THE NUMBER OF CHINA FRUITS FRANCHISE RETAIL STORES REACHED 64 IN 2014
Dated January 27th, 2015
Beijing, China, Jan 27th, 2015 --- China Fruit Corporation (OTC: 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 announced that by the end of 2014, the number of China Fruits franchise retail stores reached 64 nationwide, an increase of 914% compared to 7 stores in 2013. At present, there are 47 “Taina Fruits” franchise retail stores in Beijing, 3 in Hebei, 3 in Kunming, 4 in Nanchang and 7 in Hangzhou.
“The rapid development of franchise retail stores and the steady progress of company business are always complementary. The total of 64 stores also met the expectation we set up at the beginning of 2014,” said Mr. Quanlong Chen, Chairman and Chief Executive Officer of China Fruits Corporation. “A sustainable company should be always accompanied by the effective strategy of high quality fruits, reasonable prices for our further development, while always offering a better service for our consumers.”
In recent years, with improvement in people’s living standards and the development of the retail business environment, franchise retail stores have become a significant mode of circulation in this industry. Upon entering the market, the company first proposed a series of business ideas and business models, such as fruit brand building, franchise retail stores operation and vertical modernized supply chain management. The company enhanced revenue significantly through management innovation and resource integration.
China Fruit Corporation will continue to develop the franchise retail stores and utilize the advantage of e-commerce, using the O2O pattern to allow more consumers to taste the high quality fruits, bringing an increase in nutrition and health.
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