AOBO Wins Two Awards in Chinese Sales and Marketing Competition
BEIJING, Aug 26, 2004 /PRNewswire-FirstCall via COMTEX/ -- American Oriental Bioengineering, Inc. today announced that AOBO and Lily Li, AOBO Chief Operating Officer and Director of Business Development, received sales and marketing awards from The Golden Phoenix Competition in China. The competition, organized by media institutions including China Business, China Sales and Market Magazine, China Pharmaceutical News, Pharmaceutical Economic News and Sina.com, announced six awards on August 23, 2004 based on revenue, net profit, market share, successful case studies, sales and marketing strategy, and consumer recognition.
Following competition among Chinese pharmaceutical companies and executives, AOBO was named Best Chinese Institution for Sales and Marketing Strategy, and Li was named Most Effective Chinese Entrepreneur in Sales and Marketing. The awards will be presented at an official ceremony at the China Millennium Monument in Beijing on August 28, 2004.
"We are very pleased with this prestigious recognition of AOBO's and Lily Li's success in developing and implementing effective strategies and programsthat demonstrated the highest standards in marketing and sales," said Shujun Liu, Chief Executive Officer of American Oriental Bioengineering, Inc. "Our commitment to effective marketing in China and abroad improves our sales performance and provides higher returns to our shareholders."
The first Golden Phoenix event has garnered significant interest in China among sales and marketing executives, the media, and the Chinese government.
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