Our company was first founded as Champion Ventures, Inc. on November 30, 1970 under the laws of the State of Nevada. In May of 1999, we merged with another Nevada company, Internet Golf Association, Inc. (“Internet Golf”), with the latter becoming the surviving entity.
Harbin Three Happiness Bioengineering Co., Ltd (“Three Happiness”) had been conducting business in China since 1994. In June 2002, through a share exchange with the stockholders of Three Happiness, it became our wholly-owned subsidiary and continued its business operations in China. Prior to the share exchange we did not have any business operations. At the time of the share exchange we changed our name to American Oriental Bioengineering, Inc.
In February 2003, we acquired the rights to a soybean protein peptide biochemical engineering project, which provided us with the rights to manufacture and commercialize our Soy Peptide Series of PBN products. In addition, since the share exchange in 2002, we have acquired seven more companies in China. In November 2004, we acquired HSPL, which manufactures and commercializes our SHL Injection Powder, in April 2006, we acquired GLP, which manufactures and commercializes our Jinji series, in July 2006, we acquired HQPL, a pharmaceutical distributor that owns a license to distribute pharmaceutical products in China. In September 2007, we acquired CCXA, which manufactures and commercializes a broad range of generic pharmaceutical products, and in October 2007, we acquired BOKE, which manufactures and commercializes our Boke series of nasal products. In April 2008, through taking a controlling stake in its equity, we acquired China Aoxing Pharmaceutical Company, Inc. (and, therefore, indirectly control Lerentang Pharmaceutical Company Ltd.)
On July 18, 2005, our common stock commenced trading on the American Stock Exchange, or AMEX, under the ticker symbol “AOB.” On November 14, 2005, our common stock commenced trading on the Archipelago Exchange, or ArcaEx, a facility of the Pacific Exchange.
On December 18, 2006, we voluntarily elected to de-list our common stock from the AMEX and ArcaEx. Our common stock commenced trading on the New York Stock Exchange under the ticker symbol “AOB” on the same day.
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