- Release Date: 22/07/14 08:30
- Summary: GENERAL: ATM: Regulatory approval from China received
- Price Sensitive: No
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ATM 22/07/2014 08:30 GENERAL REL: 0830 HRS The a2 Milk Company Limited GENERAL: ATM: Regulatory approval from China received 22 July 2014 a2 Platinum infant formula achieves regulatory approval from China The a2 Milk Company Limited (a2MC) is pleased to advise it has achieved approval from regulatory agencies in China to resume shipments of high quality a2 Platinum infant formula. Notification of the successful inclusion of a2 branded products imported by its distributor China State Farm Shanghai was received from China General Administration for Quality Inspection and Quarantine (AQSIQ) with the publishing of the updated AQSIQ Imported Brand List. a2MC sought registration directly in association with Synlait Milk, its a2 Platinum infant formula processing and manufacturing partner, and Synlait Milk's interim contract provider, Auckland-based New Zealand New Milk Ltd. New Milk early this month achieved manufacturer registration with Certification and Accreditation Administration of the People's Republic of China (CNCA) as an overseas manufacturer of infant formula. Synlait Milk is expected to achieve the same registration following the approval of its Risk Management Plan by the Ministry for Primary Industries. a2MC Managing Director Geoffrey Babidge said: "Registration will provide an important confidence boost for our distribution partner China State Farm and its sub distributors in our target markets in China. The market development programme paused while the registration process was progressing and can now be reactivated together with new communication initiatives". The Company remains confident it has the systems in place to fulfil the ongoing criteria of China's regulatory agencies relating to the production, importation and distribution of a2 Platinum infant formula. Prior to the 1 May 2014 implementation date for the new regulations, a2MC had positioned product in China to meet expected consumer demand until the next scheduled shipment arrived. The regulatory changes affecting China have not impacted the production of a2 Platinum infant formula for sale in other markets, including Australia and New Zealand. a2MC further advises that the Company's financial results for the 12 months ended 30 June 2014 will be released during the week commencing 25 August 2014. For further information contact: Geoffrey Babidge Managing Director The a2 Milk Company Limited +61 2 9697 7008 About The a2 Milk Company Limited a2MC is a differentiated, premium-priced dairy company which is building a global business based on unique intellectual property relating to a2 brand dairy products. a2MC has operations in Australia, New Zealand, the UK and China and is pursuing growth opportunities in Asia, North America & Europe. a2MC is listed on the NZX Main Board and trades under the code ATM. End CA:00252930 For:ATM Type:GENERAL Time:2014-07-22 08:30:21
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