Published: May 09, 2008
Tai Na International Fruits (Beijing) Co. Ltd. To Build a 'Pinggu Peach' Base
BEIJING, May 9 /Xinhua-PRNewswire-FirstCall/ -- Tai Na International
Fruits (Beijing) Co. Ltd. ("Tai Na International") recently signed an
agreement with Beijing Lvgu Qingyuan Fruit Production & Marketing Cooperative
(Beijing Lvgu) regarding the use of a 668-mu peach garden at Xiongerying
Village, Pinggu District as Tai Na's Pinggu Peach Base. This act, as a new
supplement to Tai Na's fruit business, help achieve direct supply and
distribution of Pinggu Peach from Tai Na's Pinggu Peach Base to the franchise
stores. From now on, consumers can directly purchase fresh and original Pinggu
Peaches at reasonable prices in Tai Na's franchise stores.
Pinggu Peach is well-known at home and abroad for its size, color and
sweetness. Called the "Magic Pinggu Peach," it is a favorite of consumers both
inChina and abroad. Pinggu Peaches are sold to more than 20 provinces and
cities inChina,Hong Kong,Macao,Taiwan as well as over ten countries in
Southeast Asia &Western Europe.
About Tai Na International
Tai Na International Fruits (Beijing) Co. Ltd. ('Tai Na International'),
located inBeijing, People's Republic of China, is a wholly-owned subsidiary
of China Fruits Corp. (OTC Bulletin Board: CHFR) The registered capital of Tai
Na International is 10 million RMB (approximately 1,400,000 USD). The company
core business is handling famous, special and high-quality fruits from home
and abroad. It will be devoted to the creation of the Tai Na brand and the
realization of direct supply of place-of-origin fruits.
China Fruits Corp. currently has 36,129,689 issued and outstanding shares
of common stock that trade on the Over-The-Counter Bulletin Board under the
symbol 'CHFR'.
Forward-looking Statements
This report contains 'forward-looking' statements within the meaning of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements other than
statements of historical facts included in this report are forward-looking
statements. Forward-looking statements involve risks and uncertainties
including, but not limited to, economic and political factors; developments of
the Chinese, European and North American markets and changes in regulatory
matters; our business strategies and future plans of operations; the market
acceptance and amount of sales of our products and services; our historical
losses; the competitive environment within the industries in which we compete;
and our ability to raise additional capital, currently needed for expansion.
The Company cautions that forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to differ
materially from those indicated in the forward-looking statements due to
several important factors.
For more information, please contact:
Ms. Zhan Hong
Tai Na International Fruits (Beijing) Co. Ltd.
Tel: +86-794-326-6679
Email: goldenorange2006@yahoo.com.cn
SOURCE China Fruits Corp.
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