CH Lighting International Reports 42.9% Increase in Second Quarter Revenues Compared to the Same Period Last Year

Mon May 17, 2010 9:01am EDT

* Reuters is not responsible for the content in this press release.

  SHANGYU CITY, CHINA, May 17 (MARKET WIRE) -- 
CH Lighting International Corporation (OTCBB: CHHN), a leading designer
and manufacturer of a wide variety of florescent lighting products and a
leader in China in the special light source market, said an improving
global economy helped boost revenues in its second quarter ended March
31, 2010.

    As reported by the Company, revenues in the second quarter ended March 31,
2010 increased 42.9% to $11,982,000, compared to $8,385,000 in the same
period in the prior year. However, net income in the second quarter
declined to $327,000 from $476,000 in the same period last year, mainly
reflecting a decrease in government subsidies (for the sale of energy
saving lighting) as well as increased costs for raw materials and higher
spending for R&D for product plans in 2010.

    For the six months ended March 31, 2010, the Company reported revenues
increased 7.83% to $28,656,000, from $26,574,000, in the same period in
the prior fiscal year. However, net income declined 87% to $565,000 from
$4,387,000 in the same period in the prior year, as government subsidies
decreased from $4,283,000 to $1,870,000.

    Mr. Zhao Guosong, Chairman of the Board, President and CEO of the Company,
stated, "We experienced growth in revenues in our second quarter, as the
global economic turnaround positively affected our business and global
sales in the period increased. We are continuing to develop high tech,
environmentally friendly lighting products for consumers around the world,
and believe there are substantial growth opportunities abroad as well as
in China if the world economy strengthens further and concerns about
energy conservation continue to escalate."

    About the Company

    Based in Shangyu City, China, CH Lighting International Corporation,
founded in 1994, is a diversified designer, manufacturer and exporter of
more than 1,000 types of fluorescent lighting and related products. It is
the leader in China in environmentally friendly special lighting products
such as Air Cleaning Lamps, Power Saving Lamps and Plant Growth, Vision
Improvement and Performance Improvement Lighting Products. Additionally,
its General Light Products, which account for approximately 8% of China's
linear fluorescent lamp manufacturing, make it the third largest
manufacturer of these products in the country. While exports of the
Company's products around the world have grown in recent years, it has
increased its focus on domestic sales, encouraged and supported by
government policies aimed at reducing power consumption and improving the
environment. Additional product information is available at
http://chlighting.com.

    "Safe Harbor" Statement under the Private Securities Litigation Reform Act
of 1995:

    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 to be
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 U.S. Securities and Exchange Commission from. In addition,
the company disclaims any obligation to update any forward-looking
statements to reflect events or circumstances after the date hereof.




                            CH LIGHTING INTERNATIONAL CORPORATION
                        (FORMERLY SINO-BIOTICS, INC.) AND SUBSIDIARIES
                          CONDENSED CONSOLIDATED STATEMENTS OF INCOME
                                  AND COMPREHENSIVE INCOME
                                          (UNAUDITED)

                           Three Months Ended         Six Months Ended
                               March 31,                 March 31,
                        ------------------------  ------------------------
                            2010         2009         2010         2009

(In thousands except
 net income per share
 and number of shares)

REVENUES                $    11,721  $     7,194  $    26,786  $    22,291
REVENUES FROM
 GOVERNMENT SUBSIDIES           261        1,191        1,870        4,283

TOTAL REVENUES               11,982        8,385       28,656       26,574

COST OF SALES                (9,073)      (6,123)     (22,494)     (17,110)

GROSS PROFIT                  2,909        2,262        6,162        9,464

Selling, marketing and
 distribution expenses         (691)        (619)      (1,310)      (2,473)
General and
 administrative
 expenses                      (970)        (822)      (2,643)      (2,049)

TOTAL OPERATION
 EXPENSES                    (1,661)      (1,441)      (3,953)      (4,522)

INCOME FROM OPERATIONS        1,248          821        2,209        4,942

Amortization of
 discount on notes
 receivable                     468            -          985            -
Interest income                 147          610          413        1,853
Interest expense             (1,446)      (1,004)      (2,907)      (2,092)
Other government
 subsidies                       29            3           63          196
Other (expenses) income         (25)          10          (29)          20
                        -----------  -----------  -----------  -----------

INCOME BEFORE INCOME
 TAXES                          421          440          734        4,919

Income tax (expense)
 benefit                        (94)          36         (169)        (532)

NET INCOME                      327          476          565        4,387

OTHER COMPREHENSIVE
 INCOME

Foreign currency
 translation gain, net
 of tax                           -           34           78           37

COMPREHENSIVE INCOME    $       327  $       510  $       643  $     4,424

NET INCOME PER SHARE
 ATTRIBUTABLE TO
 CONTROLLING INTEREST,
 BASIC AND DILUTED      $     0.003  $     0.004  $     0.005  $     0.037

WEIGHTED-AVERAGE
 SHARES OUTSTANDING,
 BASIC AND DILUTED      120,000,000  120,000,000  120,000,000  120,000,000
                        ===========  ===========  ===========  ===========

    


CONTACTS:

Mr. Zhao Guosong
President, CEO
Tel: 86 575 8212 7538
CEO@chlighting.com

Mr. Eric Huang
Chief Financial Officer
erichuang22@hotmail.com

Ken Donenfeld
donfgroup@aol.com
Tel: 212-425-5700
Fax: 646-381-9727

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