Golden Dragon Holdings, Inc. Officially Clears Customs & AQSIQ/CIQ in Peoples Republic of China

Jan 27, 2010, 13:00 ET from Golden Dragon Holdings, Inc.

BEIJING, Jan. 27 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI) an international food and beverage distributor specializing in the distribution of food in the Chinese market, today announces that it has officially cleared customs and has met all inspections and quarantine procedures of AQSIQ/CIQ of the Peoples Republic of China for its 2nd 40ft container.  The company sales projection for this 40ft container is above $100,000USD in gross sales.

Mr. Frank Yglesias CEO stated, "This comes at a pristine moment, the Chinese New Year is weeks away and already we can see the increase of sales in the supermarkets.  With our increase to 300 stores and the Chinese New Year, we must move this container as quickly and efficiently as possible."  

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.