Golden Dragon Holdings, Inc. Announces Filing of Current Information on Pink OTC Market

Jan 08, 2010, 09:58 ET from Golden Dragon Holdings, Inc.

BEIJING, Jan. 8 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI) an international food and beverage distributor, is pleased to announce that it has filed its Initial Company Information and Disclosure Statement for 2010, with Pink OTC Market. We invite all our shareholders and interested parties to view this document, as well as other filed material in the Pink OTC Market.

"We have and we will continue to insure our shareholders complete contractual and financial transparency. One of our many goals for 2010, outlined in our annual report which will be published next week is to maintain our PS status throughout the year," confirmed Mr. Frank Yglesias CEO of Golden Dragon Holdings.

About Golden Dragon Holdings, Inc.

Golden Dragon Holdings, Inc. 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). Golden Dragon Holdings, Inc. 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 Golden Dragon Holdings, Inc.