Golden Dragon Holdings, Inc. Announces Corporate Name Change to China Food Services, Corp.

BEIJING and MIAMI, April 12 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Pink Sheets: GDHI - News) http://www.gdfbhk.com an international food and beverage distributor specializing in the distribution of US and International food & beverage brands to the Chinese market, today announces that the company has changed its corporate name to China Food Services, Corp.  The company believes that this new name change will more accurately and effectively represent the services and business model of the company.

(Logo: http://www.newscom.com/cgi-bin/prnh/20100412/FL84447LOGO)

The corporate name change will not affect the validity or transferability of any existing stock certificates that bear the Golden Dragon Holdings, Inc. name, additional the company's current share structure will remain unchanged.

Mr. Frank Yglesias CEO, stated "We are very pleased about our new name, we feel it is more inline with our corporate goals, and it will represent our products and services more accurately.  I personally want to reassure our shareholders that we are truly dedicated to the long term growth of China Food Services, Corp."

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 subsidiaries, 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.