Golden Dragon Holdings, Inc. Signs its Largest Distribution

Golden Dragon Holdings, Inc. Signs its Largest Distribution Agreement to Date

  PR Newswire

  BEIJING, Feb. 2

BEIJING, Feb. 2 /PRNewswire-FirstCall/ -- Golden Dragon Holdings, Inc. (Other
OTC: GDHI), an international food and beverage
distributor specializing in the distribution of U.S. food & beverage brands to
the Chinese market, today announces that it has signed, its second deal with
China Resources Enterprise Limited, aka/ Vanguard Group who operates more than
2,600 Supermarkets, Hyper Markets and Specialty Stores throughout China and
Hong Kong. This agreement will allows us to sell and service all 40 Vanguard
Supermarkets in Beijing.

Mr. Frank Yglesias CEO stated, "In today's conference call, I will be talking
in more detail about the importance of these contracts, the huge
responsibility, and the future relationship with the Vanguard Group."

Conference call detail:

Date: February 2nd, 2010

Time: 4:30 pm EST

Conference call Number: 218-339-3600

Access Code: 767741#

About China Resources Vanguard

China Resources Enterprise, Limited is a listed company on the Stock Exchange
of Hong Kong (Stock Code: 00291) and is one of the constituent stocks of the
Hang Seng Index. The Group focuses on the consumer businesses in both the
Chinese Mainland and Hong Kong, with core activities being retail, beverage,
food processing and distribution, textile and investment property. The retail
subsidiary has grown to become the No. 1 supermarket retailer in China. With
over 2,600 chain stores located in Hong Kong, Shenzhen, Guangzhou, Zhong Shan,
Zhu Hai, Su Zhou, Nan Jing, Beijing, Tianjin, Xian, Zheng Zhou and other major
cities in PRC, CRV has more than 100,000 employees. With the diversified
business, CRV currently operates 184 Vanguard Hypermarkets, 15 V'Ole
Supermarkets, and 2,572 Vanguard Supermarkets and VnGO 24hrs convenience

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.

Contact: Golden Dragon Holdings, Inc., +1-888-889-8185,
Press spacebar to pause and continue. Press esc to stop.