Golden Dragon Holdings, Inc. Registers Trademark of Private Label Wine Brand
By 2009-9-9 11:00:58
BEIJING, Sept. 8 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Pink
Sheets: GDHI), www.gdfbhk.com, today announced that it has register its
trademark of private label wine "Endless Wines" in the Peoples Republic of
China. The company has commenced its blending of exclusive grapes in Spain's
Rioja region to produce its selective red and white wines for the Chinese
market. Additionally, the company plans to market wines from different wine
regions throughout the world under the Endless Wines brand.
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=24058
Mr. Cesar Cuenca COO stated, "We have identified a unique niche in the wine
market in China, we call this niche the 100RMB retail wine market. Typically
imported wine in China sells at a higher end of the wine market, we have
selected exceptional grapes to start producing high quality red and white
wines at reasonable cost to consumers. Good wine does not mean expensive
wine."
Current State:
China is a large emerging country with an amazing potential of wine
consumption. The influence of western eating, drinking habits and rising
average incomes have been key factors in the fast development of wine market
in China. China has stepped into one of the ten largest wine consumption
markets in the world. The value of the market has more than doubled over the
last five years and a lot of signs are showing a bright future of China wine
market.
Growth Rate:
What greatly spurs the speedy growth of imported wines from wine producers
around the world, such as France, Italy, Spain, Australia, New Zealand, Chile,
Argentina, South Africa, Austria, US and some other European traditional
wine-producing countries. The annual growth rate of imported wines is up to
13-15%.
Targeted customers:
Wine is now becoming the fashionable drink for the wealthy younger generations
in China's cities, and the "badge" drink for China's wealthiest elite. With
about 600 million young Chinese exploring new types of alcoholic drinks, the
potential market for sales of wine in the future is so great without any
doubt.
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.
Sheets: GDHI), www.gdfbhk.com, today announced that it has register its
trademark of private label wine "Endless Wines" in the Peoples Republic of
China. The company has commenced its blending of exclusive grapes in Spain's
Rioja region to produce its selective red and white wines for the Chinese
market. Additionally, the company plans to market wines from different wine
regions throughout the world under the Endless Wines brand.
http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=24058
Mr. Cesar Cuenca COO stated, "We have identified a unique niche in the wine
market in China, we call this niche the 100RMB retail wine market. Typically
imported wine in China sells at a higher end of the wine market, we have
selected exceptional grapes to start producing high quality red and white
wines at reasonable cost to consumers. Good wine does not mean expensive
wine."
Current State:
China is a large emerging country with an amazing potential of wine
consumption. The influence of western eating, drinking habits and rising
average incomes have been key factors in the fast development of wine market
in China. China has stepped into one of the ten largest wine consumption
markets in the world. The value of the market has more than doubled over the
last five years and a lot of signs are showing a bright future of China wine
market.
Growth Rate:
What greatly spurs the speedy growth of imported wines from wine producers
around the world, such as France, Italy, Spain, Australia, New Zealand, Chile,
Argentina, South Africa, Austria, US and some other European traditional
wine-producing countries. The annual growth rate of imported wines is up to
13-15%.
Targeted customers:
Wine is now becoming the fashionable drink for the wealthy younger generations
in China's cities, and the "badge" drink for China's wealthiest elite. With
about 600 million young Chinese exploring new types of alcoholic drinks, the
potential market for sales of wine in the future is so great without any
doubt.
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.
From www.reuters.com