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Golden Dragon Holdings, Inc. Enters Into an Exclusive Foreign Import Organic Food Distribution Agreement With China National Green Food Industrial Corporation

Posted on: Tuesday, 19 August 2008, 09:00 CDT

Golden Dragon Holdings, Inc. (GDHI) (www.gdfbhk.com) is proud to announce it has entered into an exclusive foreign import organic food distribution agreement with China National Green Food Industrial Corporation (www.cnfg.com).

The terms of this agreement enables GDHI to instantly place its products throughout China. The business infrastructure and logistics services that China National Green Food Industrial Corporation commands for the last 25 years, will enable GDHI to immediately start its 1st phase, right after the 2008 Beijing Olympics. The 1st phase will consist of the final approval and certifications from the General Administration of Quality Supervision Inspection & Quarantine of P.R.C. (AQSIQ) of its organic products. Once it receives these certifications, GDHI will start shipping organic products to the northern provinces of China which include cities like Beijing, Harbin, Changchun & Shenyang; these products are destined to more than 100 supermarkets.

China National Green Food Industrial Corporation

China National Green Food Industrial Corporation, first launched in 1994, it is professionally engaged in the development of imports and exports of organic green foods in the Asian Pacific Rim. Its business ranges include planting, cultivation, food processing, commerce, storage and transportation, logistic and consultation. The main businesses include the production, supermarket supplying, import and export of organic green food. Our aim is to supply safe and healthy products to our clients in the Asian Pacific Region. Our service mainly aims on two parts: One to serve the farmers and the producing bases. In order to make sure the products are organic or green food as we demand, we will supervise every phase of producing, from seeds, planting, management, harvest, storage and transportation The other is the monopolization of shops to every community to convenient the consumer. All of our suppliers have the green food producers' certification by China Green Food Development Center.

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. Golden Dragon Holdings, Inc. has agreements with USA food manufacturers. GDHI acts as a buying agent for GDHK, negotiating vendor contracts and services with USA food and beverage industry partners.

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. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including, without limitation, risks relating to the ability to close transactions being contemplated, risks related to sales, continued acceptance of Golden Dragon Holding's products, increased levels of competition, technological changes, dependence on intellectual property rights and other risks detailed from time to time in Golden Dragons Corporation's periodic reports filed with the regulatory authorities.

 Contact Info: Mr. Frank J. Yglesias ir@gdfbhk.com 1-888-889-8185 Ext. 3 http://www.gdfbhk.com

SOURCE: Golden Dragon Holdings, Inc.

Source: MARKET WIRE

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