Golden Dragon Holdings, Inc. (OTC: GDHI) has announced they have received a retail alcohol, wine and spirits license from the Peoples Republic of China. This license will help GDHI establish a foundation as a food and beverage distributor in China. Revenues are expected to be received immediately following the reception of the license. The license acquired in the Peoples Republic of China is similar to the ABC liquor license in the USA.
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About Golden Dragon
Golden Dragon Holdings, Inc. (GDHI) is a USA publicly traded company that owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Jin Long Fei International Trade Company Ltd. in China. Golden Dragon Holdings, Inc. has agreements with USA food and beverage manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with USA food and beverage industry partners. The company purchases goods and services directly from Golden Dragon Holdings, Inc. 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. We distribute some of the most popular USA food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. We are responsible for order fulfillment for our clients in China, as well as providing advertising and promotion (A&P) services for our USA food and beverage products.
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