DALLAS, Feb. 4, 2010 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring food and beverage distributor Golden Dragon Holding Inc. (Pink Sheets:GDHI). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: http://www.beaconequity.com/i/GDHI
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Golden Dragon Holdings Inc. (GDHI) is an international importer, exporter, distributor and seller of complete line of supermarket goods, including staple, organic, specialty, gourmet foods and beverages to Asia and the Middle East. The Company operates through its subsidiaries Golden Dragon Food & Beverage Import & Export Co. in Hong Kong and Beijing Flying Golden Dragon International Trading Co. Ltd. in China.
In the report, the analyst notes:
"Continued Chinese GDP growth, income gains and increased purchasing power amongst its workers create increased demand for imported goods from the United States, Europe and other OECD countries offering mature and value-added products popular in the West. The Company, therefore, is positioned to benefit from a two-decade long trend toward rectifying trade, consumer purchasing power and living standards imbalances between ASEAN and OECD countries.
"On February 1, the Company announced that it has entered into various agreements with China Resources Enterprise Limited, aka/ Vanguard Group. Vanguard Group operates more than 2,600 supermarkets, Hyper Markets and specialty stores throughout China and Hong Kong. The initial agreement includes supplying the smaller V'Ole Gourmet Supermarkets chain in Beijing.
"The Company said that the initial contract to supply the V'Ole Gourmet Supermarket chain serves as a performance test of the Company's ability to supply Vanguard's large chain of supermarkets operating throughout China and Hong Kong."
To read the entire report visit: http://www.beaconequity.com/i/GDHI
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