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China Food Services Corp GDHI:OTC

China Food Services, Corp. Reaches 600 Retail Stores of
Distribution
PR Newswire
10:08 AM ET

China Food Services, Corp. formally known as Golden Dragon
Holdings, Inc. (Other OTC: GDHI)
http://www.chinafoodservices.com an international food and
beverage distributor specializing in the distribution of US
food & beverage brands to the Chinese market, today
announces that the company has reached a total of 600 retail
stores in which the company's products are being distributed
to. The company currently has over 100 SKU's in its product
catalog, and these products are available via its direct
store delivery to the retail consumers.


Frank Yglesias CEO of China Food Services,
Corp., said, "We are working very diligently to acquire our
goal of 1000 retail stores by year end 2010, we feel very
confident in reaching this goal. Our focus is on achieving
this goal, while maintaining our excellent supply chain
fulfillment service to our existing customers."


About China Food Services, Corp.


China Food Services, Corp. owns and
operates Golden Dragon Food & Beverage Import & Export
Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and
Beijing Flying Golden Dragon International Trading Co., Ltd
in China (BFGD). China Food Services, Corp. has agreements
with U.S. food manufacturers. GDHI acts as a buying agent
for GDHK, negotiating vendor contracts and services with
U.S. food and beverage industry partners. The Hong Kong
Company plays a strategic role in the importation of
products into the Chinese market by leveraging the Closer
Economic Partnership Arrangement (CEPA) with China. Through
this arrangement, Beijing Flying Golden Dragon International
Trading Co., Ltd distributes some of the most popular U.S.
food and beverage brand products directly into the
hypermarkets, supermarkets and convenience stores in China.
The Company is responsible for order fulfillment for its
clients in China, as well as providing advertising and
promotion (A&P) services for its U.S. food and beverage
products.

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.

SOURCE China Food Services, Corp.