China Golf Group, Inc. Establishes Hainan Subsidiary and Hainan Regional Office

SHANGHAI, Jan. 28, 2011 /PRNewswire-Asia-FirstCall/ -- Headquartered in Shanghai, China Golf Group, Inc. ("China Golf", or the "Company", or "we"), a leading designer and developer of premium golf courses, golf communities and improved land properties in China and the first of its kind publicly registered and reporting in the United States, announced establishing its subsidiary named Hainan Zhonggao Sports & Leisure Co., Ltd. and regional office in Haikou, Hainan province, effective January 21, 2011.

China Golf's Hainan subsidiary and regional office is at the following address: Suite 1203, Guosen Plaza, Nansha Road, Haikou, Hainan Province, P.R.China.

The newly established subsidiary and regional office led by Mr. Junping Hu is engaged in building golf courses and golf academy through investment, cooperation, joint venture as well as merger & acquisition. Mr. Hu has work experience in government and state-owned enterprises for over 20 years.

Hainan, one of the largest tourist provinces in China, is the hotspot for golf tourism. As the only tropical province in China, Hainan will be built into an international tourism island, in which the golf industry is the important part. According to a famous Chinese golf website, so far, 27 golf courses have been built and 7 golf courses are under construction in Hainan.

Moreover, two policies for developing the golf industry in Hainan were released in 2009. On December 1, 2009, the State Council Opinion on Accelerating the Development of Tourism Industry was released to promote the diversification of tourism products and orderly develop golf courses and large-scaled theme parks.

State Council Opinion on Promoting Hainan Island as an International Tourism Island on December 31, 2009 stated that while developing golf tourism, the legitimate rights and interests of farmers should be protected and relevant land formalities should be done according to the law.

"The establishment of Hainan subsidiary and regional Hainan office can prepare us well for our next phase of growth. Furthermore, the new team led by Mr. Hu is a valuable addition to our company. " commented Mr. Tiger Bi, the CEO of China Golf.

About China Golf Group

Founded in 2006, China Golf Group ("China Golf" or the "Company") is a Shanghai headquartered, leading designer and developer of premium golf courses, golf communities and improved land properties sold to developers of private residence villas and/or corporate clubs. In July 2010, China Golf merged with a Delaware public company and filed with the U.S. Securities and Exchange Commission ("SEC").  China Golf designs, constructs and develops premium golf courses and golf communities in the People's Republic of China ("PRC") through our PRC based operating companies. We offer a full spectrum of golf course development and management services, including design, engineering, construction, and maintenance of golf courses as well as consulting and management of golf projects. Since the formation of Beijing Shungao in 2006, we have completed over ten golf courses in China.  With our influential strategic partners, we are expanding our business to an invest-design-build-sell model with an objective to become the top golf course management company and the largest golf course chain in China.

For more information on the Company, please visit http://www.chinagolfgroup.com/

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995

This press release contains certain statements that may include "forward- looking statements" within the meaning of federal securities laws. All statements, other than statements of historical facts, included herein are "forward-looking statements". Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company's ability to successfully expand its market presence and those discussed in the Company's periodic reports that are filed with and available from the Securities and Exchange Commission. All forward- looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

SOURCE China Golf Group, Inc.

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