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Golden Dragon Holdings, Inc. Lionel Chaulet President of We Globalize, Inc. Accepts Board Position
- Press Release
- Source: Golden Dragon Holdings, Inc.
BEIJING, Sept. 2( )/PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI - News)www.gdfbhk.com announces today that Mr. Lionel Chaulet has been appointed to the Company's Board Sterling Committee as Headmaster of this Board.
Mr. Chaulet has an impressive 30 year pedigree in the international food and beverage industry and currently he is President of We Globalize, Inc. www.weglobalize.biz an international food and beverage consulting Services Company. Prior to his establishing his successful consulting firm, he was VP of International Sales for Teaforte, Inc. Mr. Chaulet particular expertise is in the US, European, Middle East and Asian markets, creating, developing and implementing distribution channels in diverse industries.
Mr. Cesar Cuenca, President and Mr. Frank Yglesias, CEO of GDHI both stated, "We are delighted and honored that Lionel accepted this position as Headmaster of our Sterling Committee, his vast experience and global knowledge will be a key asset in driving the company forwarded."
"We will be re-organizing the Sterling Committee, with handpicked global professionals that will bring a positive guidance to GDHI's future growth," stated Mr. Lionel Chaulet, Headmaster of GDHI Sterling Committee.
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.
About Golden Dragon Holdings, Inc. (OTC: GDHI)
Golden Dragon Holdings, Inc. is a publicly traded company that 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. Grocery retail sales in China are now over $71 billion dollars a year.
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.
Recent Growth
The Company is in a growth mode, building a global food and beverage distribution company. Additional retailers are being acquired and the product offering is being expanded.
Wine Distribution: GDHI has recently announced that it has entered into various agreements with eight wineries from Spain, Italy and France. Under the terms of these agreements GDHI will have import rights for each brand. The company will commence the preparations for the trademark registration and labeling registration procedures required by the Peoples Republic of China. In addition the Company has supplies 35 retail convenience stores.
B2B Web Portals: GDHI has initiated a B2B store in China's largest business-to-business portals www.alibaba.com, www.21food.com & www.EC21.com China's B2B marketing sector. The company's strategy is to expose the products it currently represents, and enroll distributors throughout China, S. Korea, Japan and Singapore and sell directly to consumers through the online store.
Mini Supermarkets Beijing: The Company has independent commitments with over 50 mini-supermarkets in Beijing. It is estimated that in the Beijing metropolitan area, there are more than 3,000 mini-supermarkets/convenience stores, the majority of which are opened 24 hours. The company estimates that for year end 2009 the sales revenue generated in the mini-supermarket/convenience store sector will be above $125,000USD, for year end 2010 the sales revenue for this sector will be above $500,000USD and increase sales revenue in this sector of over 300.
Distribution Agreements
Distribution Agreements Distribution agreements provide access to over 10,000 grocery items to market and represent in China.
Agreements currently exist with:
- GOYA Foods, Inc.
- Eden Foods, Inc.
- Jump Innovations, LLC
- Bodegas Regalia de Ollaur
Company Brands
China's Thirst for Wine is Rising
China's thirst for the grape has come a long way since the eighth-century poet Li Bai -- the "Immortal of Wine" -- penned "Drinking Alone by Moonlight." In his most celebrated work, Li Bai recalls enjoying "a cup of wine, under the flowering trees." These days, it would be a tough task to find a solitary spot in most crowded Chinese cities to sink a cooling glass of Chardonnay.
Indeed, you'd have no shortage of takers to share a tipple. As 21st century China has undergone the most rapid urbanization in history, the country's nouveau riche are taking to wine like never before.
Today, China is the world's ninth-largest wine market by volume and the sixth-largest wine producer. From a base of almost nothing a few years ago, the country boasts more than 400 commercially viable domestic wineries. Meanwhile, the value of wine imports to China is expected to reach US$870-million by 2017, up almost fivefold from US$184-million in 2007.
With such huge growth projected - the size of Asia's wine market, including China, is expected to increase by up to 20% per year for the next five years, compared to less than 1% in the rest of the world.
Wineries
www.togni.it
www.bodegadesarria.com
www.valdoca.com
www.manuelmanzaneque.com
www.vinexsa.com
www.terranostravinos.com
www.bodegasfrutosvillar.com
www.chateaulangoiran.com
Broad Established Business Model
GDHI has an established and functional business model with:
- A developed line of products
- Numerous retail distribution agreements with supermarkets and grocery stores in China
- Licenses required to conduct business in China
- Distribution process from manufacturer to consumer through Direct Store Delivery ("DSD") embraced to assure inventory controls, price consistency and product quality
Product Development
Golden Dragon highly skilled team sources new products from all over the world and then works closely with Vendors to maximize the impact the brands will have in the appropriate channels. New Brands are supervised by the Product Development Deparatment for two years to ensure their development.
Analysis
- Pre-Launch Market Evaluation
- Forecasting & Targeted Product Launch
- Sales Support
- Tracking Market Trends
Services
- Government Labeling Requirements
- Package Design/Compliance
- UPC Barcode Verification
- Databank Registrations
- Product Education
- Vendor Communication
Brand Management
Golden Dragon's Marketing department is a comprehensive, integrated and creative resource our brands. Services and information tailored to meet the unique requirements of each client are offered.
The Company's brand managers help to co-ordinate the brand's objectives, as well as analyze sales, distribution and promotional results to ensure consistent performance.
Marketing
The Marketing department offers strategic planning and product development with:
- Competitive market analysis, category management
- Consumer advertising
- Creation of customer-specific promotional programs
- Trade show participation
- Sales forecasting
- Business reviews
Advertising
The advertising and product promotion offered as a companion services in China will enhance revenues product recognition in the Asian community. Advertising and product promotion as an untapped market in China to serve as a catalysts for increasing sales.
License PRC
- Sanitation License PRC
- Registration of Products PRC
- Distribution License PRC
Locations
- Warehouse Rental in Southern Beijing
- Headquarters relocated to Beijing
- Hong Kong Office: 18 Floor One Finance Center No.1 Harbour View Street
Central Hong Kong, Hong Kong - Beijing Office:: 3/F Beijing Kerry Centre North Tower, 1 Guang Hua Road
Chao Yang District Beijing 100020 China - USA USA Office: 9100 S. Dadeland Blvd., Suite 1500 Miami, FL 33156
Frank Jose Yglesias Cesar I. Cuenca: Chairman & Chief Executive Officer President and Chief Operations Officer
Market Data
Exchange Pinksheets
Authorized: 3,000,000,000 as of Feb 20, 2009
Outstanding: 1,674,834,775 as of Jun 5, 2009
Total Restricted: 1,297,409,028 as of Jun 5, 2009
Float: 377,425,747
Contact Info:
NO. 17 Hopson Internationsl Par Sec 3
China:
Global Number: 1-888-889-8185
GlobalFax: 888-263-4332
Website: www.gdfbhk.com
About Golden Dragon: Golden Dragon Holdings, Inc. is a publicly traded company that 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.
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