BEIJING and MIAMI, June 18 /PRNewswire-FirstCall/ -- China Food Services, Corp. formally known as Golden Dragon Holdings, Inc. (Other OTC: 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 announced it has commenced the importation and distribution of CA 88 Wines in Beijing, China. The company has started delivery CA 88 Wines to the Renaissance Beijing Capital Hotel, Ole Supermarkets, Jenny Lou's Supermarkets, April Gourmet Supermarkets and Vanguard Supermarkets. Additionally both companies attended the Beijing 2010 wine show in May. CA 88 Wines was also chosen as the only USA wine served at the ATO's BBQ to Celebrate South China Market held on June the 9th 2010 in Guangzhou, China.
Mr. Robert Mulder President of CA 88 Wines stated, "The Beijing show was a huge success for us. We are happy to partner with Mr. Yglesias, as that he has a great presence and distribution network in Beijing. Getting your wine on the shelves is not easy in China and we are pleasantly surprised with CFSC fast start and great placement! California makes world class wines. The USA as a whole has less than 5% of the wine market in China. We hope with partners like Frank, that we can improve the US market share quickly." In conclusion Mr. Frank Yglesias CEO of China Food Services, Corp. stated, "We are delighted to work with such a seasoned team from CA 88 Wines, their array of classic bouquet of wines enhances our product portfolio, we are also proud to be selling Made in the USA wine from California."
About CA 88 Wines, Inc.
CA 88 Wines www.ca88wine.com was founded with a vision of producing a diverse range of wines, focusing on select vineyards, spanning from the California Coastal appellation with an emphasis on proprietary blends of California's Best Grapes for the China market. At CA 88 Wines, Inc., we are dedicated to the production of fine wines, enriching the quality of life through the enjoyment of wine as it complements meals, contributes to well-being and celebrates life. We strive to showcase excellent quality blends with strong regional characteristics in all of our wines.
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.