Golden Dragon Holdings, Inc. Sends 1st Wine Shipment to Beijing

BEIJING and MIAMI, Feb. 23 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other OTC: GDHI) 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 it has consolidated a 40ft container of Spanish wine.  The consolidation consists of the following wine vendors: Centum Vitis from Bodegas Valdelana www.bodegasvaldelana.com, Neo, Vivir Vivir, Disco 2008, Crazy Tempranillo and the Motivo Brand from Bodegas Conde www.bodegasconde.es, www.zonaneo.com/index.php.

The company estimates the gross sales for this 40ft container around $125,000USD.  The company will focus on shipping one 40ft container every quarter to China during this year.  The primary market for the sales of wine will be directly to the restaurants in Beijing, selected supermarkets, international hotels and wine bars in Beijing.

Mr. Cesar Cuenca President stated, "with this container we are establishing a niche in the high end wine sector with Centum Vitis for the affluent wine connoisseur, Centum Vitis competes with wines like Chateau Perus from France and Pingus from Spain. Then our 100Renminbi wine market for the 'Chuppies' Chinese Yuppies, this is the most exciting and the fastest growing market sector for wine in China, and where we believe we can be the leaders."

About Golden Dragon Holdings, Inc.

Golden Dragon Holdings, Inc. owns and operates Golden Dragon Food & Beverage Import & Export Company of Hong Kong, Ltd. (GDHK) in central Hong Kong and Beijing Flying Golden Dragon International Trading Co., Ltd in China (BFGD). Golden Dragon Holdings, Inc. has agreements with U.S. food manufacturers. GDHI acts as a buying agent for GDHK, 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 Flying Golden Dragon 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 Golden Dragon Holdings, Inc.

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