Tai Na International Fruits (Beijing) Co. Ltd. To Build a 'Pinggu Peach' Base
May 09 2008 - 9:52AM
PR Newswire (US)
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 in China and abroad. Pinggu Peaches
are sold to more than 20 provinces and cities in China, 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 in
Beijing, People's Republic of China, is a wholly-owned subsidiary
of China Fruits Corp. (OTC:CHFR) (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: DATASOURCE: China Fruits Corp. CONTACT: Ms.
Zhan Hong of Tai Na International Fruits (Beijing) Co. Ltd.,
+86-794-326-6679, or
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