Golden Dragon Holdings, Inc. Year-End 2009 Conference Call & Letter from the CEO

Jan 19, 2010, 17:01 ET from Golden Dragon Holdings, Inc.

BEIJING, Jan. 19 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI) an international food and beverage distributor, today announces that a conference call hosted by Frank J. Yglesias CEO and Cesar I. Cuenca President, will be held on Thursday the 21st at 4:15 p.m. EST.  The nature of this conference call is to cover the company's most recent events, our year end 2009 achievements and our goals for 2010.

The conference call number is: 1-218-339-3600 access code 767741#

Please log on at least 15 minutes before the conference call begins.

Letter from the CEO:

2009 is behind us, and what a year it has been for Golden Dragon!!!!  We have effectively dealt with various types of governmental, business and economic challenges, and we are fully confident that we will successfully navigate in becoming a top player in the Chinese food and beverage industry.  

I want to recognize our management team and our employees for the dedication and hard work they have shown us throughout a tough year.  I also want to thank our investors for the support and confidence that they have shown us.  It is this dedication and commitment that it is bestowed to us which drives upper management in developing a profitable and stable company for all.

Short term, our goal has been to stream line our cost of operation. This can be seen in our 2009 financials, as we reduced our operating cost by 240%.  Maintaining the pulse of the Chinese consumer demands has been an enormous asset for the Golden Dragon, as we evaluate current and new product lines for this market.  Finally, we have and we will continue to drive sales and open new distribution channels.  

Long term, we need to take those same strengths and leverage them even further…in short, we must do more and continue to do more.  

Together, we will continue to work to increase Golden Dragon's value to our customers, suppliers, and ultimately our shareholders.

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.