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~ $NDAC ~ Daily Par Sar Buy Signal ~ Criteria alert triggered during a recent trading session!
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NDAC EOD
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BREAKOUT ALERT MARCH 15, 2009 -Glen Bradford
New Dragon Asia Corp.: founded in 1952 in Longkou, Shandong Province.
International Chamber Of Commerce Tower
Suite 2808 Fuhua Three Road
Shenzhen, 518027
China - Map
Phone: 86 75 5883 12115
Fax: 86 75 5883 12120
Web Site: http://www.newdragonasia.com
As Seen on PeakStocks.com! Noodles are so incredibly Sexy
Sector: Consumer Goods
Industry: Processed & Packaged Goods
Q How does New Dragon differentiate itself from its competitors?
A Superior quality, nationwide distribution, a well-established brand name and a rapidly growing international business. The company is also vertically integrated, handling all milling, processing, packaging, and distribution in-house.
Q How many employees does New Dragon have?
A New Dragon has approximately 2,000 employees.
BUSINESS SUMMARY
New Dragon Asia Corp. and its subsidiaries engage in the milling, sale, and distribution of flour and related products to retail and wholesale customers in China. The company produces and markets wheat flour for use in bread, dumplings, noodles, and confectionary products, as well as soybean protein powder and soybean powder to food and beverage manufacturers. It also provides various instant noodle products, such as packet noodles for home preparation, as well as snacks and cup noodles for outdoor convenience. New Dragon Asia sells its products principally through distributors in China. It also exports noodle products to Korea, Australia, Malaysia, and Indonesia.
Mr. Heng Jing Lu, chairman of the Company, graduated from The Shandong Institute of Economics in accounting and is a PRC qualified accountant. Before joining the Company on December 15, 2003, he had been working in the oil and grain industry for over 30 years. Prior to joining the Company, he was the director of Oil and Grain Bureau of Longkou, Shandong PRC where he had worked since 1975. He has extensive experience in the management of agricultural and food related enterprises and strategic planning. He is primarily responsible for business development and overall company management.
Ms. Li Xia Wang, current director and chief executive officer of the Company, graduated from The Shandong Institute of Economics in accounting and is a PRC qualified accountant. She joined the Longkou Oil & Grain Group Company in 1980, and gained extensive experience in the field of finance and accounting, most recently as Deputy General Manager. She joined New Dragon as a director of the Company on December 15, 2003.
Ms. Ling Wang, current director and vice president of the Company, graduated from Shandong Television Broadcast University in economics management. She has been working with the subsidiary of the Company since 1981 and her main responsibilities are in operation control and internal audit.
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http://www.newdragonasia.com
New Dragon Asia Corp., a Florida corporation (AMEX: NWD), is headquartered in Shandong Province, China and is engaged in the milling, sale and distribution of flour and related products. With its well-established brand name Long Feng, New Dragon Asia is China’s fourth largest instant noodle manufacturer.
