Tai Na International Fruits (Beijing) Co. Ltd. To Build a 'Pinggu Peach' Base |
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By: China Fruits Corp. Posted: 2008-05-10 04:22:56 |
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Tai Na International Fruits (Beijing) Co. Ltd. ("Tai Na International") recently signed an agreement with Beijing Lvgu Qingyuan Fruit Production & Marketing Cooperative (Beijing Lvgu) regarding the use of a 668-mu peach garden at Xiongerying Village, Pinggu District as Tai Na's Pinggu Peach Base. This act, as a new supplement to Tai Na's fruit business, help achieve direct supply and distribution of Pinggu Peach from Tai Na's Pinggu Peach Base to the franchise stores. From now on, consumers can directly purchase fresh and original Pinggu Peaches at reasonable prices in Tai Na's franchise stores.
Pinggu Peach is well-known at home and abroad for its size, color and sweetness. Called the "Magic Pinggu Peach," it is a favorite of consumers both in China and abroad. Pinggu Peaches are sold to more than 20 provinces and cities in China, Hong Kong, Macao, Taiwan as well as over ten countries in Southeast Asia & Western Europe. About Tai Na International Tai Na International Fruits (Beijing) Co. Ltd. ('Tai Na International'), located in Beijing, People's Republic of China, is a wholly-owned subsidiary of China Fruits Corp. (OTC Bulletin Board: CHFR) The registered capital of Tai Na International is 10 million RMB (approximately 1,400,000 USD). The company core business is handling famous, special and high-quality fruits from home and abroad. It will be devoted to the creation of the Tai Na brand and the realization of direct supply of place-of-origin fruits. China Fruits Corp. currently has 36,129,689 issued and outstanding shares of common stock that trade on the Over-The-Counter Bulletin Board under the symbol 'CHFR'. Forward-looking Statements This report contains 'forward-looking' statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this report are forward-looking statements. Forward-looking statements involve risks and uncertainties including, but not limited to, economic and political factors; developments of the Chinese, European and North American markets and changes in regulatory matters; our business strategies and future plans of operations; the market acceptance and amount of sales of our products and services; our historical losses; the competitive environment within the industries in which we compete; and our ability to raise additional capital, currently needed for expansion. The Company cautions that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements due to several important factors. For more information, please contact: Ms. Zhan Hong Tai Na International Fruits (Beijing) Co. Ltd. Tel: +86-794-326-6679 |
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