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Year in Review

A Final Look at 2010 Results: China Kanghui

CHINA KANGHUI
RMB 242.7MM (~US $36.9MM), +32% (Japan ~$1.4MM; Domestic +30%, International +77%)
* Trauma $23.5MM, +36%
* Spine $10.3MM, +36%
* OEM $3MM, -3%

4Q10 revenue:
RMB 72.3MM ($11MM), +33%
* Trauma $8.4MM, +23%
* Spine $1.6MM, +70%
* OEM $0.9MM, +15%

* 4Q10 results driven by L-8/U-Spine pedicle fixation and PolyNices thoracolumbar systems
* In 3/11, acquired majority stake in Wei Rui (recon), will launch knee product in China early 2012
* 2011 launches include kyphoplasty system