China Fruits Corp. (fka CHFR)

[fast.money]

Great growth for $CHFR in 2014. Read this news

China Fruits Corporation Achieved Rapid Development In 2014

http://finance.yahoo.com/news/china-fruits-corporation-achieved-rapid-203000591.html

BEIJING, Feb. 10, 2015 /PRNewswire/ --- China Fruits Corporation (CHFR) ("China Fruits" or "the Company"), a retailor, wholesaler, exporter, and producer of fresh tangerine and other fresh fruits in the People's Republic of China, recently summarized the company's achievements in 2014.

By the end of 2014, the number of China Fruits franchise retail stores reached 64, increasing by approximately 914% compared to 7 stores in 2013, reaching the goal in 2014 successfully; China Fruits generated approximately 16 million dollars revenue from exporting Nanfeng tangerines, increasing by approximately 698% compared to 6.36 million dollars in the same period of 2013. The revenue reached new record high with respect to exporting Nanfeng tangerines due to the development of new oversea markets and the increase in market shares. Taina Fruits e-commerce section, which is a subordinate brand of China Fruits, also made a great progress last year. It cooperated with more than ten well-known e-commerce platforms, including Tmall, JingDong mall, Taobao, yhd.com, Gome.com.cn, and also built up its own official website for online sales. In 2014, Taina Fruits e-commerce generated approximately 1 million dollars revenue, representing an outstanding performance of 100% growth rate every month. It has been rated number one in online sales of fresh fruit in Beijing area since its launch in August 2014. For example, the sales of winter jujube reached 218 tons within only 39 days, which was number one in fruit industry e-commerce in China.

The Company has become the largest customer of SF Express, the largest logistics company in the area, in fruit e-commerce in Beijing area. "We plan to devote into developing e-commerce in 2015, which is going to be a significant component of our business expanding strategies. Being a leading company of fruit e-commerce in China is always our goal and direction." said by Mr. Quanlong Chen, Chairman and Chief Executive Officer of China Fruits Corporation.

In 2015, the company strives to continue to increase communication with investors, answer to the questions investors bring up. An investment conference call will be scheduled on Wednesday, February 11, 2015 – 9:00 PM to 10:00 PM EST; Thursday, February 12, 2015 – 10:00 AM to 11:00 AM CST. Dial in number for U.S.: [phone], password: 17181927; for China: [phone], password: 17181927.