-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, WkdX+CInhi3G69UA2YB2L152ScKVpeLdFb0lU9sNhObEur4902+RZBN8HQ/CLiZ9 XZGmbrlvtVMNO6s/cEeyrg== 0001282826-07-000093.txt : 20070820 0001282826-07-000093.hdr.sgml : 20070820 20070820153613 ACCESSION NUMBER: 0001282826-07-000093 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20070820 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070820 DATE AS OF CHANGE: 20070820 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SUNWIN INTERNATIONAL NEUTRACEUTICALS, INC. CENTRAL INDEX KEY: 0000806592 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 562416925 FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-10456 FILM NUMBER: 071067856 BUSINESS ADDRESS: STREET 1: 6 YOUPENG ROAD CITY: QUFU, SHANDONG STATE: F4 ZIP: 273100 BUSINESS PHONE: (86) 537-4424999 MAIL ADDRESS: STREET 1: 6 YOUPENG ROAD CITY: QUFU, SHANDONG STATE: F4 ZIP: 273100 FORMER COMPANY: FORMER CONFORMED NAME: NETWORK USA INC DATE OF NAME CHANGE: 20000731 FORMER COMPANY: FORMER CONFORMED NAME: PACIFIC RESOURCES INC DATE OF NAME CHANGE: 19870605 8-K 1 suwn8k082007.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) August 20, 2007 ------------- SUNWIN INTERNATIONAL NEUTRACEUTICALS,INC. (Exact name of registrant as specified in its charter) Nevada 033-10456 56-2416925 ---------------------------- -------------------- ------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 6 Youpeng Road, Qufu, Shandong, China 273100 -------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (86) 537-4424999 (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): [ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Item 7.01 REGULATION FD DISCLOSURE On August 20, 2007, we issued a press release regarding a corporate update and our business outlook for fiscal year 2008. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in the press release attached hereto is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liability of that Section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits 99.1 Press Release dated August 20, 2007. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUNWIN INTERNATIONAL NEUTRACEUTICALS, INC. Date: August 20, 2007 By: /s/ Dongdong Lin -------------------------- Dongdong Lin Chief Executive Officer EX-99 2 ex991.txt Sunwin International Neutraceuticals Issues Corporate Update for Business Outlook for Fiscal Year of 2008 Qufu, China, August 20, 2007 - (Market Wire) - Sunwin International Neutraceuticals, Inc. (OTCBB: SUWN), a leader in the production and distribution of Chinese herbs, veterinary medicines and one of the world's leading producers and distributors of all natural, zero calorie Stevia in China, today announced management's recap of fiscal 2007 and its business outlook for fiscal year ended April 30, 2008. In the fiscal year 2007, we made significant capital investments for the future of our company and achieved several major milestones as follows: - - Completed $4.2 million private equity offering. - - Completed construction of new stevia manufacturing facilities. The new facilities will yield 1 ton of premium stevia (A360) per day or an estimated 300 tons per year. - - Launched and branded our OnlySweet product lines in the U.S. markets. OnlySweet products are currently available over 3,000 grocery stores in the U.S. - - Developed 5 new Chinese herb-based products. We anticipate these products will receive approval from the government for sale in China this fiscal year. - - Developed new veterinary feeds that are based on residue from stevia production. The new veterinary feeds will be ready for marketing in the 2008 fiscal year. We believe the deployment of our capital for investing in the future will yield significant rewards in the years to come for our company and its shareholders. We are confident that we have laid a strong foundation for substantial growth in the fiscal year of 2008. Management currently sees the following fiscal 2008 outlook for its divisions as follows: - Stevia Production: We expect to reach a production capacity of 500 to 600 tons of stevia in fiscal 2008. That translates to $15 to 18 million in annual revenues with an estimated 15% net profit margin should that production be sold out at current price levels. We are also in the early planning stages to increase capacity in fiscal 2008 by adding one additional facility capable of producing 150 tons (A380) stevia. When complete, that capacity if sold at current price levels, would translates into $12 million in annual revenues with 20% net profit margin. - OnlySweet Products: We expect OnlySweet products will be available in over 6,000 to 7,000 grocery stores in the U.S. during fiscal 2008. Initial sales response is very encouraging and we estimate that sales could reach as high as a $12 million annualized run rate by the end of fiscal 2008 subject to the timing of store launches and customer acceptance. We feel confident that profit margins for this line should be in the 30% range. - Veterinary Medicine and Feeds: We expect our medicines and feeds to experience growth of about 30% to approximately $4.2 million in revenues with 9% net profit in fiscal 2008. We expect to launch stevia-based veterinary feeds in the coming month and depending upon timing of launch and acceptance the revenue contribution could reach a run rate of $12 million by the end of this fiscal year with significantly higher gross margins. - Chinese Herb Medicine: We anticipate significant growth in this division subject to the timing of approvals in China. Growth from this division could be as high as 50% which could yield approximately $5.4 million in revenues with 10% net profit margins in the fiscal year should approvals and launches happen as we project. Laiwang Zhang, President, and Chairman of Sunwin International Neutraceuticals, commented "We have made strong financial commitments in fiscal 2007 which we believe will surface in the company's 2008 performance. While these investments contributed to a decline in our overall results for 2007, we are confident that they will significantly enhance our prospects for fiscal year 2008 and beyond. We continue to develop new products in order to expand our offerings in the market place and are confident that fiscal 2008 will be a strong year based on the decisions made in 2007." About Sunwin International Neutraceuticals, Inc. Sunwin International Neutraceuticals (OTCBB: SUWN) engages in the areas of essential traditional Chinese medicine, zero calorie natural sweetener (Stevia), and veterinary medicines and feeds prepared from herbal ingredients. As an industry leader in agricultural processing, Sunwin has built an integrated global firm with the sourcing and production capabilities to meet the needs of consumers throughout the world. Sunwin also makes such value-added products as specialty veterinary food ingredients and specialty feed ingredients. For more info about Sunwin, please visit http://www.sunwin.biz About OnlySweet(TM) OnlySweet(TM) is a proprietary product blended with Stevioside (stevia), a natural sweetener, extracted from the leaves of the Stevia rebaudiana plant. OnlySweet(TM) is distributed through Sunwin Stevia International Corp. It is used as a food additive in a wide variety of products, such as beverages, pastries, dairy products, confections, and medicinal products in Japan, China, Malaysia, Israel, South Korea, Brazil, and other countries. In the United States, OnlySweet(TM) is a dietary supplement sold in boxes of 100 and 200 sachets. It has zero calories and does not significantly alter blood sugar levels. OnlySweet(TM) is unique because its stevia only comes directly from Sunwin International Neutraceuticals (OTCBB: SUWN), one of the world's largest stevia manufacturers, assuring consistency and purity. Safe Harbor Statement This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on current expectations or beliefs, including, but not limited to, statements concerning the Company's operations, financial performance and, condition. For this purpose, statements that are not statements of historical fact may be deemed forward-looking statements. The Company cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, but not limited to, the impact of competitive products, pricing and new technology; changes in consumer preferences and tastes; and effectiveness of marketing; changes in laws and regulations; fluctuations in costs of production, and other factors as those discussed in the Company's reports filed with the Securities and Exchange Commission from time to time. In addition, the company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof. CONTACT: Sunwin International Neutraceuticals Tel: 877-China-57 Email: info@sunwin.biz -----END PRIVACY-ENHANCED MESSAGE-----