China Shenghuo Pharmaceutical Holdings, Inc. (CKUN)
OTOTC · Common · CUSIP 16941X105
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Security Profile

Security Type
Common Stock
CUSIP
16941X105
Previous Symbol
KUN (changed 5/10/2012)
Business: China Shenghuo Founded in 1995, is primarily engaged in the research, development, manufacture, and marketing of Sanchi-based medicinal and pharmaceutical, nutritional supplement and cosmetic products. Through their subsidiary, Kunming Shenghuo Pharmaceutical (Group) Co., Ltd., they own thirty SFDA (State Food and Drug Administration) approved medicines, including the flagship product Xuesaitong Soft Capsules, which is currently being listed in the 2010 Provincial Insurance Catalogue of sixteen provinces around China. At present, China Shenghuo incorporates a sales network of agencies and representatives throughout China, which markets Sanchi-based traditional Chinese medicine to hospitals and drug stores as prescription and OTC drugs primarily for the treatment of cardiovascular, cerebrovascular and peptic ulcer disease. The Company also exports medicinal products to Asian countries such as Indonesia, Singapore, Japan, Malaysia, and Thailand and to European countries such as the United Kingdom, Tajikistan, Russia and Kyrgyzstan.
Notes: May 16, 2013 -- Company Going Private; 1-380,000 R/S whereby fractional shares will be cashed out at $0.16 per pre-split share. April 20, 2012 -- China Shenghuo Pharmaceutical Holdings, Inc. (NYSE Amex LLC: KUN), today announced that on April 17, 2012, it received a deficiency letterfrom the NYSE Amex LLC stating that the Company has resolved the continued listing deficiency with respect to Section 1003(a)(i) of the AMEX’s Company Guide referenced in AMEX’s letter dated September 22, 2010. However, as a result of the Company sustaining losses which are so substantial in relation to its overall operations or its existing financial resources, or its financial condition has become so impaired that it appears questionable, in the opinion of AMEX, as to whether such issuer will be able to continue operations and/or meet its obligations as they mature, the Company is no longer in compliance with Section 1003(a)(iv) of the Company Guide. The Deficiency Letter states that, in order to maintain its AMEX listing, the Company must submit a plan of compliance by May 1, 2012, advising AMEX how it intends to regain compliance with Section 1003(a)(iv) of the Company Guide by July 2, 2012. If the Company does not submit such a plan or if the plan is not accepted by AMEX, the Company would be subject to delisting procedures as set forth in Section 1010 and part 12 of the Company Guide. In view of, among other things, the belief of the Board of Directors that under the Company’s current circumstances, it is not reasonably practicable for the Company to establish and implement a plan of compliance that would satisfy AMEX’s continued listing requirements, the substantial financial burden on the Company as a result of its status as a U.S. public company, the Company’s inability to raise capital in the United States and the minimal benefits derived from being a U.S. public company, the Board of Directors of the Company determined on April 19, 2012 that it is in the best interest of the Company to voluntarily delist the Company’s common stock from AMEX and deregister its shares with U.S. Securities & Exchange Commission (the “SEC”). In connection therewith, the Company notified AMEX on April 20, 2012 of the Company’s intention to file a Form 25 - Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”), with the SEC on or about April 30, 2012. It is expected that the delisting will take effect on or about May 10, 2012. Accordingly, the Company expects that the last day of trading of its common stock on AMEX will be on or about May 10, 2012. On the effective date of the delisting, the Company plans to file a Form 15 with the SEC to suspend its duty to file reports under Section 15(d) of the Exchange Act. Upon filing of the Form 15, the Company's obligation to file certain reports with the SEC, including reports on Forms 10-K, 10-Q and 8-K, will immediately be suspended. After the Company has filed the Form 15, its common stock is anticipated to be available for trading on the OTC Pink Sheets, although there can be no assurances that any trading market for the Company's securities will exist, and the liquidity of such trading market may be very limited.

Company Contact

CEO
Feng Lan
CFO
Raymond Wang
Investor Relations
susanwang808@163.com
SEC EDGAR Filings
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