy, Inc. (NYSE:ADY; the “Company”), one of the leading producers and distributors of premium infant formula, milk powder and soybean, rice and walnut products in China, today announced that, at the Company’s annual meeting on October 12, 2010, shareholders approved an amendment to the Company’s Articles of Incorporation to change its orporate name to “Feihe International, Inc.”

Promptly following the approval, the Company filed Articles of Amendment with the state of Utah to implement the change in name. The change in name is effectiveimmediately but the Company’s ticker symbol will remain “ADY.”

Mr. Leng You Bin, the Company’s Chairman and Chief Executive Officer, stated, “We are excited to announce the completion of the change in our corporate name to Feihe International, Inc. Our new name better reflects our renowned Feihe brand and our exclusive focus on the Chinese consumer market. The change to Feihe International, Inc. more closely links our corporate name and identity to our business strategies and operations, and we believe the new name will allow us to tell our story more effectively.”

About Feihe International, Inc.

Feihe International, Inc. ( NYSE:ADY ) is one of the leading producers and distributors of premium infant formula, milk powder, and soybean, rice and walnut products in the People’s Republic of China. Feihe International conducts operations in China through its wholly owned subsidiary, Feihe Dairy, and other subsidiaries. Founded in 1962, Feihe Dairy is headquartered in Beijing, China, and has processing and distribution facilities in Kedong, Qiqihaer, Baiquan, Gannan, Longjiang, Shanxi, and Langfang.

Using proprietary processing techniques, Feihe International makes products that are specially formulated for particular ages, dietary needs and health concerns. Feihe International has over 200 company-owned milk collection stations, two dairy farms,seven production facilities with an aggregate milk powder productioncapacity of approximately 1,250 tons per day and an extensive distribution network that reaches over 95,000 retail outlets throughout China.

For more information about Feihe International, please visit http://ady.feihe.com/ .

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