Published: January 18, 2006
Hewlett Packard (China) Awards Dragon Capital Diamond Award
Dragon Capital Group Corp. (OTC: DRGV), a
holding company of emerging high-tech companies in China, announced that
its subsidiary, Shanghai Zhaoli Technology Development Company, Limited
("Zhaoli"), has received a diamond award as one of the top distributors in
2005. The awards are granted by Hewlett Packard of China to recognize
achievement by associated vendors of HP products.
Each year, Hewlett Packard of China ranks its Chinese distributors in terms
of sale volume. A diamond award is granted to distributors who attain $15
million in annual sales of HP products.
Wuzhang Wang, General Manager of Shanghai Zhaoli, commented, "It is an
honor to receive such a distinct award as one of the top Chinese
distributors for HP products in 2005. Shanghai Zhaoli has consistently
been a top distributor for HP products in the eastern part of China for the
past several years. We are very eager to continue our relationship with
Hewlett Packard of China to improve our performance as a distributor of HP
products for years to come."
About Dragon Capital Group Corp.
Dragon Capital Group Corp (OTC: DRGV), formerly Dragon Venture, is doing
business in China through its five subsidiaries. Dragon is a holding
company of emerging technology companies operating in China. Dragon
Capital Group, through its wholly owned subsidiary, Shanghai Dragon Venture
Company Limited, manages a portfolio of member companies, offering support
in the critical functions of general business consulting, formation of
joint ventures, investment capital, financial management, operational
management, merger & acquisition, and strategic partners. The Company's
focus is on innovative technological applications, which are poised to
alter the competitive landscape of the industry in China. For more
information about DRGV, please visit http://www.dragoncapital.us.
About Shanghai Zhaoli Technology Development Company, Limited
Shanghai Zhaoli Technology Development Company, Limited ("Zhaoli") is an
information technology enterprise by providing innovative information
technology solutions to enhance its customer's businesses. Zhaoli's
customers include financial institutions, telecommunication companies,
hospitals, supermarkets, airports, railway stations, and various government
agencies. Zhaoli is an authorized general agent and distributor for a wide
array of manufacturers, including Epson, Cannon, Hewlett Packard, Ricoh,
Brother, Star and Samsung. Zhaoli has a widespread sales channel, with
headquarters in Shanghai and nine additional branch locations. Zhaoli has
also developed an ERS software system for enterprises to manage accounting,
distribution, inventory and sales.
Safe Harbor Statement
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"forward-looking statements." Forward-looking statements include, without
limitation, any statement that may predict, forecast, indicate, or imply
future results, performance or achievements, and may contain the words
"estimate," "project," "intend," "forecast," "anticipate," "plan,"
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"may" or words or expressions of similar meaning. Such statements are not
guarantees of future performance and are subject to risks and uncertainties
that could cause the company's actual results and financial position to
differ materially from those included within the forward-looking
statements. Forward-looking statements involve risks and uncertainties,
including those relating to the Company's ability to grow its business.
Actual results may differ materially from the results predicted and
reported results should not be considered as an indication of future
performance. The potential risks and uncertainties include, among others,
the Company's limited operating history, the limited financial resources,
domestic or global economic conditions -- especially those relating to
China, activities of competitors and the presence of new or additional
competition, and changes in Federal or State laws, restrictions and
regulations on doing business in a foreign country, in particular China,
and conditions of equity markets.
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