BEIJING, Dec. 9 /PRNewswire-FirstCall/ - Good Life China Corporation www.goodlifechina.com (GLCC) today after the market closed, announced the completion of cooperation agreement with Dalian Sanyo, Shanghai Jahwa and Beijing Jingyuan Sister Ma Food Co., Ltd. Note: in China, a cooperation agreement is similar to a joint venture, and commits both parties to a working agreement.
Dalian Sanyo Cold-Chain Co., Ltd. is the largest international manufacturer and R & D Company serving the Chinese supermarket, convenience store, refrigerated drink display and cold storage units in China. It is a joint venture between SANYO Electric Co., Ltd.,Dalian Bingshan Group Co., Ltd. and Sojitz Corporation, and has been at the forefront of the Chinese grocery sector since initially formed in 1994.
Dalian Sanyo will become the official refrigeration product supplier for Haorizi moving forward, with favorable pricing to be offered to all members of Haorizi's electronic trading platforms.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
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Tuesday, December 9, 2008
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