China Fruits Corporation Achieved Rapid Development In 2014

BEIJING, Feb. 10, 2015 /PRNewswire/ --- China Fruits Corporation (OTC: CHFR) ("China Fruits" or "the Company"), a retailor, wholesaler, exporter, and producer of fresh tangerine and other fresh fruits in the People's Republic of China, recently summarized the company's achievements in 2014.

By the end of 2014, the number of China Fruits franchise retail stores reached 64, increasing by approximately 914% compared to 7 stores in 2013, reaching the goal in 2014 successfully; China Fruits generated approximately 16 million dollars revenue from exporting Nanfeng tangerines, increasing by approximately 698% compared to 6.36 million dollars in the same period of 2013. The revenue reached new record high with respect to exporting Nanfeng tangerines due to the development of new oversea markets and the increase in market shares. Taina Fruits e-commerce section, which is a subordinate brand of China Fruits, also made a great progress last year. It cooperated with more than ten well-known e-commerce platforms, including Tmall, JingDong mall, Taobao, yhd.com, Gome.com.cn, and also built up its own official website for online sales. In 2014, Taina Fruits e-commerce generated approximately 1 million dollars revenue, representing an outstanding performance of 100% growth rate every month. It has been rated number one in online sales of fresh fruit in Beijing area since its launch in August 2014. For example, the sales of winter jujube reached 218 tons within only 39 days, which was number one in fruit industry e-commerce in China.

The Company has become the largest customer of SF Express, the largest logistics company in the area, in fruit e-commerce in Beijing area. "We plan to devote into developing e-commerce in 2015, which is going to be a significant component of our business expanding strategies. Being a leading company of fruit e-commerce in China is always our goal and direction." said by Mr. Quanlong Chen, Chairman and Chief Executive Officer of China Fruits Corporation.

In 2015, the company strives to continue to increase communication with investors, answer to the questions investors bring up. An investment conference call will be scheduled on Wednesday, February 11, 2015 – 9:00 PM to 10:00 PM EST; Thursday, February 12, 2015 – 10:00 AM to 11:00 AM CST. Dial in number for U.S.: (213) 493-0844, password: 17181927; for China: (010)8405 3530, password: 17181927.

About China Fruits Corporation

China Fruits Corporation (OTC: CHFR) is a U.S.-listed holding company, engaging in manufacturing, trading and distributing fresh tangerine and other fresh fruits in the People's Republic of China. The Company wholly owns two subsidiaries: Taina International Fruits (Beijing) Co., Ltd., which is building and operating franchise retail stores, and Jiangxi Taina Nanfeng Orange Co., Ltd., which is engaging in the fresh fruits manufacturing. The Company owns a 782,765-square-foot manufacturing base, with air- adjusted and fresh-keeping warehouse, and advanced photoelectric fruit sorter. The Company possesses 64 franchise retail stores, one distribution center and one express export zone in Nanfeng. With the support from the international capital markets, the company is strengthening the branded franchise fruit retail stores and digging deeply in this niche. From the very beginning of its business, the Company has been awarded with "National Leading Enterprise of Agriculture Industrialization", "China's Most Influential Fruit Brand", "China's Fast-Growing Company", and "Top Ten Most Trustable Enterprise" among other rewards. For more information, please visit the Company's corporate website: www.taina.cn.

Forward Looking Statement

This press release contains "forward-looking information", which may include, but is not limited to, statements with respect to the future financial or operating performance of the Company and its projects. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of China Fruits Corporation to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward- looking statements contained herein are made as of the date of this press release and China Fruits Corporation disclaim, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.

Contact:

Investor Relations
Dragon Gate Investment Partners LLC
Simeng Zhang
219-246-3234
[email protected]

SOURCE China Fruits Corporation

Related Links

http://www.taina.cn