News

Golden Dragon Holdings, Inc. Attends Spanish Wine Fair

MIAMI, April 21 /PRNewswire-FirstCall/ — Golden Dragon Holdings, Inc. (Pink Sheets: GDHI) http://www.gdfbhk.com/, GDHI proudly announces an invitation and acceptance to attend the FENAVIN 2009 Wine Fair in Ciudad Real from May 5-7, 2009.

GDHI has been extended an all expense paid invitation to attend the most important Spanish Wine Fair of the year. Please visit http://www.fenavin.com/ to explore this exciting event.

GDHI, Inc. was invited based on their extensive growth and relationships throughout Southeast Asia and in particular China. GDHI will be represented by President Cesar Cuenca who states, "I am thrilled to be able to assist these wineries to fulfill their business plans of expanding their representation into the largest market in the world. I am excited that we have been asked to participate in FENAVIN and forge solid relationships with several prominent wineries. I will be updating our shareholders and investors as appropriate."

China currently has a potential 7 Billion dollar retail wine industry. This of course is why the growing Spanish Wine Industry is intent on expanding into this lucrative and growing economy.

Golden Dragon Holdings, Inc. $20 Million S. Korean Sales Outsourcing Joint Venture Agreement

Golden Dragon Holdings, Inc.www.gdfbhk.com, today proudly announces the execution of a sales outsourcing joint venture agreement with S. Korean Jin Young Board Sales Co., Ltd. Under this JV agreement KJYBS will manage all the sales and distribution of GDHI's product line for the South Korean Market. This is a five year JV agreement, which is estimated to generate sales revenue of $20,000,000USD.

Mr. Frank Yglesias CEO stated, "It's an immense gratification to begin to release the highly anticipated details of our business strategies and alliances in the Asian Pacific Rim. The South Korean market has been on our radar for some time now; and we have finally found a partner in this area that has the experience, drive and commitment to market and sell our products in S. Korea. Now, we will have the presence without bearing the operating expense in opening a new emerging market." He concluded by stating, "As we forge this strategic alliance, and set forth our sales and operations plan we will keep our shareholders informed of this JV agreement in the months to come."

About S. Korean Jin Young Board Sales Co., Ltd.

KJYBS has a dedicated sales outsourcing division of highly skill sales associates and a lead generating data department. Unlike independent sales representatives, who generally carry multiple lines of products and services, KJYBS focuses on your company's products and services by placing a dedicated team of sales associates at your service. This dedicated approach is proven to grow market shares, increase sales revenue, and generate new business opportunities in a more efficient manner.

Golden Dragon Holdings, Inc. Formal Corporate Update

Golden Dragon Holdings, Inc. (OTC: GDHI) www.gdfbhk.com, today announced a formal corporate update detailing the status of its US Food & beverage products, its distribution in China, its marketing strategy and its sales projection for 2009.

GDHI is focused and committed to the increase of its distribution channels in the Beijing market for its US food & beverage products; the company will concurrently grow its product portfolio through product development, licensing agreements and acquisitions, thereby increasing shareholder value.

"We are currently identifying significant opportunities for our current and new products. These opportunities are not only in the hypermarkets, supermarkets and convenience stores in Beijing, but we have also begun to develop a sales and distribution niche in metropolitan Beijing's hotel industry. We are making steady and significant progress in these areas," said Frank J. Yglesias, CEO of GDHI. He further stated that, "We are developing an in-house marketing program to increase brand awareness thus increasing sales and ultimately shareholder value."

GDHI is pursuing financing and intends to raise growth capital during 2009 to support acquisitions, sales, marketing, build inventory and develop new products. Our sales projection for 2009 is to see exponential revenue growth for year end 2009.

In closing, Mr. Yglesias added that, "The next several months are going to be both very exciting and challenging for GDHI. I look forward to issuing further company updates so that our progress can be efficiently monitored and effectively measured."

Golden Dragon Holdings, Inc. Approved Vendors for the Commissary of the US Embassy in Beijing

BEIJING, Jan 22, 2009 (MARKET WIRE via COMTEX) — Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) www.gdfbhk.com — Today the Company has the honor of being an approved vendor for the commissary of the US Embassy in Beijing. The company will immediately start placing products and working with the staff at the commissary, fulfilling additional products that are called for by the employees of the US Embassy in Beijing.

Mr. Yglesias CEO stated, "It is a pride to be able to supply US staple food products to the US Embassy in Beijing. We are filled with a great sense of civic duty by providing this service to the US Embassy in Beijing."

About the US Embassy in Beijing

The new U.S. Embassy in Beijing, China, is a safe, secure, and functional state-of-the-art facility. The Beijing New Embassy Compound (NEC) is the second largest overseas construction project in the history of the Department of State. The multi-building complex is on a 10-acre (4-hectare) site, creating a secure and pleasant environment for approximately 950 employees. The NEC buildings represent the best in modern American architecture, while the landscape design borrows heavily from Chinese planning principles. The NEC consists of five buildings each with specific functions: an 8-story main chancery, an adjacent 3-story Atrium office building, a Marine Security Guard Quarters, a consular building, and a parking and utility structure/ancillary guard structure.

Golden Dragon Holdings, Inc. e-Commerce Agreement with Horst Coffee Beijing Company, Ltd.

BEIJING, Jan 20, 2009 (GlobeNewswire via COMTEX) — Golden Dragon Holdings, Inc. (Pink Sheets:GDHI) www.gdfbhk.com, the Company announces that it has reached an agreement with Horst Coffee Beijing Company, Ltd. of China. Under this agreement Horst Coffee will have the exclusive rights to sell GDHI selected blend of coffee from Kaffee Badilatti via an internet online shopping website. This online shopping website will enable GDHI to place Kaffee Badilatti gourmet coffee at the finger tips of consumers in China, Hong Kong and Macao.

Mr. Yglesias, CEO, states, "The online shopping market reached RMB56.1bn in 2007, up by 117.4% year-on-year. We expect this platform to place our coffee instantly in front of a large and growing number of online consumers."

About Horst Coffee Beijing Company, Ltd.

Horst Coffee Beijing Company, Ltd. is a national Chinese distributor of gourmet coffee. Horst Coffee produces its own private label coffee brand for the Chinese market. Currently Horst Coffee is developing an e-Commerce website and it is currently in beta testing with the banking system in China to secure online transactions via credit cards. The launch date will be March 30th 2009.

About the e-Market in China

There were more than 10 million online shoppers in China's four large cities, i.e. Beijing, Shanghai, Shenzhen, and Guangzhou, and the amount spent online had gone beyond RMB25bn. On the other hand, there were a total of 2.53 million people shopping online in Wuhan, Chengdu, Shenyang, and Xi'an, considered to be four typical cities in China, with about RMB5bn in online spending. Shanghai had become the most developed online shopping city in China with its more than four million online shoppers spending RMB11.8bn online, and an online shopping penetration rate of 50%. The amount spent online in Shanghai was equivalent to every local resident spending RMB634 every year.

Golden Dragon Holdings, Inc. Enters Exclusive Distribution Agreement With Kaffee Badilatti & Co. AG

BEIJING, Jan 15, 2009 (MARKET WIRE via COMTEX) — Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) www.gdfbhk.com, the Company today announces that it has entered into an exclusivity agreement with Kaffee Badilatti of Switzerland; under this agreement GDHI will distribute via its wholesale and retail distribution chains the gourmet coffee lines that Kaffee Badilatti offers. These fine coffee blends are a unique collection of Jamaican Blue Mountain, Kona Hawaii Captain Cook, Kopi Luwak, Galapagos San Cristobal, and a fine blend of Espresso coffees.

Mr. Yglesias, CEO, states, "There is a unique high-end gourmet coffee niche in China, we feel that with the global experience of Kaffee Badilatti and our feet on the ground knowledge we can penetrate this market, and be the exclusive leaders in this high-end niche."

About Kaffee Badilatti

Kaffee Badilatti has a long tradition of roasting coffee, using the latest methods and paying the utmost attention to detail; they are blending and roasting top quality coffees of real character at the highest-altitude roaster in Europe. The popularity of the classical and special coffees enables them to respond to the special wishes of the consumers. For more information please go to: http://www.cafe-badilatti.ch

Golden Dragon Holdings, Inc. Exclusive Distribution Agreement With Bodegas Centro Espanolas, S.A.

BEIJING, Jan 13, 2009 (MARKET WIRE via COMTEX) — Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) www.gdfbhk.com — The Company reports that it has signed an Exclusive Distribution Agreement with Bodegas Centro Espanolas, S.A. www.allozo.com, manufacturers of Spanish wines and Brandy. Under this agreement GDHI will have the exclusive regional rights to distribute and wholesale Allozo wines and Casajuna 25-year-old and 100-year-old reserve Brandy thoughtout China, Hong Kong, Macao and South Korea. The Company is currently in talks with large scale wine and spirits distributors in these areas to wholesale these fine wines and spirits.

Mr. Cuenca states, "We are proud to add Bodegas Centro Espanolas to our exclusive line of fine wines and spirits for distribution in Asia. The exquisite taste and bold bouquet at a moderate price range will guarantee to exceed and satisfy the consumer in this rapidly growing market. Our 100-year-old reserve brandy will compete excellently with French Cognacs, at a superb price."

About Bodegas Centro Espanolas, S.A.

Bodegas Centro Espanolas was founded in 1991 by 14 shareholders from Tomelloso, with an advanced and avant-garde technology. Established to develop a new concept of wine producing industry in La Mancha.

With 70% of the production belongs to our own vineyards, which are ground in Tomelloso (243 has.). There are different grape varieties although the most important is tempranillo which forms the base of our red wines Allozo, whose medium plantation is from 1986 over a clayey and calcareous ground with a medium altitude of 650 mts. and a medium pluviometer of 400 mm a year. Our main country hoses are: HUERTA EL JUEZ, LA CARRIZA, PINILLA, CASA PUEBLA y SANTA MARIA.

Picked by hand and selected the grapes at the optimum moment of maturing, every vintage is started in our installations of modern technology, pneumatic presses, fermentation controlled in all our steel tanks and after a fermentation and maceration suitable for every kind of wine we can achieve the highest level of our grape varieties where we can see the tenderness and care which the vine grower and wine maker put in the process of elaboration of our wines.

Golden Dragon Holdings, Inc. Signs Exclusive Distribution Agreement With Jump Innovations, LLC

BEIJING, Jan 08, 2009 (MARKET WIRE via COMTEX) — Golden Dragon Holdings, Inc. (PINKSHEETS: GDHI) www.gdfbhk.com is pleased to announce it has entered into an exclusive distribution agreement with Jump Innovations, LLC (http://www.jump-beverages.com/index.htm). Under this agreement GDHI will distribute the energy drink named "HOT," which has been designed exclusively for the Asian markets. The Company will distribute "HOT" in the following countries: China, Hong Kong, Macao, Japan, and South Korea. HOT is a raspberry flavored drink with an unbelievable effect derived from the Chinese energy compound Citrus Aurantium.

Mr. Frank Yglesias, CEO, states, "The energy drink market in Asia is in its infancy; we have an excellent opportunity to place our stake in the ground. Our market test last month in various nightclubs in Beijing demonstrated that the "HOT" brand was a sizzling success with the clubbers. Our research has demonstrated that 40% of the respondents mix energy drinks with alcoholic beverages."

The Company plans to begin shipping HOT for its distributors in China immediately. Additionally, a marketing and advertising program will be launched to build brand recognition.

About Jump Innovations

Jump Innovations is a beverage designer and manufacturer based and incorporated in Denver, Colorado. Jump was started by Jack Barecca, a physiologist and US Patent Holder in the functional food and health products industry. Jump has developed a unique line of energy drinks using an exclusive manufacturing process which enables them to offer all the energy and metabolizing properties of a functional energy drink, without the need for sugar, salt or other masking agents. All of Jump's beverages are free of fat, sugar, calories, and carbohydrates. Additionally, their drinks are some of the only on the market today with ingredient sets that are fully approved by the United States Food and Drug Administration. Trials by energy and coffee drinkers demonstrate that Jump beverages are superior to the competition. Jump Innovations' products are currently available in Military Commissaries, gyms and tanning salons, office buildings, and select markets around the US.

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