China Food Services, Corp. Files 2nd Quarter Initial Company Information & Disclosure Statement on the PinkOTC

BEIJING, Aug. 6 /PRNewswire-FirstCall/ -- China Food Services, Corp., (Other OTC: GDHI) http://www.chinafoodservices.com an international food and beverage distributor specializing in the distribution of US and international food & beverage brands to the Chinese market, today announces it has filed the necessary disclosure and financial documents with the PinkOTC, to maintain the commitment to its shareholders of transparency.  The Board of Directors of GDHI will maintain this commitment throughout the year.  GDHI has hired an approved PinkOTC Corporate Attorney Firm M. Natalia Maddela, Esq. PC, to issue all legal opinion and be the corporate counsel; by accomplishing this, the company expects to have its PS status approved no later than the end of month.

Copy of the 2nd quarter Initial Company Information & Disclosure Statement can be found on the following link:

https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=34721

Mr. Frank J. Yglesias CEO stated, "Even though we are not a regulated to meet the Sarbanes–Oxley Act of 2002, we are building a foundation of transparency, to eventually meet these regulations.  Building this foundation will eventually help us and pave a path to up listing or dual listing in any exchange in the future."

About China Food Services, Corp.

China Food Services, Corp. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. in central Hong Kong and Beijing Jin Long Fei International Trading Co., Ltd in China.  China Food Services, Corp. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for its Hong Kong subsidiary, negotiating vendor contracts and services with U.S. food and beverage industry partners. 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. Through this arrangement, Beijing Jin Long Fei International Trading Co., Ltd distributes some of the most popular U.S. food and beverage brand products directly into the hypermarkets, supermarkets and convenience stores in China. The Company is responsible for order fulfillment for its clients in China, as well as providing advertising and promotion (A&P) services for its U.S. food and beverage products.

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.

SOURCE China Food Services, Corp.