Regal Life Announces AWA Wine Strengthens Its Corporate Profile With(1)
By 2009-3-13 9:48:58
Regal Life Concepts, Inc. (OTC BB:RGLC.OB - News) is pleased to
announce that Guangzhou AWA Wine Co. Ltd ("AWA Wine"), a portfolio
investment company of Regal Life, recently partnered with ZhongSheng
LEXUS, a leading automobile services corporation in China, in
organizing a Wine Tasting Event in ZhongSheng's Dongguan ZS Lexus 4S
flagship store. Invitations were extended to a select group of
privileged clients of Lexus in China.
Dongguan, the third largest exporting region in China, is a
prefecture-level city of Guangdong Province. Ranking fourth with an
average annual GDP growth rate of 22%, Dongguan is one of the
fastest economic regions in China. The stable and vigorous macro
economy in Dongguan has created a promising fine wine market for AWA
Wine.
"China is one of the fastest growing markets in the world for
automotive sales, growing by 24% in 2007 and has overtaken Japan as
the second largest car market in the world. Even with the slowing
economy, the car sales growth is still reporting single-digit growth
in 2008. By partnering with elite car clubs like ZS Lexus and the
BMW Club in their promotional activities, AWA Wine has successfully
established its presence amongst an affluent group of Chinese who
are our targeted membership base at such corporate sponsored
events," said Eric Wildstein, CEO of Regal Life.
"AWA Wine has successfully recruited and expanded our AWA Wine Club
Membership by partnering with China's leading luxury car retailers
through different marketing events," said Nie Weifeng, President and
CEO of AWA Wine. "AWA will continue to work with other strategic
corporate partners such as HSBC, Bank of China, Bank of
Communications, and other renowned corporations who share the same
mission of providing customers with the state of the art facilities
and the highest standard of sales service, to promote AWA Wine Club
Membership throughout China."
The AWA Wine network is currently comprised of 16 corporate-owned
and franchised locations throughout China that are servicing a
strong and growing membership base of over 50,000. The newly
established Regal Life-AWA Wine joint venture will lead to the
opening of additional corporate-owned AWA Wine locations in China
and the development of an improved IT infrastructure to enhance
backend administration, sales and logistics support. AWA anticipates
that, with the proper funding, it will expand its network to 100 AWA
Wine Club locations and 1 million active AWA Wine Club members by
2013.
announce that Guangzhou AWA Wine Co. Ltd ("AWA Wine"), a portfolio
investment company of Regal Life, recently partnered with ZhongSheng
LEXUS, a leading automobile services corporation in China, in
organizing a Wine Tasting Event in ZhongSheng's Dongguan ZS Lexus 4S
flagship store. Invitations were extended to a select group of
privileged clients of Lexus in China.
Dongguan, the third largest exporting region in China, is a
prefecture-level city of Guangdong Province. Ranking fourth with an
average annual GDP growth rate of 22%, Dongguan is one of the
fastest economic regions in China. The stable and vigorous macro
economy in Dongguan has created a promising fine wine market for AWA
Wine.
"China is one of the fastest growing markets in the world for
automotive sales, growing by 24% in 2007 and has overtaken Japan as
the second largest car market in the world. Even with the slowing
economy, the car sales growth is still reporting single-digit growth
in 2008. By partnering with elite car clubs like ZS Lexus and the
BMW Club in their promotional activities, AWA Wine has successfully
established its presence amongst an affluent group of Chinese who
are our targeted membership base at such corporate sponsored
events," said Eric Wildstein, CEO of Regal Life.
"AWA Wine has successfully recruited and expanded our AWA Wine Club
Membership by partnering with China's leading luxury car retailers
through different marketing events," said Nie Weifeng, President and
CEO of AWA Wine. "AWA will continue to work with other strategic
corporate partners such as HSBC, Bank of China, Bank of
Communications, and other renowned corporations who share the same
mission of providing customers with the state of the art facilities
and the highest standard of sales service, to promote AWA Wine Club
Membership throughout China."
The AWA Wine network is currently comprised of 16 corporate-owned
and franchised locations throughout China that are servicing a
strong and growing membership base of over 50,000. The newly
established Regal Life-AWA Wine joint venture will lead to the
opening of additional corporate-owned AWA Wine locations in China
and the development of an improved IT infrastructure to enhance
backend administration, sales and logistics support. AWA anticipates
that, with the proper funding, it will expand its network to 100 AWA
Wine Club locations and 1 million active AWA Wine Club members by
2013.
From finance.yahoo.com