BEIJING and MIAMI, June 24 /PRNewswire-FirstCall/ -- China Food Services, Corp. formally known as Golden Dragon Holdings, Inc. (Pink Sheets: GDHI ) http://www.chinafoodservices.com an international food and beverage distributor specializing in the distribution of US food & beverage brands to the Chinese market, today announces that through its subsidiary Beijing Jin Long Fei International Trading Co., LTD. it has approved Beijing Meiquan Food Co., LTD as the sole manufacture of the Chef Garlic line for the US market. The company is currently preparing samples to be shipped to multiple US food distributors for potential sales.
Mr. Cesar Cuenca President of CFSC stated, "We are highly impressed with the quality and taste of the garlic, we were even more impressed with the ISO certification and manufacturing procedures this company has established. Quality and food safety is of the utmost importance to us in building a trustworthy brand for the US market. We believe that with Beijing Meiquan Food Co., we have found a winning partner."
Additional the company would like to inform all our shareholders, that we will be scheduling a conference call, no later than July 15th, 2010. Once the exact date is scheduled we will release an additional press release to inform our shareholders 5 days in advance.
About Beijing Meiquan Food Co., LTD.
Beijing Mei-Quan Food Industry Incorporated, http://www.meiquan.com which is established in August 1988, specialize in producing dehydrated vegetables, spices, condiments, Agricultural and subsidiary products deep processing. Meanwhile, it has gained AAA trustworthy enterprise for five years continuously and has certified by ISO9001:2000, HACCP, Chinese Exportation health registration. It is entitled to export products. The company is located in Pang Ge Zhuang Economic and Technological Development Zone in Beijing, China. The company owns over 20 thousand square meters occupied area and 21 thousand square meters building area. The environment is exquisite. It has a very convenient transportation because of national highway 107 and 106 on the west and east of the company. The company's registered capital is 10 million RMB, annual production value is 120 million RMB, and capital assets is 48 million RMB. We have 210 employees and 62 technical personnel. We produce more than 100 kinds of dehydrated vegetables, condiments and all kinds of spices. The annual output is over 12 thousand tons, and the exportation output value accounts for the total output value above 30%. The products are sold to more than 20 provinces. They are Beijing, Tianjin, Shanghai, Heilongjiang, Jilin, Liaoning, Shandong, Hebei, Henan, Sichuan, Anhui, Guangdong, Xinjiang, Taiwan and so on. Our products are also exported to over 10 countries like United States, Japan, South Korea, Philippine, Singapore, Uzbekistan and so on.
About China Food Services, Corp.
China Food Services, Corp. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden Dragon International Trading Co., Ltd in China (BFGD). China Food Services, Corp. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with U.S. food and beverage industry partners. The Hong Kong Company plays a strategic role in the importation of products into the Chinese market by leveraging the Closer Economic Partnership Arrangement (CEPA) with China. Through this arrangement, Beijing Flying Golden Dragon International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.
Safe Harbor Statement
Information in this press release may contain 'forward-looking statements.' Statements describing objectives or goals or the Company's future plans are also forward-looking statements and are subject to risks and uncertainties, including the financial performance of the Company and market valuations of its stock, which could cause actual results to differ materially from those anticipated. Forward-looking statements in this news release are made pursuant to the 'Safe Harbor' provisions of the United States Private Securities Litigation Reform Act of 1995.
SOURCE China Food Services, Corp.