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Happiness Biotech Begun Production of Daily Protective Masks
NANPING, China, March 17, 2020 /PRNewswire/ -- Happiness Biotech Group Limited (the "Company" or Nasdaq: HAPP), an innovative China-based nutraceutical and
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[{"type":"text","content":"NANPING, China, March 17, 2020 /PRNewswire/ -- Happiness Biotech Group Limited (the \"Company\" or Nasdaq: HAPP), an innovative China-based nutraceutical and dietary supplements producer, announced today that the Company has begun production of daily protective masks. \nDue to the shortage of melt-blown non-woven fabric (\"Melt-blown Fabric\"), the production capacity of masks in China is still very constrained. Through various methods, the Company found a steady source of Melt-blown Fabrics and started the production of masks. The production capacity is still limited for now, but we are expecting to reach the capacity of 500,000 masks per week starting from next week. \n\"We have started producing disinfectants with our existing equipment and workshops since this February. Now that the COVID-19 has spread all over the world, it has caused a serious shortage of masks. By using our own channels and other resources, we have successfully gained the capacity to produce daily protective masks and currently we are working on getting the CE and FDA certifications to obtain the qualification to export to Europe and the U.S.. As a U.S. listed company, we hope that we will be able to export disinfectants and masks to the U.S. in the near future,\" said Mr. Xuezhu Wang, CEO of the Company.\nAbout Happiness Biotech Group Limited\nHeadquartered in Nanping, China, Happiness Biotech Group Limited is an innovative China-based nutraceutical and dietary supplements producer focused on the research, development, manufacturing and marketing of a variety of products made from Chinese herbal extracts and other ingredients. The Company's goal is to provide high-quality products to our consumers. Over the past 14 years, the Company has established a product portfolio consisting of 32 CFDA registered \"Blue-Cap\" SKUs of nutraceutical and dietary supplements products. For more information, please visit: www.happ.org.cn.\nForward-Looking Statements\nThis press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as \"may, \"will, \"intend,\" \...