2007'04.13.Fri
Jiangxi Taina Nanfeng Orange Co. Ltd. Benefited from Government Support which Helps to Improve Quality and Enlarge Export
April 13, 2007
NANFENG, China, April 13 /Xinhua-PRNewswire/ -- Jiangxi Taina Nanfeng Orange Co. Ltd. (OTC Bulletin Board: CHFR) ("CHFR" or "the company"), a Chinese company engaged in the planting and marketing of oranges and orange related products, announced that Jiangxi government has considered its official support to Nanfeng orange, one of the important products from Jiangxi province. The government will focus its support on the industry's plant construction and export capacity hoping to transform the export of primary products into an industrialized and expanded mode of operations in Jiangxi. The foundation of the first selected group of Production Bases for Export of Chinese Orange in Nanfeng signified a gratifying step of orange in Nanfeng, Jiangxi last year. The result of the selection has proved the success of Nanfeng orange in high industrial standard which will help to boost its brand image and to enlarge export and income. Currently, application of new technologies has brought to reduce production cost and to improve quality of orange in Nanfeng. The government selected and organized the farmers in Nanfeng to learn from their counterparts in Zhejiang, Chongqing and Hunan Province, and more than 3,000 orange farmers have received the green certificate, and more than 2,000 farmers have been granted technical titles under the program. Moreover, Jiangxi Bureau of Entry-Exit Inspection & Quarantine has selected good breed, fertile soil with proper climate and rainfall, an orchard with the area of 453 hectares as the export base, bringing out the passport for Nanfeng orange to march out of the country and into the world. Last year, export of Nanfeng orange rose by 131% over that of the previous year. (Sources are from JiangXi Statistical Information Net.) "We can see that, fruit dealers have come to order our NanFeng orange long before the pick season. This is the new result from the plan for increased output and income of farmers carried out in Nanfeng county to support Nanfeng orange, the advantageous business, on a focused basis, actively expand the market, improve the quality, reduce the risk and promote an upgrade of Nanfeng orange," says Mr. Chen Quanlong, Chairman of the Board of CHFR. About Jiangxi Taina Nanfeng Orange Co. Ltd. China Fruits Corporation, through its wholly-owned subsidiary in China, Jiangxi Taina Nanfeng Orange Co. Ltd. (formerly Jiangxi Taina Fruits Co., Ltd.), is engaged in the planting and marketing of Nanfeng oranges; the production and sales of fruit wine and nonalcoholic beverages; and R&D in fruit biotech and deep-processing, event organization, management and consulting for fruit branding. The company is located in Nanfeng county, Jiangxi province, an area considered by many to be the orange capital of China. China Fruits Corporation has registered capital of RMB2 million (or USD$250,000). The company is a good model for industrialized development of Chinese mandarin oranges. They have adopted traditional planting methods in combination with modern nascent technologies to build biological orchards, plant green and organic NanFeng oranges, achieve fresh storage by means of hi-tech air- conditioned storehouses, employ hi-tech biological engineering for deep processing (of fruit wine and beverage), biologically abstract orange oil and essence, and to produce biological fertilizer out of orange residues for recycled use in orchards. They have created an entire chain of industries from their R&D, cross-breeding, preservation, and preserved sales processing. The company is considered by some to be one of the nation's leading enterprises for industrialized agriculture. CHFR has developed a human-based and system-oriented business plan. They endeavor to create national brand recognition in China over the short-term and international brand recognition in the future. CHFR makes it a priority to maximize corporate profits and to bring ideal returns to their investors. 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. Ms. Zou Fen The Jiangxi Taina Nanfeng Orange Co. Ltd., +86 791-6496247 sindyzou@126.com
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